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BGE Price is Right Cheating Scandal

MattMatt Posts: 143
edited 8:33PM in EggHead Forum
I hadn't seen this posted before....

Comments

  • great story...gotta love the part: "Terry and Linda sold the karaoke machine, the pool table, and the camper. They've kept the Big Green Egg"
  • RRPRRP Posts: 21,383
    Rather fascinating! I've forwarded it to the daughter of my wife's best friend who made it to one of Bob Barker's last shows. She won about $20k of prizes which they sold except for a small motorcycle they kept for their sons.
    L, M, S, Mini
    Ron
    Dunlap, IL
    Re- gasketing AMERICA one yard at a time!
  • Thanks for posting--what an interesting story.
  • Z manZ man Posts: 8
    Yeah, thanks for posting. I like that they sold everything except the BGE!
  • tach18ktach18k Posts: 1,607
    what some people fail to understand, is the contestants need to pay income tax for the winnings, and that could be close to 30%, so selling most of there prizes is not uncommon, unless of course you got the cash to do it. still you come out ahead in some ways.
  • antmaraantmara Posts: 31
    Yeah, I heard an interview with a guy that won $275,000 on who wants to be a millionaire. He said that they did not take taxes out at time of receipt, that you had to hold out the %40-45 to pay the following April. He did not, and didn't have a happy April 15th.
  • RRPRRP Posts: 21,383
    He wins $275K and gets $275K and the tax liability never dawned on him? What a brain trust!
    L, M, S, Mini
    Ron
    Dunlap, IL
    Re- gasketing AMERICA one yard at a time!
  • shubydoobydoshubydoobydo Posts: 115
    Thanks for posting what a great article. I used to love that show but it lost a lot when Barker retired. I have never seen the BGE on it before... now I will watch for it.
  • One thing I've wondered is, since the shows are filmed in California, do you have to pay CA state income tax too? Anyone know?
  • NC-CDNNC-CDN Posts: 703
    That's a great article. Interesting. Long though. LOL.

    As for winning 250K and not holding back for taxes. That guy's an idiot. Sorry...just not too bright.
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