Projected marijuana tax revenues* |
State |
Tax Revenue (in millions) |
California |
105.4 |
New York |
65.5 |
Florida |
48.2 |
Texas |
46.6 |
Ohio |
34.8 |
Michigan |
32.4 |
Illinois |
31.6 |
Pennsylvania |
30.5 |
Washington |
22.0 |
Virginia |
20.9 |
North Carolina |
20.6 |
Georgia |
19.3 |
New Jersey |
19.3 |
Massachusetts |
18.4 |
Indiana |
17.8 |
Colorado |
17.6 |
Missouri |
15.6 |
Minnesota |
14.3 |
Oregon |
14.1 |
Maryland |
13.9 |
Wisconsin |
13.4 |
Arizona |
13.0 |
Louisiana |
13.0 |
Tennessee |
12.2 |
Kentucky |
10.2 |
Connecticut |
9.8 |
South Carolina |
9.1 |
Alabama |
8.9 |
Oklahoma |
8.3 |
Nevada |
7.9 |
Arkansas |
6.7 |
Kansas |
6.6 |
Mississippi |
6.6 |
Iowa |
6.2 |
New Hampshire |
5.6 |
Nebraska |
5.0 |
New Mexico |
4.9 |
Utah |
4.7 |
Rhode Island |
4.6 |
Maine |
4.1 |
West Virginia |
4.1 |
Hawaii |
4.0 |
Montana |
3.6 |
Idaho |
3.3 |
Alaska |
2.8 |
District of Columbia |
2.8 |
Vermont |
2.8 |
Delaware |
2.4 |
South Dakota |
2.0 |
North Dakota |
1.6 |
Wyoming |
1.2 |
* Revenues based on state-by-state marijuana consumption, assuming pot were legalized. Source: Prof. Jeffrey Miron, "Budgetary Implications of Marijuana Prohibitions," June 2005. |
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