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Missouri poised to become first U.S. state to exempt stock sale profits from income taxes

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Missouri poised to become first U.S. state to exempt stock sale profits from income taxes


JEFFERSON CITY, Mo. — Investors who profit from selling stocks, real estate and other assets soon could reap an even larger benefit in Missouri, which is poised to become the first U.S. state to exempt capital gains from its income tax.

Legislation that won final approval Wednesday would halt the capital gains tax this year for individuals and could eventually eliminate it for corporations, if state revenues keep growing. The tax repeal now heads to Republican Gov. Mike Kehoe, who has said he’s “very supportive” of it.

Though proponents hope it can spur the economy, detractors assert that the capital gains tax repeal will primarily benefit the rich and result in less tax revenue for public schools and services. The Republican-led Legislature overcame objections by Democrats only after expanding the bill with greater tax breaks for seniors and disabled residents and new sales tax exemptions for diapers and feminine hygiene products.

Missouri’s unique income tax carve-out comes as Republican-led legislatures in at least eight other states have passed more traditional income tax rate reductions this year. It also comes as Congress weighs whether to renew and expand income tax breaks enacted during President Donald Trump’s first term in office.

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Capital gains are profits from the sale of assets such as stocks, cryptocurrency or property. The federal government taxes long-term capital gains, on assets held for more than a year, at a lower rate than ordinary income.

All states that tax income also tax capital gains. Missouri currently is among 32 states and the District of Columbia that tax capital gains at the same rate as wages and other income, according to the nonprofit Tax Foundation. Eight states tax capital gains at a lower rate than other income.

Some Democratic-led states have been moving in the opposite direction. Maryland lawmakers last month passed a bill that would impose a 2% capital gains tax on those with incomes over $350,000. And Washington lawmakers recently passed legislation to impose an extra 2.9% tax on capital gains over $1 million. Minnesota already imposes a surcharge on capital gains and other investment income over $1 million.

Proponents of axing the capital gains tax say the tax discourages investment and incentivizes people to hold onto assets instead of selling them and spending money elsewhere in the economy.

“When you tax something you get less of it,” said Jonathan Williams, president and chief economist at the American Legislative Exchange Council, an association of conservative lawmakers and businesses. “The idea is, of course, you want more investment in your state.”

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Though ALEC has long backed the repeal of state capital gains taxes, Missouri House Speaker Pro Tem Chad Perkins said the idea came to him last year from friends at an employee-owned construction company that was getting hit with the tax. He said his legislation also could benefit family farmers who want to sell their land.

The capital gains tax results in “lost economic opportunity, financial sclerosis, lower wages — all of which serve to make Missouri less competitive both domestically and internationally,” said Republican state Sen. Curtis Trent, who handled the bill in the Senate.

Opponents say the wealthy will get the greatest reward.

Repealing Missouri’s tax on capital gains would set “a worrisome precedent” nationally and “worsen economic and racial inequities,” said Sam Waxman, deputy director of state policy research at the liberal-leaning Center on Budget and Policy Priorities.

One government study found that white families are more likely to report capital gains than some minorities. Among middle-income taxpayers, about 8% of white families benefited from the federal government’s tax rates on capital gains and dividends compared to just 3% of Black families and 1% of Hispanic families, according to a 2023 U.S. Treasury Department report.

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In Missouri, about 542,000 individual income taxpayers reported capital gains in 2022, amounting to just one-fifth of all filers, according to the Missouri Budget Project, a nonprofit research group that opposes the capital gains tax repeal. The group estimates that 80% of the tax relief would go to the wealthiest 5% of taxpayers.

Legislative researchers estimate Missouri’s capital gains tax repeal could cost the state about $262 million annually when fully implemented. But that’s disputed by both supporters and opponents.

The Missouri Budget Project estimates the cost could be nearly $600 million annually.

Trent predicts the tax repeal will trigger “increased economic growth (that) will translate into increased tax revenue” over time.

