diff --git a/src/rpc/client.cpp b/src/rpc/client.cpp
index 5fe914f0a1..eb91a151b5 100644
--- a/src/rpc/client.cpp
+++ b/src/rpc/client.cpp
@@ -114,6 +114,7 @@ static const CRPCConvertParam vRPCConvertParams[] =
     { "signrawtransactionwithkey", 2, "prevtxs" },
     { "signrawtransactionwithwallet", 1, "prevtxs" },
     { "sendrawtransaction", 1, "maxfeerate" },
+    { "sendrawtransaction", 2, "maxburnamount" },
     { "testmempoolaccept", 0, "rawtxs" },
     { "testmempoolaccept", 1, "maxfeerate" },
     { "submitpackage", 0, "package" },
diff --git a/src/rpc/mempool.cpp b/src/rpc/mempool.cpp
index 44f7435a26..0e202a963d 100644
--- a/src/rpc/mempool.cpp
+++ b/src/rpc/mempool.cpp
@@ -18,6 +18,7 @@
 #include <rpc/server.h>
 #include <rpc/server_util.h>
 #include <rpc/util.h>
+#include <script/standard.h>
 #include <txmempool.h>
 #include <univalue.h>
 #include <util/moneystr.h>
@@ -44,7 +45,11 @@ static RPCHelpMan sendrawtransaction()
             {"hexstring", RPCArg::Type::STR_HEX, RPCArg::Optional::NO, "The hex string of the raw transaction"},
             {"maxfeerate", RPCArg::Type::AMOUNT, RPCArg::Default{FormatMoney(DEFAULT_MAX_RAW_TX_FEE_RATE.GetFeePerK())},
              "Reject transactions whose fee rate is higher than the specified value, expressed in " + CURRENCY_UNIT +
-                 "/kvB.\nSet to 0 to accept any fee rate.\n"},
+                 "/kvB.\nSet to 0 to accept any fee rate."},
+            {"maxburnamount", RPCArg::Type::AMOUNT, RPCArg::Default{FormatMoney(0)},
+             "Reject transactions with provably unspendable outputs (e.g. 'datacarrier' outputs that use the OP_RETURN opcode) greater than the specified value, expressed in " + CURRENCY_UNIT + ".\n"
+             "If burning funds through unspendable outputs is desired, increase this value.\n"
+             "This check is based on heuristics and does not guarantee spendability of outputs.\n"},
         },
         RPCResult{
             RPCResult::Type::STR_HEX, "", "The transaction hash in hex"
@@ -61,10 +66,19 @@ static RPCHelpMan sendrawtransaction()
                 },
         [&](const RPCHelpMan& self, const JSONRPCRequest& request) -> UniValue
         {
+            const CAmount max_burn_amount = request.params[2].isNull() ? 0 : AmountFromValue(request.params[2]);
+
             CMutableTransaction mtx;
             if (!DecodeHexTx(mtx, request.params[0].get_str())) {
                 throw JSONRPCError(RPC_DESERIALIZATION_ERROR, "TX decode failed. Make sure the tx has at least one input.");
             }
+
+            for (const auto& out : mtx.vout) {
+                if((out.scriptPubKey.IsUnspendable() || !out.scriptPubKey.HasValidOps()) && out.nValue > max_burn_amount) {
+                    throw JSONRPCTransactionError(TransactionError::MAX_BURN_EXCEEDED);
+                }
+            }
+
             CTransactionRef tx(MakeTransactionRef(std::move(mtx)));
 
             const CFeeRate max_raw_tx_fee_rate = request.params[1].isNull() ?
diff --git a/src/util/error.cpp b/src/util/error.cpp
index 193265c842..309877d067 100644
--- a/src/util/error.cpp
+++ b/src/util/error.cpp
@@ -33,6 +33,8 @@ bilingual_str TransactionErrorString(const TransactionError err)
             return Untranslated("Specified sighash value does not match value stored in PSBT");
         case TransactionError::MAX_FEE_EXCEEDED:
             return Untranslated("Fee exceeds maximum configured by user (e.g. -maxtxfee, maxfeerate)");
+        case TransactionError::MAX_BURN_EXCEEDED:
+            return Untranslated("Unspendable output exceeds maximum configured by user (maxburnamount)");
         case TransactionError::EXTERNAL_SIGNER_NOT_FOUND:
             return Untranslated("External signer not found");
         case TransactionError::EXTERNAL_SIGNER_FAILED:
diff --git a/src/util/error.h b/src/util/error.h
index 649200c98e..a52a8f47de 100644
--- a/src/util/error.h
+++ b/src/util/error.h
@@ -30,6 +30,7 @@ enum class TransactionError {
     PSBT_MISMATCH,
     SIGHASH_MISMATCH,
     MAX_FEE_EXCEEDED,
+    MAX_BURN_EXCEEDED,
     EXTERNAL_SIGNER_NOT_FOUND,
     EXTERNAL_SIGNER_FAILED,
     INVALID_PACKAGE,
diff --git a/test/functional/feature_coinstatsindex.py b/test/functional/feature_coinstatsindex.py
index eff4d9b149..4f8541a5d7 100755
--- a/test/functional/feature_coinstatsindex.py
+++ b/test/functional/feature_coinstatsindex.py
@@ -156,9 +156,10 @@ class CoinStatsIndexTest(BitcoinTestFramework):
 
