California(CA) Fantasy 5 Prize Analysis for Sun May 12, 2024
Updated: Saturday, May 11th, 2024 10:06 PM
The estimated jackpot for California(CA) Fantasy 5 on Sun May 12, 2024 is $62,000. 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 $62,000, the federal tax amounts to $15,500.00. There is no state tax deduction. The winner will receive, after paying federal taxes, $46,500.00.
For detailed information on Fantasy 5 Lottery Winning Taxes and Prizes Analysis, see the data listed below.
California(CA) Fantasy 5 Prize Analysis for Sun May 12, 2024 |
Gross Cash Payment | 25% Federal Withholding | 0% State Withholding | Net Payment |
$62,000 | -$15,500.00 | -0 | $46,500.00 |
Past Prize Analysis for Fantasy-5
- Fantasy 5 Jackpot Analysis for Thursday, October 31st
- Fantasy 5 Jackpot Analysis for Wednesday, October 30th
- Fantasy 5 Jackpot Analysis for Tuesday, October 29th
- Fantasy 5 Jackpot Analysis for Monday, October 28th
- Fantasy 5 Jackpot Analysis for Sunday, October 27th
- Fantasy 5 Jackpot Analysis for Saturday, October 26th
- Fantasy 5 Jackpot Analysis for Friday, October 25th
- Fantasy 5 Jackpot Analysis for Thursday, October 24th
- Fantasy 5 Jackpot Analysis for Wednesday, October 23rd
- Fantasy 5 Jackpot Analysis for Tuesday, October 22nd
More Prize Analysis for California(CA) Fantasy 5
California Fantasy 5 |
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Next Draw: Thu Oct 31, 2024 $67,000 Change: $-7,000 |