California(CA) Daily Derby Prize Analysis for Sun Jun 23, 2024
Updated: Saturday, June 22nd, 2024 10:04 PM
The estimated jackpot for California(CA) Daily Derby on Sun Jun 23, 2024 is $50,000. 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 $50,000, the federal tax amounts to $12,500.00. There is no state tax deduction. The winner will receive, after paying federal taxes, $37,500.00.
For detailed information on Daily Derby Lottery Winning Taxes and Prizes Analysis, see the data listed below.
California(CA) Daily Derby Prize Analysis for Sun Jun 23, 2024 |
Gross Cash Payment | 25% Federal Withholding | 0% State Withholding | Net Payment |
$50,000 | -$12,500.00 | -0 | $37,500.00 |
Past Prize Analysis for Daily-Derby
- Daily Derby Jackpot Analysis for Tuesday, November 26th
- Daily Derby Jackpot Analysis for Monday, November 25th
- Daily Derby Jackpot Analysis for Sunday, November 24th
- Daily Derby Jackpot Analysis for Saturday, November 23rd
- Daily Derby Jackpot Analysis for Friday, November 22nd
- Daily Derby Jackpot Analysis for Thursday, November 21st
- Daily Derby Jackpot Analysis for Wednesday, November 20th
- Daily Derby Jackpot Analysis for Tuesday, November 19th
- Daily Derby Jackpot Analysis for Monday, November 18th
- Daily Derby Jackpot Analysis for Sunday, November 17th
More Prize Analysis for California(CA) Daily Derby
California Daily Derby |
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Next Draw: Tue Nov 26, 2024 $307,000 Change: +$10,000 |