title: Iowa — Tax: What is the tax take? | advennt.io canonical: https://advennt.io/jurisdictions/iowa/taxes/ [Jurisdictions](https://advennt.io/jurisdictions/) [Iowa](https://advennt.io/jurisdictions/iowa/) Tax Iowa · Question 05 of 11 # Tax: What is the tax take? Favourable · Probable · AI-generated · [Back to full Iowa report →](https://advennt.io/jurisdictions/iowa/) Key section parameters | Jurisdiction | Iowa (US-IA) | |---|---| | Regulator | Recorded in register | | Favourability | Favourable | | Confidence | Probable | | Review status | AI-generated | | Last collected | 18 Oct 2026 | Summary answer Sports wagering is taxed at 6.75% of adjusted gross receipts, among the lowest sports-wagering tax rates in the United States. ## Full section analysis Sports wagering is taxed at 6.75% of adjusted gross receipts, among the lowest sports-wagering tax rates in the United States.