Special Report

Potential Marijuana Tax Revenue in Every State

Honolulu County, Hawaii
Source: Thinkstock

11. Hawaii
> Potential pot tax revenue: $39 million
> Total state tax revenue: $6.03 billion (14th lowest)
> Marijuana use rate: 7.9% of adults (21st highest)
> Likelihood of legalizing: Medium

Boise, Idaho capital building
Source: Thinkstock

12. Idaho
> Potential pot tax revenue: $46 million
> Total state tax revenue: $3.67 billion (9th lowest)
> Marijuana use rate: 6.3% of adults (14th lowest)
> Likelihood of legalizing: Low

Chicago, Illinois 4
Source: Thinkstock

13. Illinois
> Potential pot tax revenue: $354 million
> Total state tax revenue: $39.18 billion (4th highest)
> Marijuana use rate: 7.7% of adults (23rd highest)
> Likelihood of legalizing: High

Indianapolis at sunrise
Source: Thinkstock

14. Indiana
> Potential pot tax revenue: $182 million
> Total state tax revenue: $16.85 billion (17th highest)
> Marijuana use rate: 7.6% of adults (24th highest)
> Likelihood of legalizing: Low

Des Moines, Iowa
Source: Thinkstock

15. Iowa
> Potential pot tax revenue: $86 million
> Total state tax revenue: $8.27 billion (20th lowest)
> Marijuana use rate: 5.0% of adults (2nd lowest)
> Likelihood of legalizing: Medium

Sponsored: Tips for Investing

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.