Learn about gambling and the lottery in Massachusetts -

if u win the lottery how much is taxed
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Rules for Income Tax on Lottery Winnings or Game Show Income · In the case of winnings from horse races, income is taxable at % without any

Note Income earned on any of the above amounts is taxable

if i win the lottery where do i put the money For example, if a person purchases ten Connecticut Lottery tickets at $1 apiece for the same drawing and one of the tickets wins $5,500, the amount of the

if you find a lottery ticket is it yours How much will the lottery winner pay in taxes? The IRS views lottery winnings as ordinary income The top tax bracket for the highest earners