         # Generate and send another tx with an OP_RETURN output (which is unspendable)
         tx2 = self.wallet.create_self_transfer(utxo_to_spend=tx1_out_21)['tx']
-        tx2.vout = [CTxOut(int(Decimal('20.99') * COIN), CScript([OP_RETURN] + [OP_FALSE] * 30))]
+        tx2_val = '20.99'
+        tx2.vout = [CTxOut(int(Decimal(tx2_val) * COIN), CScript([OP_RETURN] + [OP_FALSE] * 30))]
         tx2_hex = tx2.serialize().hex()
-        self.nodes[0].sendrawtransaction(tx2_hex)
+        self.nodes[0].sendrawtransaction(tx2_hex, 0, tx2_val)
 
         # Include both txs in a block
         self.generate(self.nodes[0], 1)
diff --git a/test/functional/rpc_rawtransaction.py b/test/functional/rpc_rawtransaction.py
index cdec4b2a85..2395935620 100755
--- a/test/functional/rpc_rawtransaction.py
+++ b/test/functional/rpc_rawtransaction.py
@@ -18,9 +18,17 @@ from itertools import product
 
 from test_framework.messages import (
     MAX_BIP125_RBF_SEQUENCE,
+    COIN,
     CTransaction,
+    CTxOut,
     tx_from_hex,
 )
+from test_framework.script import (
+    CScript,
+    OP_FALSE,
+    OP_INVALIDOPCODE,
+    OP_RETURN,
+)
 from test_framework.test_framework import BitcoinTestFramework
 from test_framework.util import (
     assert_equal,
@@ -331,6 +339,57 @@ class RawTransactionsTest(BitcoinTestFramework):
         rawtx = self.nodes[2].createrawtransaction(inputs, outputs)
         assert_raises_rpc_error(-25, "bad-txns-inputs-missingorspent", self.nodes[2].sendrawtransaction, rawtx)
 
+        self.log.info("Test sendrawtransaction exceeding, falling short of, and equaling maxburnamount")
+        max_burn_exceeded = "Unspendable output exceeds maximum configured by user (maxburnamount)"
+
+
+        # Test that spendable transaction with default maxburnamount (0) gets sent
+        tx = self.wallet.create_self_transfer()['tx']
+        tx_hex = tx.serialize().hex()
+        self.nodes[2].sendrawtransaction(hexstring=tx_hex)
+
+        # Test that datacarrier transaction with default maxburnamount (0) does not get sent
+        tx = self.wallet.create_self_transfer()['tx']
+        tx_val = 0.001
+        tx.vout = [CTxOut(int(Decimal(tx_val) * COIN), CScript([OP_RETURN] + [OP_FALSE] * 30))]
+        tx_hex = tx.serialize().hex()
+        assert_raises_rpc_error(-25, max_burn_exceeded, self.nodes[2].sendrawtransaction, tx_hex)
+
+        # Test that oversized script gets rejected by sendrawtransaction
+        tx = self.wallet.create_self_transfer()['tx']
+        tx_val = 0.001
+        tx.vout = [CTxOut(int(Decimal(tx_val) * COIN), CScript([OP_FALSE] * 10001))]
+        tx_hex = tx.serialize().hex()
+        assert_raises_rpc_error(-25, max_burn_exceeded, self.nodes[2].sendrawtransaction, tx_hex)
+
+        # Test that script containing invalid opcode gets rejected by sendrawtransaction
+        tx = self.wallet.create_self_transfer()['tx']
+        tx_val = 0.01
+        tx.vout = [CTxOut(int(Decimal(tx_val) * COIN), CScript([OP_INVALIDOPCODE]))]
+        tx_hex = tx.serialize().hex()
+        assert_raises_rpc_error(-25, max_burn_exceeded, self.nodes[2].sendrawtransaction, tx_hex)
+
+        # Test a transaction where our burn exceeds maxburnamount
+        tx = self.wallet.create_self_transfer()['tx']
+        tx_val = 0.001
+        tx.vout = [CTxOut(int(Decimal(tx_val) * COIN), CScript([OP_RETURN] + [OP_FALSE] * 30))]
+        tx_hex = tx.serialize().hex()
+        assert_raises_rpc_error(-25, max_burn_exceeded, self.nodes[2].sendrawtransaction, tx_hex, 0, 0.0009)
+
+        # Test a transaction where our burn falls short of maxburnamount
+        tx = self.wallet.create_self_transfer()['tx']
+        tx_val = 0.001
+        tx.vout = [CTxOut(int(Decimal(tx_val) * COIN), CScript([OP_RETURN] + [OP_FALSE] * 30))]
+        tx_hex = tx.serialize().hex()
+        self.nodes[2].sendrawtransaction(hexstring=tx_hex, maxfeerate='0', maxburnamount='0.0011')
+
+        # Test a transaction where our burn equals maxburnamount
+        tx = self.wallet.create_self_transfer()['tx']
+        tx_val = 0.001
+        tx.vout = [CTxOut(int(Decimal(tx_val) * COIN), CScript([OP_RETURN] + [OP_FALSE] * 30))]
+        tx_hex = tx.serialize().hex()
+        self.nodes[2].sendrawtransaction(hexstring=tx_hex, maxfeerate='0', maxburnamount='0.001')
+
     def sendrawtransaction_testmempoolaccept_tests(self):
         self.log.info("Test sendrawtransaction/testmempoolaccept with maxfeerate")
         fee_exceeds_max = "Fee exceeds maximum configured by user (e.g. -maxtxfee, maxfeerate)"