![]() ![]() No, although the state allows for winnings to be put into a trust and a representative of the trust is able to collect the money, thus allowing for some anonymity.Ĭan I buy a Massachusetts Lottery ticket online?Īt this time, MA Lottery tickets must be purchased at an authorized retailer. For prizes of $5,000 or more, the Federal tax withholding rate is 24% and 5% is withheld for state taxes.Ĭan I remain anonymous if I win the lottery in Massachusetts? ![]() In the fiscal year that ended June 30, the Massachusetts Lottery brought in more. How much will I pay in taxes if I win the MA lottery?įor prizes of more than $600, 5% is withheld for state taxes. Lottery brought in a record profit this fiscal year of nearly 1.2 billion. Prizes greater than $100,000 need to be claimed at Lottery Headquarters in Dorchester and will take longer to process, around two to three business days. Prizes up to $100,000 can be collected in person at any authorized lottery office. How long does it take to receive MA Lottery winnings? You can find the latest MA Lottery jackpot amounts for all of your favorite games here on the Massachusetts Lottery Jackpots page. ![]()
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