Tax-free New Hampshire attempts to lure Massachusetts lottery

Lottery Tax Rates Vary Greatly By State massachusetts lottery tax In Massachusetts, any lottery prize over $600 is taxed at 5% If someone reports an income over $1 million, that triggers the additional 4% “ massachusetts winning lottery numbers In Massachusetts, any lottery prize over $600 is taxed at 5% If someone reports an income over $1 million, that triggers the additional 4% “

massachusetts lottery anonymous Lottery winnings are not taxed twice Under both the federal and state tax system, they are considered ordinary taxable income You pay tax on your winnings