How Do Game Show Winnings Affect Your Taxes?

Imagine this: you’ve made it to the final showcase of a popular game show – and the grand prize is the largest lump sum of cash in TV history. Suddenly, the host announces that you have just nabbed the top spot! Thousands of people win big on game shows every year. The chance of hitting

The post How Do Game Show Winnings Affect Your Taxes? appeared first on The TurboTax Blog.

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