diff --git a/Gopkg.lock b/Gopkg.lock
index 050569195e12..a00dbbb33d41 100644
--- a/Gopkg.lock
+++ b/Gopkg.lock
@@ -38,7 +38,7 @@
   name = "github.com/btcsuite/btcd"
   packages = ["btcec"]
   pruneopts = "UT"
-  revision = "fdfc19097e7ac6b57035062056f5b7b4638b8898"
+  revision = "9a2f9524024889e129a5422aca2cff73cb3eabf6"
 
 [[projects]]
   digest = "1:386de157f7d19259a7f9c81f26ce011223ce0f090353c1152ffdf730d7d10ac2"
@@ -165,12 +165,13 @@
 
 [[projects]]
   branch = "master"
-  digest = "1:8951fe6e358876736d8fa1f3992624fdbb2dec6bc49401c1381d1ef8abbb544f"
+  digest = "1:ac64f01acc5eeea9dde40e326de6b6471e501392ec06524c3b51033aa50789bc"
   name = "github.com/hashicorp/hcl"
   packages = [
     ".",
     "hcl/ast",
     "hcl/parser",
+    "hcl/printer",
     "hcl/scanner",
     "hcl/strconv",
     "hcl/token",
@@ -231,11 +232,11 @@
 
 [[projects]]
   branch = "master"
-  digest = "1:e730597b38a4d56e2361e0b6236cb800e52c73cace2ff91396f4ff35792ddfa7"
+  digest = "1:5ab79470a1d0fb19b041a624415612f8236b3c06070161a910562f2b2d064355"
   name = "github.com/mitchellh/mapstructure"
   packages = ["."]
   pruneopts = "UT"
-  revision = "bb74f1db0675b241733089d5a1faa5dd8b0ef57b"
+  revision = "f15292f7a699fcc1a38a80977f80a046874ba8ac"
 
 [[projects]]
   digest = "1:95741de3af260a92cc5c7f3f3061e85273f5a81b5db20d4bd68da74bd521675e"
@@ -509,7 +510,7 @@
     "salsa20/salsa",
   ]
   pruneopts = "UT"
-  revision = "a49355c7e3f8fe157a85be2f77e6e269a0f89602"
+  revision = "c126467f60eb25f8f27e5a981f32a87e3965053f"
 
 [[projects]]
   digest = "1:04dda8391c3e2397daf254ac68003f30141c069b228d06baec8324a5f81dc1e9"
@@ -533,7 +534,7 @@
   name = "golang.org/x/sys"
   packages = ["unix"]
   pruneopts = "UT"
-  revision = "1b2967e3c290b7c545b3db0deeda16e9be4f98a2"
+  revision = "ac767d655b305d4e9612f5f6e33120b9176c4ad4"
 
 [[projects]]
   digest = "1:7509ba4347d1f8de6ae9be8818b0cd1abc3deeffe28aeaf4be6d4b6b5178d9ca"
@@ -564,7 +565,7 @@
   name = "google.golang.org/genproto"
   packages = ["googleapis/rpc/status"]
   pruneopts = "UT"
-  revision = "e92b116572682a5b432ddd840aeaba2a559eeff1"
+  revision = "02b4e95473316948020af0b7a4f0f22c73929b0e"
 
 [[projects]]
   digest = "1:4d7b5d9746840266938cdb21a40f8eba7137d9153c4ed404d6bb2a450d06f690"
diff --git a/PENDING.md b/PENDING.md
index 5f14a2588d07..3977dab58422 100644
--- a/PENDING.md
+++ b/PENDING.md
@@ -45,3 +45,4 @@ IMPROVEMENTS
 