Owen Zidar, an economics and public affairs professor at Princeton University, studied the impacts of 584 capital gains tax rate changes in states over four decades. Capital gains tax cuts tend to result in more people selling assets for gains, but not so much as to offset the lost tax revenue, he said.

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Zidar said he is skeptical of claims that Missouri’s capital gains tax repeal will attract a lot of investment and economic activity.

“I think it’s going to be a substantial revenue decrease,” he said.



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Caesars Missouri promo code SPORTSLINEDYW: Bet $1, double winnings on next 10 bets

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Caesars Missouri promo code SPORTSLINEDYW: Bet , double winnings on next 10 bets


Content on this page may include affiliate links. If you click and sign up/place a wager, we may receive compensation at no cost to you.

Missouri sports betting is live, and new users can sign up with the Caesars Missouri promo code SPORTSLINEDYW. It unlocks a bet $1+ to double your winnings on your next 10 wager offer.

Legalized sports betting is finally here in Missouri, and Caesars Sportsbook Missouri is one of the sportsbooks that is now operating in the Show-Me State. The Caesars Missouri promo code SPORTSLINEDYW lets new users bet $1 and double their winnings on their next 10 wagers.

Caesars Sportsbook Missouri promo Bet $1, double your winnings on your next 10 wagers  

Caesars Sportsbook Missouri promo code  

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SPORTSLINEDYW

Is Caesars Sportsbook available in Missouri?  

Yes, as of December 1, 2025

Caesars Sportsbook available states

Arizona, Colorado, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maryland, Michigan, Missouri, Nevada, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, Washington D.C., West Virginia, Wyoming

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Last verified March 11, 2026

Is Caesars Sportsbook legal in Missouri?

Caesars Sportsbook is officially available in Missouri as of Dec. 1, 2025. Caesars will now operate in Missouri both with in-person sportsbooks out of existing retail casinos in the state, as well as online. This allows bettors throughout the state to place wagers on different sports markets.

Caesars Sportsbook Missouri promo

The Caesars Sportsbook Missouri promo code is SPORTSLINEDYW. With this offer, new users can bet $1 and double their winnings on their next 10 wagers via ten 100% Profit Boost Tokens. 

How does the Caesars Sportsbook Missouri promo code work?

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With the Caesars Sportsbook Missouri promo code SPORTSLINEDYW, new users can place a $1+ first bet with minimum odds of -10,000 to receive 10 Profit Boost Tokens. Those tokens have a maximum bet amount of $25. There is also a maximum additional winnings of $2,500 per token. Tokens expire 14 days after receipt. If a wager is voided or is graded a push, Profit Boost Tokens are not reissued.

How to sign up for Caesars Sportsbook Missouri

Here are the steps to follow in order to sign up with Caesars Sportsbook in Missouri.

  1. Click here to head to Caesars Sportsbook.
  2. Enter the Caesars Sportsbook Missouri promo code SPORTSLINEDYW when prompted.
  3. Enter all required information, like name, email and address, to create a Caesars Sportsbook account.
  4. Deposit at least $10 into your Caesars Sportsbook account.
  5. Place your first wager of $1+ with minimum -10,000 odds.
  6. Receive ten 100% Profit Boost Tokens, with each having a limit of $25 max bet. 

Missouri sports teams to bet on

There are seven professional teams in Missouri, in leagues like the NFL, NHL, MLB, MLS and NWSL. Here are the available odds for Missouri teams at Caesars Sportsbook (last updated Feb. 17, 2026). 

Kansas City Chiefs (+1400)

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The Chiefs got off to a slow start to the 2025 season and were eliminated from playoff contention in Week 15. Prior to 2026, Kansas City appeared in each of the last three Super Bowls and five of the last seven, winning three rings over that span. 

St. Louis Blues (+30000)

The Blues aren’t seen as a prime Stanley Cup contender, but they figure to be in the playoff mix once again this year. St. Louis made the postseason last year and made some noise, forcing the Winnipeg Jets to Game 7 in the first round, which the Jets won in overtime. 

