California(CA) Fantasy 5 Prize Analysis for Wed Jan 01, 2025
Updated: Tuesday, December 31st, 2024 10:04 PM
The estimated jackpot for California(CA) Fantasy 5 on Wed Jan 01, 2025 is $347,000. It was a 172,000 increase from previous jackpot. 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 $347,000, the federal tax amounts to $86,750.00. There is no state tax deduction. The winner will receive, after paying federal taxes, $260,250.00.
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 Jan 01, 2025 |
Gross Cash Payment | 25% Federal Withholding | 0% State Withholding | Net Payment |
$347,000 | -$86,750.00 | -0 | $260,250.00 |
Past Prize Analysis for Fantasy-5
- Fantasy 5 Jackpot Analysis for Tuesday, April 1st
- Fantasy 5 Jackpot Analysis for Monday, March 31st
- Fantasy 5 Jackpot Analysis for Sunday, March 30th
- Fantasy 5 Jackpot Analysis for Saturday, March 29th
- Fantasy 5 Jackpot Analysis for Friday, March 28th
- Fantasy 5 Jackpot Analysis for Thursday, March 27th
- Fantasy 5 Jackpot Analysis for Wednesday, March 26th
- Fantasy 5 Jackpot Analysis for Tuesday, March 25th
- Fantasy 5 Jackpot Analysis for Monday, March 24th
- Fantasy 5 Jackpot Analysis for Sunday, March 23rd
More Prize Analysis for California(CA) Fantasy 5
California Fantasy 5 |
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 Next Draw: Tue Apr 1, 2025 $307,000 Change: +$151,000 |