Sexual minorities face multiple distinct stressors, including internalized stigma, felt stigma, and everyday discrimination. Prior research shows that for sexual minorities, these stressors are critical to their decisions to disclose their sexual orientation. However, many prior studies examined each stressor independently. It remains unclear whether and how each minority stressor uniquely contributes to disclosure, and how they may relate to one another in this process. This study addresses these gaps by using a national probability dataset of lesbian, gay, and bisexual (LGB) people in the United States (N = 944) that measured general outness (i.e., how out you are to others) and disclosure behavior (i.e., told someone you’re LGB for the first time). Using multilevel path analysis, we tested a linear model and three distinct mediation models that describe the process of how minority stressors affect outness and disclosure behavior. Results revealed that when all minority stressors are considered simultaneously, disclosure behavior is best predicted by everyday discrimination, whereas outness is best predicted by internalized stigma. In addition, the best-fitting mediation model suggests that everyday discrimination predicts internalized stigma and felt stigma, which in turn predict less outness, but more disclosure behavior. Together, this work clarifies the role of each minority stressor and deepens a theoretical understanding of how minority stressors shape disclosure. 