America's Got Talent

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Anybody that has missed Kevin Skinner and his performance on America's Got Talent, here it is. Anyone who watches, please vote for him if his performance validates it. Could not happen to a nicer guy with a great heart.
 

deven

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Originally Posted By: deven
[quote=hate2work] ...and Mr. Skinner is a rich man now!
Disclaimer at the end of the show: "The prize, which totals $1,000,000, is payable in a financial annuity over forty years, or the contestant may choose to receive the present cash value of such annuity." I'd still take the lump sum "present value".
 
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I wonder if they pay interest with that annuity? a 40 year $1M annuity would pay out about $30-35k/yr before taxes, hardly a rich man but I certainly wouldn't turn it down. He'll make more money from what comes to him in his future career.
 
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Originally Posted By: tom slick
He'll make more money from what comes to him in his future career.
I'm sure that these folks will make more than they ever have in their lives prior to the show, but I bet the contract they sign for the Vegas show is heavily skewed toward the producers of the show, with just enough money going to the performer to entice them at first...if the Vegas show runs 5 years, I wouldn't be surprised to hear that the performers complain that they aren't seeing their fair share of the profits.
 
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