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California

Daily Derby

Latest draw · Tuesday, May 19, 2026

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Daily Derby Tax Calculator

See what you'd really take home from a Daily Derby prize after federal and California state tax — as a lump sum or a 30-year annuity.

Estimated take-home (lump sum)
$671,812
67% of the $1,000,000 prize
Prize (lump-sum cash)
$1,000,000
Federal tax
− $328,188
State tax (California · 0%)
− $0
Net take-home
$671,812

🎉 California doesn't tax lottery winnings — you only pay federal tax on your Daily Derby prize.

Estimate only — uses single-filer federal brackets and California's top lottery-withholding rate. Actual tax depends on your total income, filing status and deductions. Not tax advice.

Daily Derby tax FAQ

How much tax do you pay on a Daily Derby jackpot in California?

On a $1,000,000 Daily Derby jackpot taken as a lump sum, you'd pay about $328,188 in federal tax and no California state tax, leaving roughly $671,812.

Does California tax Daily Derby lottery winnings?

No — California does not tax lottery winnings, so you only pay federal tax on a Daily Derby prize.

Should I take the Daily Derby lump sum or annuity?

The lump sum pays a smaller, discounted amount now with full control; the 30-year annuity pays the full advertised jackpot spread over time and can keep you in lower yearly tax brackets. The best choice depends on your goals and tax situation.