Sports wagering is taxed at 6.75% of adjusted gross receipts, among the lowest sports-wagering tax rates in the United States.
Jurisdictions › Iowa › Tax
Iowa · Question 05 of 11
Tax: What is the tax take?
Favourable · Probable · AI-generated · Back to full Iowa report →
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.