For prizes of more than $600, 5% is withheld and sent to the Massachusetts Department of Revenue. For prizes $5,000 and greater, 24% of the prize is withheld and sent to the Internal Revenue Service and 5% is withheld and sent to the Massachusetts Department of Revenue.
How much do I have to win before anything is withheld? Print
Modified on: Tue, Jun 16, 2020 at 9:15 AM
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