Remove this Banner Ad

2026 Off-Topic Chat Thread

🥰 Love BigFooty? Join now for free.

winty said:
That's just cruel. 🤣 🤣 🤣

Click to expand...


I was recently reading about American game shows and especially The Price Is Right - even when you won prizes on the show, very rarely did contestants actually go home with what they won and instead the show would push for the contestants to accept the cash value of the prizes

The tax rate can be a lil crazy in various states and you pay tax on winnings, so they'd never go home with the full value of their prize
 

Log in to remove this Banner Ad

cats_09 said:
I was recently reading about American game shows and especially The Price Is Right - even when you won prizes on the show, very rarely did contestants actually go home with what they won and instead the show would push for the contestants to accept the cash value of the prizes

The tax rate can be a lil crazy in various states and you pay tax on winnings, so they'd never go home with the full value of their prize
Click to expand...

Your bit about the taxes is 100% true. Some years back, I won a Samsung TV in some random Internet drawing, a total fluke. The awarder issued an IRS form listing the full MSRP as my "income."

Luckily, there's another form you can fill out, amending that to the actual street price at time of the award, lessening the pain a bit.

Honestly, if TPIR handed me a check for the full MSRP of my winnings, I'd probably be way happier than having to deal with the actual loot.
 
Braklet said:
Your bit about the taxes is 100% true. Some years back, I won a Samsung TV in some random Internet drawing, a total fluke. The awarder issued an IRS form listing the full MSRP as my "income."

Luckily, there's another form you can fill out, amending that to the actual street price at time of the award, lessening the pain a bit.

Honestly, if TPIR handed me a check for the full MSRP of my winnings, I'd probably be way happier than having to deal with the actual loot.
Click to expand...

I remember when I was in Vegas playing the slot machines that a few of them advertised the tax rate on winnings

As a foreigner if I won a couple of hundred dollars than all good I could keep it, but anything over $1000 and they'd straight up take 30% of it
 
cats_09 said:
I remember when I was in Vegas playing the slot machines that a few of them advertised the tax rate on winnings

As a foreigner if I won a couple of hundred dollars than all good I could keep it, but anything over $1000 and they'd straight up take 30% of it
Click to expand...

Yeah, the gaming industry doesn't fool around.
 

Remove this Banner Ad

🥰 Love BigFooty? Join now for free.

winty said:
Eminem's now a grandpa. Feel old yet?

Click to expand...


I was feeling old the other day when the club said, "Happy 26th" to Miers - that was like WTF, wasn't he only drafted a couple of years ago
 

Remove this Banner Ad

Remove this Banner Ad

🥰 Love BigFooty? Join now for free.

Back
Top Bottom