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That sucks. In Australia (as with most countries), you get 100% of the winnings.
Same as The Amazing Race, the second placer gets 100k as well. (whether it has changed or not I do not know)
Also, is it true that the 1 million prize is not really given in cold cash (assuming its given without tax implication, but of course it has) i mean that the winner needs to wait for some time for his prize to be one million, or he/she has the option to just receive the "present value" of the million dollar prize?
Quote from: Jobby on December 23, 2013, 12:41:59 AM Same as The Amazing Race, the second placer gets 100k as well. (whether it has changed or not I do not know)That is NOT correct.... wish it was true!
Here in the Philippines, prizes and winnings have a final withholding tax of 20%. So for gameshow winners, if they won the grand prize of 1M pesos, they just ended up with P800,000.
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