"Winning" on the Price is Right isn't automatically a good thing.
Among other problems, vacations and trips are not transferrable, if you can't go, no one goes and the prize is forfeited.
If you win a car, you have to pay tax and license before it will be released to you, if you've won a pricey car and didn't also win some money, you might have a problem.
If you win something you can't use, like a boat, you're responsible for the taxes on it (it's value is treated as income). If you win a $50,000 boat, and in your bracket the tax bump is $17,000, and you sell if for $15,000, 'winning' cost you $2000.
IIRC, if you're from out of state, getting your prize shipped home is your problem.
There's more, I can't remember it all. It's always best to win cash money on that show, but it sure is possible to win a big problem too.
Among other problems, vacations and trips are not transferrable, if you can't go, no one goes and the prize is forfeited.
If you win a car, you have to pay tax and license before it will be released to you, if you've won a pricey car and didn't also win some money, you might have a problem.
If you win something you can't use, like a boat, you're responsible for the taxes on it (it's value is treated as income). If you win a $50,000 boat, and in your bracket the tax bump is $17,000, and you sell if for $15,000, 'winning' cost you $2000.
IIRC, if you're from out of state, getting your prize shipped home is your problem.
There's more, I can't remember it all. It's always best to win cash money on that show, but it sure is possible to win a big problem too.
The granting of a pardon is an imputation of guilt, and the acceptance a confession of it.
