A many us would love the possibility to complete on the legendary game display Wheel of Fortune, and also winning numerous cash or an awesome pilgrimage would really be the icing top top the cake. After ~ all, walking away from the endure with winnings is the thing of the game, yet what if win Wheel the Fortune wasn"t whatever it seemed.

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For starters, simply doing well on the display is a bit of a challenge. It"s one thing to be able to shout out all the answers native the comfort of your favorite chair in ~ home, however actually doing for this reason on live TV is a whole other beast. Former executive producer harry Friedman told san Francisco"s ABC7 that half the battle includes gift the form of person who currently likes to settle problems and also puzzles.

Host play Sajak included that success top top the present really rests through a contestant"s approach. "The cheat is simply treat it together a fun suffer ... The doesn"t ache to watch a present occasionally due to the fact that there are strategies involved." and so if one can do all that, and also actually success cash, a car, or a trip, what of the victor"s spoils. Exactly how much execute winning contestants gain to in reality keep?

Many of the prizes top top Wheel the Fortune seem almost too an excellent to be true. Contestants frequently win huge sums that money, expensive cars, and trips roughly the world. It transforms out the there is a reason the prizes could feel unrealistic: winners finish up paying taxes on every little thing they take home from their TV experience.

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When friend win big on the show, the IRS treats the price tag of your winnings similar to income: You"re taxed in a large way. CinemaBlend explored the instance of Wheel the Fortune winner Matt McMahan, who walked away v over $16,000 in cash and two trips worth an ext than $15,000. The display does permit winners to discover less expensive execution of their trips to avoid a greater tax hit. McMahan take it this option, ending up v trips for $10,000.

Once the taxes to be paid out, McMahan approximates he walked away from Wheel that Fortune with about $6,000 out of end $30,000 in prizes. It really renders you think. When speaking to MarketWatch, that did say that the trips were worth it, speak that even with every the strings attached, "experiences are worth more than money right now."