Unable To Pay
Because of taxation on prizes, many winning contestants are not able to keep their winnings. At one point, ABC News even did a segment regarding the taxes. One man who was interviewed said that he won $57,000 in prizes but was expected to pay almost $20,000 in taxes.
Current executive producer Mike Richards spoke to The New York Times and said the show sends a letter to all winning contestants informing them of the cost of taxes before they can receive their prizes. He also claimed that since he began the position in 2008, all Showcase Showdown winners did collect their prizes and pay their taxes. However, this is certainly not the only unsavory information that has come out about the show!
