Fantasy 5
Latest draw · Sunday, July 5, 2026
Fantasy 5 Tax Calculator
See what you'd really take home from a Fantasy 5 prize after federal and California state tax — as a lump sum or a 30-year annuity.
- Prize (lump-sum cash)
- $337,381
- Federal tax
- − $88,458
- State tax (California · 0%)
- − $0
- Net take-home
- $248,923
🎉 California doesn't tax lottery winnings — you only pay federal tax on your Fantasy 5 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.
Fantasy 5 tax FAQ
How much tax do you pay on a Fantasy 5 jackpot in California?
On a $337,381 Fantasy 5 jackpot taken as a lump sum, you'd pay about $88,458 in federal tax and no California state tax, leaving roughly $248,923.
Does California tax Fantasy 5 lottery winnings?
No — California does not tax lottery winnings, so you only pay federal tax on a Fantasy 5 prize.
Should I take the Fantasy 5 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.