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Friday, November 22, 2024

New Mexico ranks 25th in the U.S. for the most pari-mutuels sales tax paid in 2022

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In 2022, New Mexico collected $1,184,000 in pari-mutuels sales tax, ranking it 25th in the United States, according to the U.S. Census Bureau's Annual Survey of State Government Tax Collections (STC).

The STC survey includes five broad tax categories and up to 25 subcategories. Data is gathered from all 50 state governments and all dependent state-level entities.

The Census Bureau cautions it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Below is a breakdown of how taxes were classified by the bureau and how much was collected.

U.S. pari-mutuels sales tax by State in 2022
RankStateAmount
1Kentucky$47,733,000
2California$18,244,000
3New York$13,899,000
4Florida$12,311,000
5Wyoming$9,436,000
6Pennsylvania$8,690,000
7Illinois$7,668,000
8Louisiana$5,727,000
9Connecticut$5,708,000
10Alabama$5,221,000
11Texas$5,059,000
12Ohio$3,987,000
13Iowa$3,947,000
14Oregon$3,156,000
15West Virginia$2,937,000
16Michigan$2,924,000
17Maine$1,911,000
18Minnesota$1,906,000
19Arkansas$1,858,000
20Indiana$1,696,000
21North Dakota$1,579,000
22Virginia$1,543,000
23Idaho$1,447,000
24Washington$1,285,000
25New Mexico$1,184,000
26Maryland$1,124,000
27Oklahoma$1,105,000
28Massachusetts$1,080,000
29Rhode Island$515,000
30New Hampshire$497,000
31Colorado$373,000
32Arizona$186,000
33Mississippi$184,000
34Nebraska$175,000
35Montana$169,000
36South Dakota$113,000
37Delaware$62,000
38Nevada$3,000
Source: U.S. Census Bureau

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