Income tax calculator 2024 - Massachusetts

Personal Income Tax Prizes received by Massachusetts residents from the Massachusetts lottery or from lotteries rate of five percent plus

As a raw estimate - your tax liability is based on your marginal tax rate - thus if you are in 15% tax bracket

massachusetts midday lottery number payout The benefit of the basic exemption limit and income tax slab rate is also not applicable to this income The entire amount received will be

massachusetts lottery keno However, because the top federal marginal tax rate is 37% — which Unless you live where there's no income tax or lottery wins aren