The 2023–24 Israeli Basketball State Cup, for sponsorships reasons the Migdal State Cup, was the 64th edition of the Israeli Basketball State Cup, organized by the Israeli Basketball Association.

On 21 February 2024, the Israeli Basketball Association announced the new format following the impact of the Israel–Hamas war on the 2023–24 Premier League regular season.

The top three teams at the end of the Primer League first half of the regular season qualify for the quarter-finals, and the remaining teams (4–13) qualify for the first round.

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