 BUG FIXES
 *  \#1666 Add intra-tx counter to the genesis validators
+*  \#1787 Fixed bug where Tally fails due to revoked/unbonding validator
diff --git a/x/gov/tally.go b/x/gov/tally.go
index 38462e72d0ff..2d8e85f7b2c6 100644
--- a/x/gov/tally.go
+++ b/x/gov/tally.go
@@ -48,16 +48,16 @@ func tally(ctx sdk.Context, keeper Keeper, proposal Proposal) (passes bool, nonV
 		} else {
 
 			keeper.ds.IterateDelegations(ctx, vote.Voter, func(index int64, delegation sdk.Delegation) (stop bool) {
-				val := currValidators[delegation.GetValidator().String()]
-				val.Minus = val.Minus.Add(delegation.GetBondShares())
-				currValidators[delegation.GetValidator().String()] = val
+				if val, ok := currValidators[delegation.GetValidator().String()]; ok {
+					val.Minus = val.Minus.Add(delegation.GetBondShares())
+					currValidators[delegation.GetValidator().String()] = val
 
-				delegatorShare := delegation.GetBondShares().Quo(val.DelegatorShares)
-				votingPower := val.Power.Mul(delegatorShare)
-
-				results[vote.Option] = results[vote.Option].Add(votingPower)
-				totalVotingPower = totalVotingPower.Add(votingPower)
+					delegatorShare := delegation.GetBondShares().Quo(val.DelegatorShares)
+					votingPower := val.Power.Mul(delegatorShare)
 
+					results[vote.Option] = results[vote.Option].Add(votingPower)
+					totalVotingPower = totalVotingPower.Add(votingPower)
+				}
 				return false
 			})
 		}
diff --git a/x/gov/tally_test.go b/x/gov/tally_test.go
index bcc3f2eb013e..3785326eb181 100644
--- a/x/gov/tally_test.go
+++ b/x/gov/tally_test.go
@@ -389,3 +389,43 @@ func TestTallyDelgatorMultipleInherit(t *testing.T) {
 
 	require.False(t, passes)
 }
+
+func TestTallyRevokedValidator(t *testing.T) {
+	mapp, keeper, sk, addrs, _, _ := getMockApp(t, 10)
+	mapp.BeginBlock(abci.RequestBeginBlock{})
+	ctx := mapp.BaseApp.NewContext(false, abci.Header{})
+	stakeHandler := stake.NewHandler(sk)
+
+	dummyDescription := stake.NewDescription("T", "E", "S", "T")
+	val1CreateMsg := stake.NewMsgCreateValidator(addrs[0], crypto.GenPrivKeyEd25519().PubKey(), sdk.NewCoin("steak", 25), dummyDescription)
+	stakeHandler(ctx, val1CreateMsg)
+	val2CreateMsg := stake.NewMsgCreateValidator(addrs[1], crypto.GenPrivKeyEd25519().PubKey(), sdk.NewCoin("steak", 6), dummyDescription)
+	stakeHandler(ctx, val2CreateMsg)
+	val3CreateMsg := stake.NewMsgCreateValidator(addrs[2], crypto.GenPrivKeyEd25519().PubKey(), sdk.NewCoin("steak", 7), dummyDescription)
+	stakeHandler(ctx, val3CreateMsg)
+
+	delegator1Msg := stake.NewMsgDelegate(addrs[3], addrs[2], sdk.NewCoin("steak", 10))
+	stakeHandler(ctx, delegator1Msg)
+	delegator1Msg2 := stake.NewMsgDelegate(addrs[3], addrs[1], sdk.NewCoin("steak", 10))
+	stakeHandler(ctx, delegator1Msg2)
+
+	val2, found := sk.GetValidator(ctx, addrs[1])
+	require.True(t, found)
+	sk.Revoke(ctx, val2.PubKey)
+
+	proposal := keeper.NewTextProposal(ctx, "Test", "description", ProposalTypeText)
+	proposalID := proposal.GetProposalID()
+	proposal.SetStatus(StatusVotingPeriod)
+	keeper.SetProposal(ctx, proposal)
+
+	err := keeper.AddVote(ctx, proposalID, addrs[0], OptionYes)
+	require.Nil(t, err)
+	err = keeper.AddVote(ctx, proposalID, addrs[1], OptionNo)
+	require.Nil(t, err)
+	err = keeper.AddVote(ctx, proposalID, addrs[2], OptionNo)
+	require.Nil(t, err)
+
+	passes, _ := tally(ctx, keeper, keeper.GetProposal(ctx, proposalID))
+
+	require.True(t, passes)
+}