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Tax

$710K Lottery Jackpot: Mass Trust Claims Prize After Game Redesign Improves Odds Of Winning $710K Lottery Jackpot: Mass Trust Claims Prize After Game Redesign Improves Odds Of Winning
$710K Lottery Jackpot: Mass Trust Claims Prize After Game Redesign Improves Odds Of Winning A whopping $710,000 jackpot prize has been claimed by a Massachusetts trust, lottery officials announced.  The winning Megabucks ticket was sold at a Bristol County store for the drawing on Wednesday, May 22, and claimed by the Coogan Smith 2024 Clients' Trust One, Massachusetts State Lottery officials announced on Wednesday, July 3.  The trust, which was represented by trustee Stephen Withers Jr., chose to receive the cash option and was sent a one-time payment of $710,000 before taxes.  The winning ticket was bought at Pick 'N Pay located at 54 South Washington St. in…
Newly Minted Millionaire: $1M Ticket Sold In Feeding Hills Newly Minted Millionaire: $1M Ticket Sold In Feeding Hills
Newly Minted Millionaire: $1M Ticket Sold In Feeding Hills A $50 lottery ticket paid off 20,000 fold to one lucky Bay Stater when they won a $1 million prize in the Massachusetts State Lottery. The winner created a trust called the Feeding Hills Trust of Quincy to collect the prize and protect their identity.  The winning scratch-off ticket was from the "Billion Dollar Extravaganza" game. Three $2 million prizes and three $1 million winning tickets remain in circulation in the $50 game.  Related: How David Spillane Became The Face Of The Mass State Lottery David Spillane, an attorney representing the trust, collected the check.&n…
Massachusetts Inches Closer Toward Legalizing Sports Betting: Report Massachusetts Inches Closer Toward Legalizing Sports Betting: Report
Massachusetts Inches Closer Toward Legalizing Sports Betting: Report Massachusetts is one signature away from becoming the 31st state to legalize sports gambling thanks to an overtime compromise between state leaders, reports said. Coincidentally, it could be here before the NFL season starts next month.  Legislators in Boston approved the betting bill early Monday morning, Aug. 1, hours after the midnight deadline. Speaker of the state House Ron Mariano tweeted that his team and Senate leadership had struck a deal after nearly a year of arguments.  I am proud to announce that the Sports Betting Conference Committee has reached an agreement on legislatio…