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California(CA) Fantasy 5 Prize Analysis for Tue Nov 29, 2022

California(CA) Fantasy 5 Prize Analysis for Tue Nov 29, 2022
Updated: Monday, November 28th, 2022 11:03 PM

The estimated jackpot for California(CA) Fantasy 5 on Tue Nov 29, 2022 is $71,000. It was a 4,000 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 $71,000, the federal tax amounts to $17,750.00. There is no state tax deduction. The winner will receive, after paying federal taxes, $53,250.00.

For detailed information on Fantasy 5 Lottery Winning Taxes and Prizes Analysis, see the data listed below.

California(CA) Fantasy 5 Prize Analysis for Tue Nov 29, 2022
Gross Cash Payment25% Federal Withholding0% State WithholdingNet Payment
$71,000-$17,750.00-0$53,250.00


Past Prize Analysis for Fantasy-5

More Prize Analysis for California(CA) Fantasy 5

 California Fantasy 5 SUN MON TUE WED THU FRI SAT
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Sat Nov 23, 2024 Last 10 | Calendar | Search
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California(CA) Fantasy 5 Latest Drawing Results
Next Draw: Sun Nov 24, 2024
$63,000 
Change: $-120,000







 
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