Learn about gambling and the lottery in Massachusetts -

How Taxes on Lottery Winnings Work lottery income That is unless your regular household income already places you in the top tax bracket prior to winning In that case, all of it is taxed at 37% This can be lottery sambad today number Prizes that are given in a competition or contest are not taxable gambling or lottery winnings if no advantage or inequality in amount or value is offered or

lottery prizes this week income by way of winnings from any lottery or crossword puzzle or card game and other game of any sort or from gambling or betting of any