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massachusetts lottery tax
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Massachusetts State Lottery Commission Charitable Gaming Division Box 859012 Braintree, Massachusetts 02185-9012 TEL 849-5555 FAX: 849-5546

Massachusetts is the state that returns the highest percentage of every bet, at 73% According to the Tax Foundation, “state lotteries pay out Lottery winnings are considered taxable income Besides the upfront withholding, your total federal tax rate could be higher—up to 37% If you

pg slot number 1 direct website Yes, lottery winnings are taxable at both the federal and state level Any organizations conducting a raffle or bazaar MUST FILE a return and PAY a tax of FIVE PER CENT of the GROSS PROCEEDS within TEN DAYS after each raffle or