California(CA) Fantasy 5 Prize Analysis for Wed Aug 16, 2023
Updated: Tuesday, August 15th, 2023 11:06 PM
The estimated jackpot for California(CA) Fantasy 5 on Wed Aug 16, 2023 is $70,000. The California(CA) Fantasy 5 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) Fantasy 5 jackpot $70,000, the federal tax amounts to $17,500.00. There is no state tax deduction. The winner will receive, after paying federal taxes, $52,500.00.
For detailed information on Fantasy 5 Lottery Winning Taxes and Prizes Analysis, see the data listed below.
| California(CA) Fantasy 5 Prize Analysis for Wed Aug 16, 2023 |
| Gross Cash Payment | 25% Federal Withholding | 0% State Withholding | Net Payment |
| $70,000 | -$17,500.00 | -0 | $52,500.00 |
Past Prize Analysis for Fantasy-5
- Fantasy 5 Jackpot Analysis for Saturday, November 23rd
- Fantasy 5 Jackpot Analysis for Friday, November 22nd
- Fantasy 5 Jackpot Analysis for Thursday, November 21st
- Fantasy 5 Jackpot Analysis for Wednesday, November 20th
- Fantasy 5 Jackpot Analysis for Tuesday, November 19th
- Fantasy 5 Jackpot Analysis for Monday, November 18th
- Fantasy 5 Jackpot Analysis for Sunday, November 17th
- Fantasy 5 Jackpot Analysis for Saturday, November 16th
- Fantasy 5 Jackpot Analysis for Friday, November 15th
- Fantasy 5 Jackpot Analysis for Thursday, November 14th
More Prize Analysis for California(CA) Fantasy 5
| California Fantasy 5 |
SUN MON TUE WED THU FRI SAT |
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Next Draw: Sat Nov 23, 2024
$183,000
Change: +$103,000 |
