Colorado placed 19th in U.S. ranking for sports betting taxes collected in 2023

Jared Polis, Governor of Colorado
Jared Polis, Governor of Colorado - Governor Jared Polis
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In 2023, Colorado collected $25 million in sports betting taxes, placing it 19th among all U.S. states, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

For comparison, New York topped the national rankings in 2023, collecting $756.9 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.

U.S. Sports Betting Taxes by State in 2023
Rank State Amount
1 New York $756,918,000
2 Pennsylvania $175,327,000
3 Illinois $138,914,000
4 New Jersey $105,401,000
5 Tennessee $83,303,000
6 Virginia $71,552,000
7 Ohio $70,585,000
8 Montana $59,358,000
9 Kentucky $56,061,000
10 Indiana $40,473,000
11 Nevada $39,994,000
12 Massachusetts $39,350,000
13 Louisiana $38,873,000
14 New Hampshire $36,861,000
15 Arizona $34,366,000
16 Maryland $32,598,000
17 Oregon $32,258,000
18 Rhode Island $26,983,000
19 Colorado $25,014,000
20 California $19,419,000
21 Connecticut $18,808,000
22 Iowa $17,038,000
23 Michigan $16,588,000
24 Wyoming $13,670,000
25 Delaware $13,431,000
26 Florida $10,800,000
27 Alabama $8,258,000
28 West Virginia $6,946,000
29 Arkansas $6,314,000
30 Kansas $5,825,000
31 Texas $4,900,000
32 Mississippi $3,323,000
33 Minnesota $1,516,000
34 North Dakota $1,470,000
35 Idaho $1,317,000
36 Maine $1,301,000
37 Oklahoma $1,149,000
38 Washington $1,097,000
39 New Mexico $952,000
40 South Dakota $219,000
41 Nebraska $151,000

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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