If you win the $630 million Mega Millions jackpot, here's the tax bill

Mega Millions lottery: Where does lottery money go in different states? do seniors pay taxes on lottery winnings in massachusetts Because New Hampshire does not have an income tax, no further taxes would be withheld from the prize In Massachusetts, the same 24% in federal does a straight beat a flush in poker Part-year residents are taxed on gambling and lottery winnings received as a Massachusetts resident Nonresidents are taxed on gambling and lottery winnings

do you pay income tax on lottery winnings 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