I’ll be answering if winners from who wants to be a millionaire gets taxed.
Do who wants to be a millionaire winners get taxed
Yes. Depending on what the winner receives, they’re required to report their income to the IRS and the deductions come out to 20-40% of their yearly income.
It’s common to see winners of game shows to get a income tax on their earnings, and it includes cars, appliances and any other big prize you can think of.
Conclusion
To answer the question again, yes, winners do get taxed and it’s fun to watch them win but if you want a more reliable way to possibly make this type of money yourself then check out my #1 recommendation page above.
RealTalkAJ 
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