As the 2026 midterm election cycle begins, Democratic incumbent Senator Jon Ossoff is emerging as a formidable force in Georgia. Despite the state’s narrow turn toward President Trump in 2024, early polling, massive fundraising hauls, and shifting race ratings suggest that Republicans face a difficult climb to flip the seat.
Ossoff’s Financial Dominance
Ossoff enters the election year with a “war chest” that is expected to be one of the largest in Senate history.
- Cash on Hand: As of January 15, 2026, Ossoff reported more than $25 million in cash.
- 2025 Fundraising: He reportedly raised roughly $43 million over the course of 2025, driven largely by small-dollar grassroots donations (averaging $37).
- Comparison: In contrast, his leading Republican challengers, U.S. Reps. Mike Collins and Buddy Carter, each reported having between $2 million and $4 million on hand at the end of 2025—a significant gap that allows Ossoff to control the airwaves early.
The GOP “Triple-Decker” Primary
The Republican field remains unsettled as candidates vie for the MAGA base and President Trump’s endorsement.
| Candidate | Background | Status |
| Mike Collins | U.S. Representative (GA-10) | Currently leading internal GOP polls with ~28-30% of the primary vote. |
| Buddy Carter | U.S. Representative (GA-1) | Backed by a strong fundraising base in coastal Georgia; has lent his campaign $2M. |
| Derek Dooley | Former UGA/Tennessee Football Coach | Endorsed by outgoing Governor Brian Kemp; running as a political outsider. |
Race Ratings Update: On January 29, 2026, Sabato’s Crystal Ball upgraded the race from “Toss-up” to “Leans Democratic,” citing the fractured GOP field and Ossoff’s proven ability to win in tight Georgia runoffs. However, Cook Political Report and Inside Elections still maintain a “Toss-up” rating.
Early Head-to-Head Polling
Recent surveys show a remarkably tight race, though Ossoff maintains a consistent but slim edge over his potential rivals.
- TIPP Insights (July/Aug 2025): Ossoff leads Mike Collins 45% to 44% (Toss-up).
- Cygnal (June 2025): Ossoff leads Buddy Carter 49% to 42%.
- Betting Markets: Prediction platforms like Kalshi currently give Democrats an 80% chance of holding the seat as of February 2026, reflecting the high costs and logistical hurdles facing the GOP challengers.
The Trump Factor
The race is being framed by Ossoff as a “test for the nation’s future.” At a rally on February 7, he leaned into themes of voting rights and anti-corruption, explicitly criticizing the recent FBI activity in Fulton County. Meanwhile, the Republican candidates are in a “high-stakes audition” for President Trump’s favor, which some strategists worry may leave the eventual nominee too far to the right to win over moderate suburban voters in the general election.
