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. In the 2016 year itself, Massachusetts lottery returned more than 980 million to the 351 cities and towns of the commonwealth. In 2014, MA lottery reported the profit of 971 million. 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? Mass lottery profits are distributed to the commonwealth as per local aid formula established by the state legislature. 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. 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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