|Born||April 18, 1940|
|Listed height||6 ft 7 in (2.01 m)|
|Listed weight||209 lb (95 kg)|
|NBA draft||1962 / Undrafted|
Jaak Lipso (born April 18, 1940) is a retired Estonian professional basketball player, who competed for the Soviet Union. He is the only Estonian basketball player who has won two medals at the Olympic Games. Lipso has also won two medals at the FIBA World Championship and he is a three-time Eurobasket champion with the Soviet Union national basketball team. He was a member of the Soviet Union national team from 1961 to 1970. After his active career Lipso became a basketball coach.
Lipso's career started at the age of 16 in 1956 when he joined TRÜ basketball team (now Tartu Ülikool/Rock). He played there for four seasons winning two Soviet Estonian titles (1958, 1959). After that he played a season in ASK Riga in Soviet Latvia before moving to European powerhouse CSKA Moscow. He spent the next eight years in the team winning two Euroleague titles (1963, 1969) and six USSR League championship titles (1962–1966, 1969). Lipso then moved to Tallinna Kalev for two years and then to Harju KEK winning two more Soviet Estonian titles (1974, 1979).
- Euroleague Championship: 1963, 1969
- Soviet Union League Championship: 1962, 1963, 1964, 1965, 1966, 1969
- Estonian SSR Championship: 1958, 1959, 1971, 1974, 1979
- Lääne, Tiit (2006). Eesti olümpiamedalivõitjad 1912–2006. Eesti Olümpiakomitee. pp. 132–133. ISBN 9949-427-25-8.
- Lään, Vello; Ibrus, Märt (2006). Eesti korvpall portreed. Eesti Korvpalliliit. pp. 143–158. ISBN 9949-406-68-4.