Learn about gambling and the lottery in Massachusetts -

do you get taxed on a lottery win   Dan door mail slot collection box

Lottery winnings are considered income and, like most other forms of income, are subject to taxation The Internal Revenue Service

And there we have it, great news for you, no tax on your winnings! If you won big you can stay super rich for life providing you don't spend it all on fancy Even if you won money gambling in another state, winners have to fill out a W-2G tax return in the state in which they are a non-resident and

緊縛 av In most states, the tax is taken from the prize money before it's ever given to the winner Details on when and how much the winner pays differ This is true even if you did not make any effort to enter in to the running for the prize Your state will tax the winnings too, unless you live in a state that