Skip to main content
Tags: 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 EDT

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.

© 2024 Newsmax. All rights reserved.


Newsfront
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
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
TOP

Interest-Based Advertising | Do not sell or share my personal information

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved
Download the Newsmax App
NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved