Allocosa Banks, 1904, with type-species Lycosa funerea Hentz, 1844, is diagnosed on the presence of apomorphic characters in the external genitalia, and is hypothesized to represent the sister-group of the remaining North American lycosine genera. Eighteen species are found in North and Central America, namely, A. funerea (Hentz), A. mulaiki (Gertsch), comb, n., A. sublata (Montgomery), A. chamberlini (Gertsch), A. pylora Chamberlin, A. furtiva (Gertsch), comb, n., A. absoluta (Gertsch), comb, n., A. floridiana (Chamberlin), A. apora (Gertsch), A. noctuabunda (Montgomery), A. panamena Chamberlin, A. chamberlini (Gertsch), A. mokiensis (Gertsch), A. subparva sp. n., A. parva (Banks), A. veracruzana (Gertsch and Davis), A. utahana sp. n., and A. mexicana (Banks), comb. n.