California(CA) Daily Derby Prize Analysis for Sat Oct 12, 2024
Updated: Friday, October 11th, 2024 10:05 PM
The estimated jackpot for California(CA) Daily Derby on Sat Oct 12, 2024 is $86,000. It was a 6,000 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 $86,000, the federal tax amounts to $21,500.00. There is no state tax deduction. The winner will receive, after paying federal taxes, $64,500.00.
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 Oct 12, 2024 |
| Gross Cash Payment | 25% Federal Withholding | 0% State Withholding | Net Payment |
| $86,000 | -$21,500.00 | -0 | $64,500.00 |
Past Prize Analysis for Daily-Derby
- Daily Derby Jackpot Analysis for Thursday, March 13th
- Daily Derby Jackpot Analysis for Wednesday, March 12th
- Daily Derby Jackpot Analysis for Tuesday, March 11th
- Daily Derby Jackpot Analysis for Monday, March 10th
- Daily Derby Jackpot Analysis for Sunday, March 9th
- Daily Derby Jackpot Analysis for Saturday, March 8th
- Daily Derby Jackpot Analysis for Friday, March 7th
- Daily Derby Jackpot Analysis for Thursday, March 6th
- Daily Derby Jackpot Analysis for Wednesday, March 5th
- Daily Derby Jackpot Analysis for Tuesday, March 4th
More Prize Analysis for California(CA) Daily Derby
| California Daily Derby |
SUN MON TUE WED THU FRI SAT |
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Next Draw: Thu Mar 13, 2025
$187,000
Change: +$7,000 |
