Iowa caucuses 2024: Trump projected to win, DeSantis 2nd

Haley finishes 3rd, Ramaswamy drops out after finishing 4th.

By538 and ABC News via five thirty eight logo
Last Updated: January 15, 2024, 5:15 PM EST

The first election of the 2024 presidential primaries is in the books, and former President Donald Trump was the big winner. ABC News projects that Trump finished first in the Iowa caucuses, about 30 percentage points ahead of second-place finisher Florida Gov. Ron DeSantis. Former U.N. Ambassador Nikki Haley is projected to finish third, while businessman Vivek Ramaswamy is projected to finish fourth. As a result, Ramaswamy has dropped out of the presidential race.

Throughout the night, 538 reporters broke down the results in Iowa in real time with live updates, analysis and commentary. Read our full live blog below.

Latest headlines:

Here's how the news is developing. All times Eastern.
Jacob Rubashkin Image
Jan 15, 2024, 10:22 PM EST

Binkley’s millions

Nathaniel, Binkley spent good money for his 1 percent! Just over $3 million, according to AdImpact. I’m not sure what the cost per vote record is in Iowa, but I think he’s probably a contender. Maybe if he had spent $300 million he would have won in a landslide …
—Jacob Rubashkin, Inside Elections

Nathaniel Rakich Image
Jan 15, 2024, 10:17 PM EST

Who the heck is Ryan Binkley?

After Trump, DeSantis, Haley and Ramaswamy, the current fifth-place candidate in Iowa is not Asa Hutchinson, the former governor of the great state of Arkansas, but businessman and pastor Ryan Binkley, whom we at 538 don’t consider a major candidate. I actually interviewed Binkley last year as part of a video on what keeps long- or no-shot presidential candidates going.

—Nathaniel Rakich, 538

Jacob Rubashkin Image
Jan 15, 2024, 10:15 PM EST

What DeSantis-world is saying

The DeSantis campaign is already zeroing in on early calls from all of the TV networks and the AP to blame for their candidate’s performance, calling it “election interference” because parts of the state hadn’t even begun caucusing when the calls came in. We know Republican voters are deeply skeptical of the mainstream media, but DeSantis’s argument that the media is “in the tank” for Trump might be a stretch for Republicans who have spent the last eight years believing the media was out to get Trump.
—Jacob Rubashkin, Inside Elections

Julia Azari Image
Jan 15, 2024, 10:09 PM EST

Answering my own question

One thing that seems tricky right now — maybe not trickier than it has been for the whole primary contest — is that the main reason to have a Trump alternative is for a scenario in which he physically can't campaign because he's in court so much, he actually gets convicted before the RNC (unlikely, but I guess not impossible) or some other major contingency like that. Then, you'll want a Trump substitute. But Haley, for example, has been running as a Trump alternative. Nothing in the process is really conducive to such a fine distinction, even if it were clear that a critical mass of Republicans were invested in either a substitute or an alternative.
—Julia Azari, 538 contributor