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IOWA CITY, Iowa (AP) -- For an Iowa team coming off a pair of bad losses, the 3-pointer that Wisconsin guard Jordan Taylor buried to force overtime could have buried them.

Instead, the Hawkeyes regained their composure and responded with a win they desperately needed.

Jeff Peterson and Devan Bawinkel hit back-to-back 3s late in overtime and Iowa beat Wisconsin 73-69 in OT Wednesday night to snap a three-game losing streak and defeat Wisconsin for just the second time in 12 tries.

Forward David Palmer had a career-high 21 points in just his second career start for Iowa (12-7, 2-4 Big Ten), which had lost at Michigan and Purdue by an average of 18.5 points.

"It feels as great as it looks," Palmer said.

Iowa -- which hit 26 free throws to just eight for the Badgers -- appeared to have the win sewn up in regulation, before Taylor stunned both the crowd and the Hawkeyes by burying a 25-footer to send the game into overtime.

Iowa answered with a pair a huge 3s of their own.

Peterson, who scored 16 points and added seven assists, put the Hawkeyes ahead 67-62 with a 3 with 1:42 left in overtime. Bawinkel followed with his only basket of the night to give Iowa a 70-64 lead.

Taylor answered with a quick 3 to pull the Badgers within 70-67 with 42 seconds left in OT, but that's when the Badgers luck ran out.

Taylor and Jason Bohannon missed back-to-back 3s and Matt Gatens hit two free throws that put Iowa ahead 73-67 with seven seconds left.

"You can be deflated, but our guys didn't respond that way," Lickliter said. "We played closer tonight to the way we need to be playing in the future."

Marcus Landry had 13 points to lead five players in double figures Wisconsin (12-6, 3-3), which lost its second straight game in overtime and third overall.

The Badgers seemed poised to pull away late in regulation, before a technical foul swung momentum in Iowa's favor.

Wisconsin was ahead 49-47 with 2:56 left when Taylor broke free for a layup off a steal. Iowa's Aaron Fuller caught him from behind, blocking the ball and sending Taylor crashing the floor.

No foul was called on Fuller, but the referees gave the Wisconsin bench a technical foul for protesting the play. Peterson then hit four straight free throws -- two on the technical and two on Iowa's next possession -- to put Iowa (12-7, 2-4 Big Ten) ahead 51-49.

"I didn't jump up. I didn't get out of the box. I didn't do anything. I just signaled to my coaches and pointed back saying 'Can you believe he wasn't fouled," Wisconsin coach Bo Ryan said of the technical foul. "I'll go to bat for a player in that situation anytime."

Wisconsin went on a 9-0 run early in the second half to take its biggest lead to that point, 35-28, but Iowa then rallied to tie the game at 37-all with 7:41 left.

Landry hit a pair of 3s to push the Badgers ahead 45-42, but Palmer tied the game at 47 on a 3 with 3:59 left. Iowa jumped ahead by as much as 58-53 with 26 seconds left in regulation, but the Hawkeyes left the door open for the Badgers by missing two of four free throws.

Landry's putback brought Wisconsin within 59-57 with 10 seconds left in regulation and Peterson missed one of two free throws to set up Taylor's game-tying 3.

"What a great job our guys did at least getting looks, at least getting shots at crunch time," Ryan said.

Though Palmer didn't score in the extra frame, his play over the past week has been nothing short of remarkable.

Palmer spent most of the season buried on the bench, but an ankle injury to starter Cyrus Tate opened up an opportunity to play. He responded with 19 points in the loss to Purdue, and he went 8-of-12 from the field and added seven rebounds against the Badgers.

Palmer had scored exactly 17 points in Iowa's first 17 games -- a total he's now passed twice in a row.

"We just came out in the overtime period and, the shot kind of took the wind out of our bodies," Palmer said of Taylor's 3 to force overtime. "But we got it back, calmed down, stayed composed and just kept playing hard."

(Copyright 2009 by The Associated Press. All Rights Reserved.)