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EXCLUSIVE | Nene Leakes Lawsuit Breaks Down YEARS of Racism at Bravo! *LEGAL DOCS*

EXCLUSIVE | Nene Leakes Lawsuit Breaks Down YEARS of Racism at Bravo! *LEGAL DOCS*

QUICK QUOTES: Kandi Burruss’ Baby Daddy (Block) Claims She Knew She Was The Sidechick… (VIDEO)

QUICK QUOTES: Kandi Burruss’ Baby Daddy (Block) Claims She Knew She Was The Sidechick… (VIDEO)

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  • Scam or Sham? Price is Right Tax Dilemma Revealed…

    Aug, 20 2013 | Written by ATLien

    price is right sfta

    If you’re a fan of one of TV’s longest running game shows, “The Price is Right,” and are patiently waiting your chance to attend a taping and rack of some free swag, you might want to pay closer attention to the fine print on your ticket.

    [FLASHBACK: NeNe Leakes ‘Bombs’ On The Price Is Right… (VIDEO)]

    While it’s not news that people pay taxes on winnings, there are a couple of reasons it can be more jarring on The Price Is Right.

    A current contestant revealed her shocking experience after the show. And if you weren’t aware, Uncle Sam will want his cut, and if the prize is big enough, it could even bump you into a higher federal tax bracket, further chipping away at your win.

    Contestant Andrea Schwartz found this out recently when she won $33,000 worth of prizes, including a shiny red Mazda 2 compact car, a pool table, and a shuffle board table:

    “After the show, you fill out some paperwork and basically sign your life away. You say that you’re going to pay the taxes on it. If you win in California, you have to actually pay the California state income tax ahead of time.”

    Schwartz’s car was shipped from Los Angeles to a dealer near her home in Reno, Nevada. Before she could claim it, she had to pay $2,500 in taxes.

    price is right 2Luckily, she had won $1,200 in cash playing the show’s Plinko game and also had some money in savings ? but not all contestants have the resources to even collect their winnings.

    “I think a lot of people don’t understand what they’re getting themselves into. They’re just like, ‘Oh my God, I’m going to win a bunch of stuff,’ and then they’re going to have to forfeit their prizes because they can’t afford to pay the taxes on them,” [Source]

    Unknown to most, hell including me, winners could forfeit their winnings altogether do to logistical scenarios beyond ones control:

    Another former winner explained that if you win a car, you’ll get a call to retrieve it sometime during the 90-day period after your show airs.

    You only have 10 days to pick it up, and the dealer could be as far as 150 miles from your home address. If you can’t arrange the paperwork, tax payment, and pick up within that time, you will forfeit your booty.

    Seems to me like if your waiting for your chance to “come on down,” and play the loveable TV show game, you better have money in escrow to properly take your winnings home.

    Seems super shady… but Uncle Sam is gonna get it one way or the other!

    What are your thoughts?

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Page 1
  • EXCLUSIVE | Nene Leakes Lawsuit Breaks Down YEARS of Racism at Bravo! *LEGAL DOCS*

  • QUICK QUOTES: Kandi Burruss’ Baby Daddy (Block) Claims She Knew She Was The Sidechick… (VIDEO)

  • Sheree Whitfield Reunites With ‘Prison Bae’ (Tyrone Gilliams) After Early Release (PHOTOS)

  • Nene Leakes Calls for Fans to Boycott: “Turn Off Your TVs!” | #BoycottBravo Petition Gains Steam #RHOA

  • SINGLE AGAIN!!! Media Mogul Tyler Perry Is Back On The Market…

  • Good Deeds | 2 Chainz Partners With YouTube Music for 55k Black Entrepreneur Giveaway… (VIDEO) #YouTubeBlack

Page 2
  • This is 50!!! Actress Regina Hall SINGS Her Way Into A New Century… (VIDEO)

  • BLOOP! Nene Leakes Hilariously SHADES Plummeting #RHOA Ratings…

  • #RHOA Kenya Moore & Sherri Shepherd Exchange Shade! Who Won?! (VIDEO)

  • OFF THE MARKET!!! Keshia Knight Pulliam & Brad James Announce Engagement (PHOTOS)

  • Where’s Nene Leakes?! Real Housewives of Atlanta Season 13 Ratings Plummet On 2nd Episode…

  • Wendy Williams Pauses Show Production To Travel For Mother’s Funeral…

Page 3
  • Sandy ‘Pepa’ Denton (Salt-n-Pepa) Suing Over BOTCHED Butt Job…

  • QUICK PIC: Usher Goes Viral For This ‘New Look’… (PHOTO)

  • 5 Things Revealed on The Real Housewives of Atlanta Season 13 | Episode 2 ‘New Peach in the Orchid’ + Watch FULL Episode… (VIDEO)

  • Good Deeds | Tyler Perry Donates $100k For Legal Defense of Breonna Taylor’s Boyfriend Kenneth Walker

  • OPEN POST: #RHOA Fans DISTURBED By “Exploitive” Use of George Floyd Clip in Season 13 Premiere

  • POWER COUPLE ALERT!!! Rihanna & A$AP Rocky Reportedly ‘Inseperable’… (PHOTOS)


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