Iowa Administrative Code Title 701 — Department of Revenue

Iowa Admin. Code r. 701—302.24(99E) — Lottery prizes

Prizes awarded under the Iowa Lottery Act are Iowa earned income. Therefore, individuals who win lottery prizes are subject to Iowa income tax in the aggregate amount of prizes received in the tax year, even if the individuals were not residents of Iowa at the time they received the prizes.

Last amended: This rule is intended to implement Iowa Code section 99E.19. [Editorial change: IAC Supplement 11/2/22] 701—302.25 and 302.26 Reserved.

Source: official text