Colorado placed 18th in U.S. ranking for sports betting taxes collected in 2024

Lt. Governor Dianne Primavera
Lt. Governor Dianne Primavera
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In 2024, Colorado collected $30.2 million in sports betting taxes, placing it 18th among all U.S. states, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

This marked a 20.7% increase from the $25 million generated in the previous year.

For comparison, New York topped the national rankings in 2024, collecting $912.9 million in sports betting taxes.

The State Government Tax Collections (STC) survey tracks five major tax categories and up to 25 subcategories, gathering data from all 50 state governments and their dependent agencies.

The Census Bureau notes that it defines tax classifications consistently across states, which may differ from how individual states categorize them.

All figures in this article reflect taxes collected by state governments only, based on the STC. They do not include local taxes, such as most property taxes, which make up a significant portion of overall taxes paid by residents.

According to the U.S. Census Bureau, state and local governments collect a wide range of taxes to fund public programs and services. These revenues are typically allocated to areas such as transportation, education, and public safety. In 2024, state tax collections alone amounted to nearly $1.5 trillion nationwide, representing a significant part of overall government operations.

The amount each state collects depends on its tax rates, bases, and policy priorities. In 2023, North Dakota topped the list with the largest state tax collection per capita at $7,715.71, followed by Hawaii ($7,098.72) and Vermont ($6,948.15), according to the U.S. Census Bureau.

U.S. Sports Betting Taxes by State in 2024
Rank State Amount
1 New York $912,874,000
2 Pennsylvania $187,851,000
3 Illinois $178,026,000
4 Ohio $143,850,000
5 New Jersey $133,573,000
6 Massachusetts $121,310,000
7 Maryland $117,336,000
8 Tennessee $87,569,000
9 Virginia $83,157,000
10 Nevada $68,611,000
11 Kentucky $65,587,000
12 Montana $63,822,000
13 Louisiana $56,873,000
14 Indiana $43,488,000
15 Arizona $40,671,000
16 Oregon $39,530,000
17 New Hampshire $33,655,000
18 Colorado $30,198,000
19 Connecticut $23,100,000
20 California $21,385,000
21 Rhode Island $20,566,000
22 Michigan $19,575,000
23 Iowa $18,334,000
24 Wyoming $17,188,000
25 Florida $12,165,000
26 Kansas $11,593,000
27 Alabama $11,267,000
28 Delaware $8,849,000
29 Arkansas $7,840,000
30 West Virginia $4,486,000
31 Mississippi $4,411,000
32 Texas $4,203,000
33 Vermont $3,234,000
34 Maine $3,176,000
35 Idaho $1,472,000
36 North Dakota $1,467,000
37 Minnesota $1,381,000
38 New Mexico $1,287,000
39 Washington $1,078,000
40 Oklahoma $1,049,000
41 South Dakota $177,000
42 Nebraska $103,000

Information in this story was obtained from the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC). The source data can be found here.



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