Will Tattoo removal work? (photo)

Ok so I got this tattoo about a year ago. I know its pretty big, and its on my back. Ive been regretting it lately, but I have considered laser removal. However, since it is quite large, is laser removal even an option for my tattoo? I know it will be very expensive, but how much will it be? and would it be possible to remove it eventually, and what would the turnout be like (scarring, pigmentation etc). Thankyou

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