A dripless hose bib for connection to a pressurized water source pipe. The dripless hose bib has a valve body having an inlet port, an outlet port and a fluid passageway connected between them. The front end of the valve body has an external garden hose thread. A ball valve is positioned in the fluid passageway. An aperture in the top surface of the valve body communicates with the ball valve. A vertically oriented valve stem has its bottom end detachably connected to the ball valve and its top end is connected to a transversely extending lever handle. A valve body plug is screwed into the rear end of the valve body and it in turn has a threaded bore in its rear end that threads onto the pressurized water source pipe.