California(CA) Daily Derby Prize Analysis for Sun Jan 12, 2025
Updated: Saturday, January 11th, 2025 10:04 PM
The estimated jackpot for California(CA) Daily Derby on Sun Jan 12, 2025 is $160,000. It was a 8,000 increase from previous jackpot. The California(CA) Daily Derby prize analysis tells you how much you would get after tax withholdings.
As legally required by the state of California, taxes are withheld on lottery winnings of $600.00 or more. For prizes over $5,000.00, US citizens and resident aliens with a social security number are subject to a 25% deduction to their prizes, which represents federal taxes. Luckily, lottery prizes are exempt from California state and local personal income taxes. For more information on taxes for lottery winnings in the state of California, click here.
For the current California(CA) Daily Derby jackpot $160,000, the federal tax amounts to $40,000.00. There is no state tax deduction. The winner will receive, after paying federal taxes, $120,000.00.
For detailed information on Daily Derby Lottery Winning Taxes and Prizes Analysis, see the data listed below.
| California(CA) Daily Derby Prize Analysis for Sun Jan 12, 2025 |
| Gross Cash Payment | 25% Federal Withholding | 0% State Withholding | Net Payment |
| $160,000 | -$40,000.00 | -0 | $120,000.00 |
Past Prize Analysis for Daily-Derby
- Daily Derby Jackpot Analysis for Monday, January 20th
- Daily Derby Jackpot Analysis for Sunday, January 19th
- Daily Derby Jackpot Analysis for Saturday, January 18th
- Daily Derby Jackpot Analysis for Friday, January 17th
- Daily Derby Jackpot Analysis for Thursday, January 16th
- Daily Derby Jackpot Analysis for Wednesday, January 15th
- Daily Derby Jackpot Analysis for Tuesday, January 14th
- Daily Derby Jackpot Analysis for Monday, January 13th
- Daily Derby Jackpot Analysis for Sunday, January 12th
- Daily Derby Jackpot Analysis for Saturday, January 11th
More Prize Analysis for California(CA) Daily Derby
| California Daily Derby |
SUN MON TUE WED THU FRI SAT |
|
|
Next Draw: Mon Jan 20, 2025
$64,000
Change: +$4,000 |
