California(CA) Daily Derby Prize Analysis for Mon Apr 29, 2024
Updated: Sunday, April 28th, 2024 10:06 PM
The estimated jackpot for California(CA) Daily Derby on Mon Apr 29, 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 Mon Apr 29, 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 Thursday, May 16th
- Daily Derby Jackpot Analysis for Wednesday, May 15th
- Daily Derby Jackpot Analysis for Tuesday, May 14th
- Daily Derby Jackpot Analysis for Monday, May 13th
- Daily Derby Jackpot Analysis for Sunday, May 12th
- Daily Derby Jackpot Analysis for Saturday, May 11th
- Daily Derby Jackpot Analysis for Friday, May 10th
- Daily Derby Jackpot Analysis for Thursday, May 9th
- Daily Derby Jackpot Analysis for Wednesday, May 8th
- Daily Derby Jackpot Analysis for Tuesday, May 7th
More Prize Analysis for California(CA) Daily Derby
California Daily Derby |
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Next Draw: Thu May 16, 2024 $145,000 Change: +$6,000 |