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Texas(TX) Two Step Prize Analysis for Mon Jan 27, 2020

Texas(TX) Two Step Prize Analysis for Mon Jan 27, 2020
Updated: Friday, January 24th, 2020 01:15 AM

The estimated jackpot for Texas(TX) Two Step on Mon Jan 27, 2020 is $675,000. It was a $175,000 increase from previous jackpot. The Texas(TX) Two Step prize analysis tells you how much you would get paid after tax withholdings.

As legally required by the state of Texas, 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 Texas state and local personal income taxes. For more information on taxes for lottery winnings in the state of Texas, click here.

Find below chart for jackpot analysis details of Texas(TX) Two Step.

Jackpot Amount - $675,000
Gross Cash Payment25% Federal WithholdingNo State Tax WithholdingLump-Sum Net Payment
$675,000.00-$168,750.00-$0.00$506,250.00


Past Prize Analysis for Two-Step

More Prize Analysis for Texas(TX) Two Step

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Texas(TX) Two Step Latest Drawing Results
Next Draw: Mon Jan 27, 2020
$675,000 
Change: +$175,000








 
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