If you are a git user, you can install the theme and keep up to date by cloning the repo:
$ git clone https://github.com/dracula/iterm.git
Download using the GitHub .zip download option and unzip them.
- iTerm2 > Preferences > Profiles > Colors Tab
- Open the Color Presets... drop-down in the bottom right corner
- Select Import... from the list
- Select the
Dracula.itermcolors
file - Select the Dracula from Color Presets...