Lottery Tax Calculator: How It Works, What You Owe

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Prizes of $601 up to and including $103,000 can be claimed at any Lottery office Prizes over $103,000 must be claimed at Lottery Headquarters in Dorchester

The Lottery says, If your lottery prize is greater than $5,000, 24 percent of your prize will be automatically withheld and sent directly to

mass lottery lucky for life winning numbers Massachusetts allows lottery winners to claim their winnings in the name of a trust Because the trustee of a trust is the legal titleholder to property in the

massachusetts lottery the numbers game Net lottery winnings are considered ordinary taxable income by the Internal Revenue Service So, after subtracting the ticket's $10 cost,