California(CA) Daily Derby Prize Analysis for Mon Jan 24, 2022
Updated: Sunday, January 23rd, 2022 11:03 PM
The estimated jackpot for California(CA) Daily Derby on Mon Jan 24, 2022 is $470,000. It was a $16,000 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 $470,000, the federal tax amounts to $117,500.00. There is no state tax deduction. The winner will receive, after paying federal taxes, $352,500.00.
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 Jan 24, 2022 |
Gross Cash Payment | 25% Federal Withholding | 0% State Withholding | Net Payment |
$470,000 | -$117,500.00 | -0 | $352,500.00 |
Past Prize Analysis for Daily-Derby
- Daily Derby Jackpot Analysis for Wednesday, May 25th
- Daily Derby Jackpot Analysis for Tuesday, May 24th
- Daily Derby Jackpot Analysis for Monday, May 23rd
- Daily Derby Jackpot Analysis for Sunday, May 22nd
- Daily Derby Jackpot Analysis for Saturday, May 21st
- Daily Derby Jackpot Analysis for Friday, May 20th
- Daily Derby Jackpot Analysis for Thursday, May 19th
- Daily Derby Jackpot Analysis for Wednesday, May 18th
- Daily Derby Jackpot Analysis for Tuesday, May 17th
- Daily Derby Jackpot Analysis for Monday, May 16th
More Prize Analysis for California(CA) Daily Derby
California Daily Derby |
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 Next Draw: Wed May 25, 2022 81,000 Change: +5,000 |