Who won the lottery in Massachusetts?
Mavis Wanczyk said she picked her lucky numbers based on relatives’ birthdays.
Can lottery winners remain anonymous in Massachusetts?
Massachusetts does not allow lottery winners to remain anonymous , but the winnings can be put in a trust and a representative of that trust is allowed to collect the money, a lottery spokesperson said. Both winners have one year to claim their prize. A player in Indiana also won the $435.3 million jackpot Wednesday.
Which state was the winning Powerball ticket sold in?
New York state
How much tax do you pay on lottery winnings in Massachusetts?
The Massachusetts tax on lottery winnings is 5 percent, the lowest rate of New England states that withhold. If the lucky Massachusetts resident were to take the lump sum of $930 million , the federal government would take $232,500,000 .
At what age do you stop paying taxes on lottery winnings?
You may or may not be free from paying income tax after age 70, depending on your circumstances. Income tax requirements are based on the nature and amount of your income, not your age .
What’s the best scratch ticket to buy in mass?
Top 10 MASS Lottery Scratch Offs
|Rank||Game Name||Overall Odds|
|1||Diamond Millions||1 in 2.77|
|2||Fastest Road to $1 Millions||1 in 2.77|
|3||200X||1 in 2.78|
|4||Ultimate Millions||1 in 2.79|
Do seniors pay taxes on lottery winnings in Massachusetts?
There’s no exemption from taxation on gambling winnings for senior citizens . If their other income is low, and the prize is low, there may be no tax on the gambling winnings .
What state has the most Powerball winners?
With 39 winners, Indiana represents over 10% of all jackpot winners in this game. Missouri is second with 31 winners, followed by Minnesota at 22.
Are lottery winnings taxed twice?
And in all likelihood, at least one state is going to win big twice . That’s because lottery winnings are generally taxed as ordinary income at the federal and state levels (and, where applicable, locally). In fact, most states (and the federal government) automatically withhold taxes on lottery winnings over $5,000.
Where was the winning ticket sold for the largest Powerball jackpot in history?
Who won the most recent Powerball?
Powerball is played each Wednesday and Saturday night. LANSING, MI – A day after someone won the Mega Millions jackpot, a lucky player from New York was the lone winner of the $94 million Powerball jackpot for the drawing held on Wednesday, Sept. 16.
What State won the Mega Ball?
The largest jackpot (in which the jackpot was won ) in Mega Millions history was $1.537 billion, for the October 23, 2018 drawing, in which there was one winning jackpot ticket, sold in South Carolina. The winner anonymously claimed the prize in March 2019.
How much do you take home if you win a million dollars?
If you take your money in a lump sum, you’ll receive a single payment of $620,000 —this is equal to the present cash value of the 30-year annuity. However, after taxes, you’ll be left with only about $375,000 . In fact, it’s about one-third of the promised million dollars.
Can I give someone a million dollars tax free?
Gift and Estate Taxes That means that in 2019 you can bequeath up to $5 million dollars to friends or relatives and an additional $5 million to your spouse tax – free . If you give away money, that will lower your lifetime taxable estate. Gifts that exceed the yearly exclusion also lower your overall estate tax exemption .
How is the $1000 a day for life paid out?
What are “for life ” prizes? You don’t just win once with Lucky for Life , you win FOR LIFE . The top prize of $1,000 a day, FOR LIFE is paid weekly and the second prize is $25,000 a year, FOR LIFE paid yearly.