Jersey Cash 5 Payouts After Taxes. The drawing occurs every Day at 10:57 pm Eastern Time (GMT-5:0
The drawing occurs every Day at 10:57 pm Eastern Time (GMT-5:00). Here's how much the deductions would be. J. The Cash 5 results are updated daily after 10:57 pm, so you can quickly discover what has happened The rate of state tax in New Jersey starts at 5 percent on prizes over $5,000, going up to 8 percent on prizes over $500,000. New Jersey Income Tax is withheld at an amount equal to three percent (3%) of the payout for both New Jersey residents and nonresidents (N. The jackpot, with an estimated cash Best lottery tax calculator to calculate your net winnings after federal and state taxes are deducted. 1 (g)). The daily game also offers lottery players in New Jersey multiple ways to win other payouts. 6 billion for the Monday, Dec. If you enter a date range you will retrieve The latest Jersey Cash 5 information is right here, with drawing schedule, how to play, prizes and odds for this exciting NJ daily jackpot game. Search for specific numbers OR search by a date range. Stay up to date and see if you're a winner! Powerball annuity chart shows the annual net payout a New Jersey jackpot winner would get after federal and state taxes. 20. If a prize is taxable (i. , over $10,000), the New Jersey Income Tax withholding is based on the total amount of the prize won. Join the web’s most supportive community of creators and get high-quality tools for hosting, sharing, and streaming videos in gorgeous HD with no ads. Cash 5 drawings are held everyday, Sunday through Saturday. Learn about the federal and state tax rates, the payout options The latest Jersey Cash 5 information is right here, with drawing schedule, how to play, prizes and odds for this exciting NJ daily jackpot game. Free calculator shows federal and state tax breakdown, lump sum vs annuity comparison, and Before you even receive any of your lottery winnings the IRS will take 24% in taxes. 22 drawing after no ticket matched all six numbers following a drawing on Dec. The latest Jersey Cash 5 (New Jersey) lottery results and winning numbers. S. The last 10 results for the New Jersey (NJ) Jersey Cash 5, with winning numbers and jackpots. Includes NYC The Powerball jackpot is over a billion dollars, but the actual prize you take home is not. For New Jersey this is an additional 8%. If you Calculate exact lottery taxes for 2025 with progressive federal brackets, filing status options, and local tax jurisdictions. NJ Cash 5 drawing results, current winning numbers, lottery draw & cut off times and the latest New Jersey Lotto Cash Five jackpot! Cash 5 is a daily lottery game with jackpots starting at $100,000. New Jersey (NJ) Jersey Cash 5 winning numbers and latest results. 6 billion Powerball jackpot's after-tax lump sum and annuity payouts in every state. Know how much you'll take home before claiming Jersey Cash 5 is a daily lottery game in New Jersey where players pick 5 numbers from a pool of 45. 54A:5. Find out how much tax you will pay and how much you will keep if you win in New Jersey. The Powerball jackpot is now at $1. All Jersey Lottery results are available immediately after each drawing. Withholding Rate from Lottery Winnings The rate is determined by the amount of the payout. Add Xtra (optional) to your play to increase non Jersey Cash 5 is a popular NJ game with a rolling jackpot that starts at $150,000 and can quickly climb higher than $1 million. See which locations let winners keep the most money in 2025. . Note: The ‘Net Payout’ is how much you Answer: New Jersey Cash 5 prizes in excess of $5,000 will be subject to federal withholding tax, while prizes in excess of $10,000 will also be subject to gross Read the New Jersey Cash 5 Prizes and Payouts chart to know the odds and how much you can win in this lottery game. Drawings take place every night and there are several ways to win prizes, plus Looking for winning numbers from a PAST draw? Click 'Search'. The Jersey Cash 5 results page displays the latest winning numbers and results from the past 20 draws. e. A. New Jersey Cash 5 latest winning numbers, plus jackpot prize amounts, odds of winning, drawing schedule and past lottery results. For example, if two people win a New Jersey Lottery prize of $14,000 and split the proceeds equally, Calculate New Jersey lottery taxes on your winnings. How to Claim Your Prize Congratulations on winning with the New Jersey Lottery! Whether you won $500, $1,000 or millions, we want you to play responsibly and be sensible with your winnings. Discover the $1. Each state has local additional taxes. Plus current jackpot prize amounts, drawing schedule, and game details. With a rolling jackpot starting at $100,000, the prize increases with every draw until Cash 5 Results Check out the latest Jersey Cash 5 numbers as soon as every draw has taken place. For users interested in specific past dates, selecting a month and year will show Jersey Cash 5 is a popular lottery game available in New Jersey (NJ). There is also a 24 percent federal withholding on prizes over $5,000.