{"data":{"id":"us-ia/iowa-code-99b.8","jurisdiction":"us-ia","citation":"Iowa Code § 99B.8","heading":"Tax on prizes.","body":"All prizes awarded pursuant to a gambling activity under this chapter are Iowa earned income and are subject to state and federal income tax laws. A person conducting a game of skill, game of chance, bingo, or a raffle shall deduct state income taxes, pursuant to section 422.16, subsection 2, from a cash prize awarded to an individual. An amount deducted from the prize for payment of a state tax shall be remitted to the department of revenue on behalf of the prize winner.","path":["Title III - PUBLIC SERVICES AND REGULATION (Ch. 80 - 122C)","Chapter 99B - SOCIAL AND CHARITABLE GAMBLING","Subchapter I - GENERAL PROVISIONS"],"source_url":"https://www.legis.iowa.gov/docs/code/2026/99B.8.pdf","current_through":"Iowa Code 2026 edition","vintage":"","retrieved_at":"2026-09-14T19:40:02Z","sha256":"f95e65d09f1a85aa2167e900aaa8cd22495961e18abc217a5f8725de117da66e","source_id":"us-ia","stale":false,"prev":"us-ia/iowa-code-99b.7","next":"us-ia/iowa-code-99b.9"},"notice":"GroundRules: Original legal text. Not legal advice."}