California(CA) Daily Derby Prize Analysis for Wed Feb 28, 2024

California(CA) Daily Derby Prize Analysis for Wed Feb 28, 2024
Updated: Tuesday, February 27th, 2024 10:06 PM

The estimated jackpot for California(CA) Daily Derby on Wed Feb 28, 2024 is $83,000. It was a 5,000 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 $83,000, the federal tax amounts to $20,750.00. There is no state tax deduction. The winner will receive, after paying federal taxes, $62,250.00.

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

California(CA) Daily Derby Prize Analysis for Wed Feb 28, 2024
Gross Cash Payment25% Federal Withholding0% State WithholdingNet Payment

Past Prize Analysis for Daily-Derby

More Prize Analysis for California(CA) Daily Derby

 California Daily Derby SUN MON TUE WED THU FRI SAT
1st: 11-Money Bags
2nd: 6-Whirl Win
3rd: 12-Lucky Charms
Race Time:
Tue Aug 1, 2023 Last 10 | Calendar | Search
Win Checker | Frequency Chart
California(CA) Daily Derby Latest Drawing Results
Next Draw: Wed Aug 2, 2023
Jackpot: Pending

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