Kansas City Royals (+4000)

The Royals could not capitalize on their 2024 playoff run, finishing barely over .500 and missing the postseason in 2025. The team has some key pieces set to return, namely superstar shortstop Bobby Witt Jr., who is among the top players in the game. The AL Central-winning Guardians won just 88 games and the Tigers earned the third AL Wild Card spot with 87 victories, so the American League figures to be wide open again in 2026.

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St. Louis Cardinals (+12500)

Missouri’s other MLB team has struggled in recent years, finishing under .500 twice since 2023 and missing the postseason each of those seasons. That comes after making the postseason nine times from 2011-2022. The Cardinals appear to be in a tough spot between rebuilding and contending, and oddsmakers peg them as a long shot to contend in 2026. 

Betting on college teams in Missouri

College sports are big in Missouri, especially the Missouri Tigers. Bettors are now able to place wagers on Tigers football and basketball as of Dec. 1. The Mizzou football team has taken some big steps towards College Football Playoff contention over the last few years under Eli Drinkwitz, while the school’s basketball team has made the NCAA Tournament in two of the last three years and three of the last five seasons. As of mid-February, the Tigers are right on the bubble of the 2026 Tournament field.

Responsible gaming in Missouri

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Sportsbooks in Missouri offer various tools and resources for bettors, like gaming limits and alerts, and timeout options. Additionally, the Missouri Gaming Commission offers plenty of different resources, as well as contact information for helplines to Missouri residents. The Missouri Problem Gambling Helpline can be reached at 888-BETS-OFF (888-238-7633) and 888BETSOFF.com. The MGC also offers a voluntary “Problem Gaming List” self-exclusion program. Bettors can also call or text 1-800-GAMBLER 24/7.

FAQ

When will Caesars Sportsbook be legal in Missouri? 

Caesars Sportsbook is officially available to Missouri bettors as of Dec. 1, 2025.

Can you use Caesars Sportsbook in Missouri?

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Caesars Sportsbook is now available in Missouri as of Dec. 1, so bettors can officially sign up and place wagers at the sportsbook. 

How can I register for Caesars Sportsbook in Missouri?

Check out our step-by-step instructions on how to sign up with the Caesars Sportsbook promo code further up on this page.

What is the Caesars Sportsbook promo in Missouri?

The Caesars Sportsbook Missouri promo code is SPORTSLINEDYW, which allows new users to place a $1+ first bet with minimum odds of -10,000 to receive 10 Profit Boost Tokens. Those tokens have a maximum bet amount of $25. There is also a maximum additional winnings of $2,500 per token. Tokens expire 14 days after receipt. If a wager is voided or is graded a push, Profit Boost Tokens are not reissued. 

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Missouri Lottery Mega Millions, Pick 3 winning numbers for March 10, 2026

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The Missouri Lottery offers several draw games for those aiming to win big.

Here’s a look at March 10, 2026, results for each game:

Winning Mega Millions numbers from March 10 drawing

16-21-30-35-65, Mega Ball: 07

Check Mega Millions payouts and previous drawings here.

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Winning Pick 3 numbers from March 10 drawing

Midday: 8-7-5

Midday Wild: 9

Evening: 6-8-6

Evening Wild: 1

Check Pick 3 payouts and previous drawings here.

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Winning Pick 4 numbers from March 10 drawing

Midday: 6-4-9-3

Midday Wild: 4

Evening: 1-2-6-7

Evening Wild: 7

Check Pick 4 payouts and previous drawings here.

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Winning Cash Pop numbers from March 10 drawing

Early Bird: 15

Morning: 04

Matinee: 10

Prime Time: 14

Night Owl: 01

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Check Cash Pop payouts and previous drawings here.

Winning Show Me Cash numbers from March 10 drawing

04-07-18-25-29

Check Show Me Cash payouts and previous drawings here.

Feeling lucky? Explore the latest lottery news & results

Are you a winner? Here’s how to claim your lottery prize

All Missouri Lottery retailers can redeem prizes up to $600. For prizes over $600, winners have the option to submit their claim by mail or in person at one of Missouri Lottery’s regional offices, by appointment only.

