Do the math

Do the math: When is a $50,000 grand prize not worth collecting? When it’s $50,000 worth of American Airlines tickets, according to the winner who figured paying the income tax on the tickets would cost him $800 a ticket and he could purchase tickets cheaper than “winning” them.

One thought on “Do the math

  1. I’ve often wondered how many winners on game shows wind up selling some of the stuff in order to pay the taxes.

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