Tags: Hollywood | IRS | james holzhauer | jeopardy | taxes | california | game show

What Is Tax Man Cometh for 'Jeopardy' Champ's Winnings?

James Holzhauer delivers public remarks outside in las vegas
James Holzhauer (Caroline Brehman/AP)

By    |   Tuesday, 04 June 2019 08:44 PM

Former "Jeopardy" champ James Holzhauer will likely have nearly half of his $2.462 million winnings from his 32-game winning streak whacked by taxes, according to a sports media analytics company.

The pro sports bettor is a resident of Nevada, but the game show took place in California — which means he is on the hook for taxes that are the highest in the nation, at 13.3%, The Action Network reported.

Holzhauer told the outlet the actual check he got this week had those taxes withheld.

But federal and California taxes will trim the net winning to $1.29 million — a wrenching 47.6% cut, The Action Network reported.

Ken Jennings is still the all-time "Jeopardy" earnings champ, taking home more than $2.5 million after his 74-game winning streak in 2004.

Holzhauer set a record during his run for most money won in the single game — the show that aired April 17 in which he won $131,127, The Hill noted.

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Nearly half of his $2.462 million winnings from former "Jeopardy" champ James Holzhauer will likely be whacked by taxes, according to a sports media analytics company.
james holzhauer, jeopardy, taxes, california, game show
156
2019-44-04
Tuesday, 04 June 2019 08:44 PM
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