Ed Pawlowski wrote:
....
According to my source, ...
... They have to meet certain guidlines in awarding the prize to be a
charitable setup for the show.

Does your "source" have the skinny on how taxes on the value of the
prize and other details of ownership transfer, etc., are handled? It
would seem unless the show either pays them up front or somehow else
finds a loophole most of these folks would go bankrupt trying to come up
w/ the IRS assessment on the value of the prize right off the bat.

After that, property taxes, higher utility bills, upkeep, etc., would
seem to be beyond the reach of most as well. I think it's too hokey to
be enjoyable to watch so have never seen an episode to completion but
have wondered some about the more practical and mundane aspects of what
happens after the bus leaves for good...

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