Financial Secrets of Game Shows: Advice From Past Winners

Financial Advice from Game Show Winners
Financial Advice from Game Show Winners

Whenever I watch a game show (Jeopardy and Minute to Win It are popular at our house) or see how much the latest lottery winner has won, I always cut the winning amount in half -- that's basically what they'll end up with after the taxman takes his cut.

SmartMoney recently detailed all the things game shows don't tell you, including the fact that the IRS sometimes ends up just as big of a winner as the winner does. WalletPop hunted down some game show winners and asked them about their experience and if they could offer any financial advice. Here's what they had to say and what aspiring game show contestants should expect: