LotteryIowa Lottery Results, Rules & Tax Rate
Iowa participates in Powerball, Mega Millions and other multi-state draw games. Here's the latest results plus what Iowa winners owe in state tax.
Lottery tickets are sold in Iowa
Iowa withholds state tax on lottery winnings.
Applies on top of mandatory 24% federal withholding for prizes over $5,000 — and most states, Iowa included, apply their own state withholding starting at that same $5,000 threshold rather than a different state-specific number. Use our tax calculator to estimate a specific jackpot.
Ranks #17 of 46 lottery states, highest to lowest. See the full ranking.
21
Iowa sets its lottery purchase age at 21, aligned with its legal drinking age — higher than the 18-year minimum most states use. This applies to purchase; some states also require the same minimum age to claim a prize.
Latest Results Available to Iowa Players
Powerball
America's biggest multi-state jackpot game, drawn every Monday, Wednesday and Saturday.
Tuesday, FridayMega Millions
A multi-state jackpot game drawn every Tuesday and Friday, known for some of the largest jackpots in U.S. history.
dailyMillionaire for Life
A daily multi-state game with a top prize of $1 million a year for life, drawn every night. Launched February 22, 2026 as the replacement for Cash4Life and Lucky for Life.
Iowa Lottery Tax FAQ
Does Iowa tax lottery winnings?
Iowa withholds state tax on lottery winnings.
Where do I claim a prize in Iowa?
Prizes are claimed through the official state lottery commission for the state where the ticket was purchased, not where the winner lives. Always check your specific state lottery's claim procedures and deadlines, which vary from 90 days to one year.
Can I stay anonymous if I win in Iowa?
This varies significantly by state and changes as legislatures pass new bills. See can you stay anonymous after winning the lottery for how the rules generally break down, then verify directly with Iowa's lottery commission before you'd ever need it for real.
Purchasing age and tax rate on this page last verified July 18, 2026. See our data sources for how we verify state-level rules and how to report an error.