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To claim by mail, complete a Missouri Lottery winner claim form, sign your winning ticket, and include a copy of your government-issued photo ID along with a completed IRS Form W-9. Ensure your name, address, telephone number and signature are on the back of your ticket. Claims should be mailed to:

Ticket Redemption

Missouri Lottery

P.O. Box 7777

Jefferson City, MO 65102-7777

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For in-person claims, visit the Missouri Lottery Headquarters in Jefferson City or one of the regional offices in Kansas City, Springfield or St. Louis. Be sure to call ahead to verify hours and check if an appointment is required.

For additional instructions or to download the claim form, visit the Missouri Lottery prize claim page.

When are the Missouri Lottery drawings held?

  • Powerball: 9:59 p.m. Monday, Wednesday and Saturday.
  • Mega Millions: 10 p.m. Tuesday and Friday.
  • Pick 3: 12:45 p.m. (Midday) and 8:59 p.m. (Evening) daily.
  • Pick 4: 12:45 p.m. (Midday) and 8:59 p.m. (Evening) daily.
  • Cash4Life: 8 p.m. daily.
  • Cash Pop: 8 a.m. (Early Bird), 11 a.m. (Late Morning), 3 p.m. (Matinee), 7 p.m. (Prime Time) and 11 p.m. (Night Owl) daily.
  • Show Me Cash: 8:59 p.m. daily.
  • Lotto: 8:59 p.m. Wednesday and Saturday.
  • Powerball Double Play: 9:59 p.m. Monday, Wednesday and Saturday.

This results page was generated automatically using information from TinBu and a template written and reviewed by a Missouri editor. You can send feedback using this form.



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Missouri Supreme Court hears arguments on congressional redistricting map – Missourinet

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Missouri Supreme Court hears arguments on congressional redistricting map – Missourinet


The Missouri Supreme Court heard arguments Tuesday on whether the so-called “Missouri First” map is unconstitutional.

The map, passed by Republican lawmakers in September and signed by Gov. Mike Kehoe, stretches the boundaries of the 5th Congressional District, a Democratic stronghold, eastward into heavily Republican regions of the state. It also moves part of the current 5th District into the 4th and 6th districts, currently represented by Republican congressmen Mark Alford and Sam Graves. Incumbent Democrat Emanuel Cleaver is running for reelection in the 5th District.

Opponents of the Missouri First map’s main argument focused on the map being passed by lawmakers without any new data from the U.S. Census Bureau. The congressional boundaries tossed out by the Missouri First map were based on the 2020 U.S. Census.

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Attorney Chuck Hatfield represents those challenging the new map passed by Republican lawmakers last fall.

“The whole idea is tethered to the census data. You must do it at the census, and you only do it at the census,” Hatfield told the High Court. “The court’s precedents also support this.”

Solicitor General Louis Capozzi, representing the Missouri Sec. of State’s office, disagreed, saying the Missouri Constitution is silent on mid-decade redistricting.

“Mid-decade redistricting had happened in Missouri in the 1870s, and mid-decade redistricting was common around the country in the first half of the 20th century,” he argued. “Article III, Section 45 of the Missouri Constitution sets out only three requirements for the redistricting of seats in Missouri, ‘The district shall be composed of contiguous territory, as compact, and as nearly equal in population as may be.’ And as long as the General Assembly complies with those three rules, this court said that Missouri courts, ‘shall respect the political determinations of the General Assembly.’”

Meanwhile, roughly a hundred demonstrators held signs across the street from the Missouri Supreme Court building, condemning the Missouri First map and calling for the Missouri Supreme Court to strike it down.

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“Voters should choose our politicians,” said Missouri League of Women Voters Director Kay Park. “The League (of Women Voters) believes redistricting should keep communities of similar culture and race together to strengthen their vote and promote partisan fairness.”

The Missouri Supreme Court will rule on the congressional district map later.

Copyright © 2026 · Missourinet



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