Learn about gambling and the lottery in Massachusetts -

does lottery winnings get taxed
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There's no tax to pay when you win the lottery! Result! However, you might have to start paying tax when your winnings start making you money

US lottery taxes differ from other countries because winnings are considered taxable income for both federal and possibly state taxes The federal government

does a flush beat a full house in poker HM Revenue & Customs doesn't regard lottery winnings as income, so all prizes are tax-free

does canada have a visa lottery Your winnings are considered taxable and are added to your ordinary income when taxes are calculated If your earnings are big enough, they can