California(CA) Daily Derby Prize Analysis for Sat Jul 08, 2023
Updated: Friday, July 7th, 2023 11:03 PM
The estimated jackpot for California(CA) Daily Derby on Sat Jul 08, 2023 is $178,000. 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 $178,000, the federal tax amounts to $44,500.00. There is no state tax deduction. The winner will receive, after paying federal taxes, $133,500.00.
For detailed information on Daily Derby Lottery Winning Taxes and Prizes Analysis, see the data listed below.
California(CA) Daily Derby Prize Analysis for Sat Jul 08, 2023 |
Gross Cash Payment | 25% Federal Withholding | 0% State Withholding | Net Payment |
$178,000 | -$44,500.00 | -0 | $133,500.00 |
Past Prize Analysis for Daily-Derby
- Daily Derby Jackpot Analysis for Wednesday, December 11th
- Daily Derby Jackpot Analysis for Tuesday, December 10th
- Daily Derby Jackpot Analysis for Monday, December 9th
- Daily Derby Jackpot Analysis for Sunday, December 8th
- Daily Derby Jackpot Analysis for Saturday, December 7th
- Daily Derby Jackpot Analysis for Friday, December 6th
- Daily Derby Jackpot Analysis for Thursday, December 5th
- Daily Derby Jackpot Analysis for Wednesday, December 4th
- Daily Derby Jackpot Analysis for Tuesday, December 3rd
- Daily Derby Jackpot Analysis for Monday, December 2nd
More Prize Analysis for California(CA) Daily Derby
California Daily Derby |
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Next Draw: Wed Dec 11, 2024 $531,000 Change: +$19,000 |