One family scammed the lottery for $20 million Then their luck ran out

massachusetts lottery tax
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A 24% federal withholding would be just the start of the winner's tax bill

Lottery winnings are considered taxable income for both federal and state taxes · Federal tax rates vary based on your tax bracket, with rates up to 37%

massachusetts lottery winners How do I calculate lottery lump sum after taxes? · Check how much the lump sum payout differs from the advertised lottery prize

massachusetts lottery mass cash taxes , lottery operations and state investments Purchasing Department