'The Amazing Race' has been going robust since 2001. Do the second-place runner-ups get to take home a cash prize also? Here's the reality.
There’s a reason why The Amazing Race has been going strong since 2001. The show is currently on its 33rd season! Each season focuses on Eleven teams of 2 traveling high and low around the globe in an attempt to win a large money prize of $1 million. Taking home a $1 million praise for profitable such a difficult show is extremely life-changing.
People who make a selection to participate in The Amazing Race know that they are going to have to take care of some very tough demanding situations on their highway to the end. We know the first-place winners take home a whopping million-dollar reward upon finishing the game, however what concerning the second-place runner-up? Here’s what you must know.
Is there a second place prize on 'The Amazing Race'?
There’s excellent information for people who take part in The Amazing Race with out in the long run finishing in the first place! According to IB Times, the runner-ups additionally get to take home some cash too. The staff eradicated in eleventh place takes home $1,500. Each team eradicated after that will get an build up of funds.
In order from tenth to 4th place, runner-up teams take home $2,500, $3,000, $3,500, $4,000, $5,000, $6,000, and $7,000. The staff who finishes in 3rd place takes home $10,000 and the second-place finishers earn $25,000. Whether you in fact win the show or not, it still turns out profitable to take part with all this cash on the road.
Aside from a bunch of cash, what else do contestants win on 'The Amazing Race'?
Some of the opposite prizes made available on The Amazing Race come with trips and automobiles. Keep in thoughts that everything is taxed. When it involves benefiting from the commute prizes, things aren't as best as they might seem. Mark “Abba” Abbattista from Season 21 instructed the AV Club, “You don’t get to go on any of your trips until after your season airs … you pay taxes as it’s regarded as income as a prize."
He continued, "So if the shuttle is worth $10,000, guess what? You owe Uncle Sam $3,500. And they are not all-inclusive. Your air [fare] is paid for, and your resort, and they come with any other things like massages or a snorkel go back and forth … but all the food is now not included. So you’re spending cash and going to places that you simply’re no longer necessarily all for.”
He additionally added, “I don’t know if a lot of people ever use the trip or now not, as it is an expense and not everyone has the resources to do that. It sounds excellent in concept, however I think a fair amount of them don’t get used." He discussed that a lot of other folks most certainly sell the auto that they win all through their time on The Amazing Race too.
Anyone who chooses to stay the auto they win has to pay taxes and insurance for it out of their very own pocket.
New episodes of The Amazing Race air Wednesdays at 8 p.m. EST on CBS.
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