Photo: Pressmaster

Does the winner of Survivor get taxed?

finance.yahoo.com - Here's Exactly What You Get For Winning 'Survivor' - Yahoo Finance

Why does the women's restroom always have a line?

So then why is there always a line for the women's restroom? Women spend as much as twice as long in the bathroom as men, and that's because they...

Last updated Feb 8, 2020

How long will they keep making PS4 games?

Sony has confirmed that it will continue to make PS4 games for years to come, alongside new-gen PS5 releases. As reported by Axios.com, Sony has...

Last updated Oct 2, 2019

Promotion

From Men's Health

The winner of Survivor—now in its 40th season—gets a whole lot of money. That prize money is taxable, as season one winner Richard Hatch learned the hard way. Losers make money, too, so you're not completely out of luck if you're not Sole Survivor. While watching Survivor is loads of fun, living the experience is decidedly not as enjoyable. From the small rations of food to the bugs, diarrhea, and thunderstorms, spending 39 days on a faraway island isn't how most people would want to spend their time. Unless, of course, you had the chance to win a very large chunk of money at the end of it all.

So...what do you get for winning Survivor, anyway?

The winner of Survivor gets a cool $1 million.

How much does the Survivor winner get after taxes?

All of that prize money is taxable—a lesson Season 1 winner Richard Hatch learned the hard way. (Hatch ended up spending 51 months in prison for failing to pay taxes on his Survivor winnings and other income.) In reality, after taxes, you would end up with about $580,000, according to AOL. AOL also elaborated on just how significantly those taxes affect your winnings: "How much you're taxed depends on your income and the state you live in (because if your state levies income taxes, it will want its bite, too). However, it's safe to say that you'll lose nearly half to the taxman. If you want to survive on Survivor winnings for 20 years, you'll have to budget less than $30,000 a year after taxes."

Bummer.

But in a cool twist, the winner of Survivor: Winners at War will get a $2 million prize—but don't forget about those taxes. When a North Carolina man won a $2 million Powerball payday, he ended up with about $1,415,001, so we can expect our season 40 winner to take home a similar amount.

Do the losers of Survivor get any money?

For the rest of the castaways, there are also some cash prizes, as the second-place contestant receives about $100,000. Jon Dalton (aka Jonny Fairplay, of "dead grandma lie" fame) told TMZ that jury members are awarded $40,000 and the first person voted off gets around $3,500, while Today reported that the first person to get voted off receives $2,500. And if you're a returning player, you can net about $25,000 for being the first one to leave the island. Other contestants are paid on a sliding scale based on how long they end up staying in the game.

Has there ever been a woman Survivor winner?

Vecepia Poneia Towery-Robinson is an American office manager and reality TV personality, best known for winning Survivor: Marquesas, the fourth...

Last updated Jun 30, 2020

Can rich people be minimalists?

Being wealthy gives you the choice to buy or not, the choice to hoard or restrict, the choice to wear plain clothing, thrift shop for fun, or...

Last updated Feb 6, 2020

Promotion

How long is idol contract?

The initial contract extends for three years, although 19 continues to collect a percentage of some of the contestant's earnings for 10 years. The winner is not the only contestant who earns after the show.

nytimes.com - 'American Idol' Winners Collect Big Bucks as Well as Fame

LOS ANGELES It is doubtful that any of the remaining 24 contestants on “American Idol” hope that they will be playing the Teen Angel in a touring production of “Grease” in Milwaukee three years from now. But that’s what Taylor Hicks, the 2006 American Idol winner, is doing. And it shows that winning the most popular talent competition in the country is no guarantee of superstardom. Easing that potential pain are the substantial financial rewards promised to winners of “American Idol,” regardless of how many records they sell once the show ends. In the year since he stood under a confetti shower in the Nokia Theater here, Kris Allen, last year’s winner, has earned at least $650,000 from “American Idol,” according to contracts that last season’s contestants signed with the show’s producers during the competition. That amount reflects the minimum a winner would earn. Including performance fees and merchandising royalties from the “American Idol” tour, as well as other opportunities, winners have never failed to earn less than $1 million in the year or so after the contest, people close to the show say.

What profession lives the longest?

teachers A 2021 study on Occupation-Based Life Expectancy found that people working in non-skilled general, technical and transport domains lived...

Last updated Sep 18, 2022

What is the quickest way to build wealth?

5 Tactics to Build Wealth Fast 1) Pay off high interest debt now. ... 2) Establish an emergency fund for liquidity. ... 3) Mercilessly cut spending...

Last updated Jul 20, 2020