Tax Information for Seniors -

In Massachusetts, any lottery prize over $600 is taxed at 5% If someone reports an income over $1 million, that triggers the additional 4% “

The IRS considers lottery winnings to be taxable income For tax purposes, the IRS views your payout similarly to wages earned from your job As

dogs playing poker Some states, such as California, don't tax lottery winnings But for other state lotteries, you'll be taxed at your ordinary income tax rate Most states

dominica national lottery File Form 1040 or 1040-SR by April 15, 2024 If you live in Maine or Massachusetts, you have until April 17, 2024, because of the Patriots' Day and Emancipation