They have a national problem gambling helpline, and moderated support forums and groups. Sportsbooks in Iowa are required to issue W2-G forms for winnings of over 1,200, while taxes are withheld at a rate of 5 for Iowa residents, and 0.

The federal tax rate related to sports betting winnings is 24, plus Iowa imposes a state tax rate of 6.75 on winnings.

: the NCPG develops policy and programs to combat and treat compulsive gambling. Paying Tax on Sports Betting Winnings in Iowa. : An integrated provider network, that offers problem gambling prevention and education services which reaches all 99 counties in Iowa. The Iowa Racing and Gaming Commission oversees the regulation of casinos and gambling activities in Iowa. Kim Reynolds signed a bill in 2019 legalizing sports betting in the state. have legalized some form of sports betting. Bettors can complete their short survey to see if they are at risk and/or call 1-800-Gambler 24/7 if you need immediate help. The ruling allowed states to legalize and regulate sports betting, and now over 34 states and Washington D.C.

: A private, nonprofit group which works to educate and assist compulsive gamblers. Gamblers Anonymous: A listing of dozens of GA meetings in the Iowa area. Several other measures have been put in place to ensure that people enjoy Iowa sports betting responsibly.Īll sports books offer way in which bettors can limit their play, including:įurthermore, there is also a broad selection of services and local organizations available for those struggling with gambling addiction, including: It’s no surprise, given how recently sports betting was officially frowned on in Iowa, that responsible gaming and gambling is a subject taken very seriously in the state.Īll Iowa online sports betting sites carry a “responsible gambling” badge on every page.

Iowa legalize sports gambling betting