About this episode

Drew and Jeff discuss the financial realities and hidden costs associated with winning prizes on game shows.

Comment via Text Message On this episode of 2 Cents, Drew and Jeff dig into what really happens after you win money, trips, or prizes on a game show and why the celebration can come with a tax bill. We break down the hidden costs that don’t make it on camera, from 1099s to travel expenses to the risk of walking away with less than you think. Please check out our full library of episodes, which can be found on the ameriserv.com website. You can also download or stream the podcast from your fa...

People in this episode

Hosts: Drew, Jeff

Topics covered

• game shows
• prizes
• tax implications
• hidden costs
• financial advice

Keywords

• game show winnings
• tax bill
• 1099
• travel expenses
• financial pitfalls

Mentioned in this episode

Organizations: AmeriServ Financial, Inc.

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