The Timberwolves have lost seven in a row, their longest skid of the year.
Iverson made 11 of 20 shots from the field and scored 33 points, while Anthony had 26, giving the Nuggets their fifth win in six games. Anthony Carter added 16 points and 11 assists.
Minnesota closed within six points with 1:43 to play on a three-pointer by Antoine Walker, but Iverson touched off an 8-3 run with a lay-up.
Puzzle-maker slips 'Murdoch Is Evil' into Rupert Murdoch's Sunday Telegraph
India Supreme Court upholds old law that gay sex is criminal offense