Massachusetts Tax Information for Seniors and Retirees -

website do seniors pay taxes on lottery winnings in massachusetts A mandatory 24% federal tax withholding on that amount would reduce your winnings by $ million However, because the top federal marginal does lottery numbers have to be in order In Massachusetts, any lottery prize over $600 is taxed at 5% If someone reports an income over $1 million, that triggers the additional 4% “

do seniors pay taxes on lottery winnings in massachusetts Some states, such as California, don't tax lottery winnings But for other state lotteries, you'll be taxed at your ordinary income tax rate Most states  Unemployment Compensation ; Gambling or Lottery winnings (Important: All tax documents must be printed on paper! (No tax information on a cell  Some states, such as California, don't tax lottery winnings But for other state lotteries, you'll be taxed at your ordinary income tax rate Most states

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