Whether you're in the crowd waiting to "Come on Down!" and play The Price is Right or beating Jeopardy! contestants to the answers, you're probably dreaming of what you could do with all that cash and prizes. But TV game show winnings may be smaller than they appear.
Just like lotto winnings, Olympic medals, home run balls, and even free doughnuts, if you've won something of value, the IRS is going to want their share. Does that apply to game show winnings as well?