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* Paramount's Modern Madcap characters Jeepers and Creepers in ''Busy Buddies'' had Creepers hard up for enough money to pay an IRS debt. Jeepers enters him in a boxing contest. He wins (thanks to some chicanery from Jeepers and pays his debt, but now he still owes for the money he just won. Jeepers enters him in a rodeo contest which gets Creepers hospitalized. He won the contest but now he ''still'' owes for what he just won. When Jeepers says he'll think of something, Creepers jumps out of his hospital room window.
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* Paramount's Modern Madcap characters Jeepers and Creepers in ''Busy Buddies'' had Creepers hard up for enough money to pay an IRS debt. Jeepers enters him in a boxing contest. He wins (thanks to some chicanery from Jeepers Jeepers) and pays his debt, but now he still owes for the money he just won. Jeepers enters him in a rodeo contest which gets Creepers hospitalized. He won the contest but now he ''still'' owes for what he just won. When Jeepers says he'll think of something, Creepers jumps out of his hospital room window.
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Changed line(s) 156 (click to see context) from:
* Paramount's Modern Madcap characters Jeepers and Creepers in ''Busy Buddies'' had Creepers hard up for enough money to pay an IRS debut. Jeepers enters him in a boxing contest. He wins (thanks to some chicanery from Jeepers and pays his debt, but now he still owes for the money he just won. Jeepers enters him in a rodeo contest which gets Creepers hospitalized. He won the contest but now he ''still'' owes for what he just won. When Jeepers says he'll think of something, Creepers jumps out of his hospital room window.
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* Paramount's Modern Madcap characters Jeepers and Creepers in ''Busy Buddies'' had Creepers hard up for enough money to pay an IRS debut.debt. Jeepers enters him in a boxing contest. He wins (thanks to some chicanery from Jeepers and pays his debt, but now he still owes for the money he just won. Jeepers enters him in a rodeo contest which gets Creepers hospitalized. He won the contest but now he ''still'' owes for what he just won. When Jeepers says he'll think of something, Creepers jumps out of his hospital room window.
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Changed line(s) 156 (click to see context) from:
* Paramount's Modern Madcap characters Jeepers and Creepers in ''Busy Buddies'' had Creepers trying to win some money in a prizefight contest so he can pay his IRS debt. He wins and pays it off, but now he still owes for the money he just won. Jeepers enters him in a rodeo contest which gets Creepers hospitalized. He won the contest but now he ''still'' owes for what he just won. When Jeepers says he'll think of something, Creepers jumps out of his hospital room window.
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* Paramount's Modern Madcap characters Jeepers and Creepers in ''Busy Buddies'' had Creepers trying to win some hard up for enough money to pay an IRS debut. Jeepers enters him in a prizefight contest so he can pay his IRS debt. boxing contest. He wins (thanks to some chicanery from Jeepers and pays it off, his debt, but now he still owes for the money he just won. Jeepers enters him in a rodeo contest which gets Creepers hospitalized. He won the contest but now he ''still'' owes for what he just won. When Jeepers says he'll think of something, Creepers jumps out of his hospital room window.
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Changed line(s) 156 (click to see context) from:
* Paramount's Modern Madcap characters Jeepers and Creepers in ''Busy Buddies'' had Creepers trying to win some money in a prizefight contest so he can pay his IRS debt. He wins and pays it off, but now he still owes for the money he just won.
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* Paramount's Modern Madcap characters Jeepers and Creepers in ''Busy Buddies'' had Creepers trying to win some money in a prizefight contest so he can pay his IRS debt. He wins and pays it off, but now he still owes for the money he just won. Jeepers enters him in a rodeo contest which gets Creepers hospitalized. He won the contest but now he ''still'' owes for what he just won. When Jeepers says he'll think of something, Creepers jumps out of his hospital room window.
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Once was in the unfortunate position of suing a taxpayer who won a share of a Powerball jackpot but didn’t realize he had to pay local taxes on his winnings. He was audited years later but f neglected to pay after the audit. He got into a payment plan after getting served
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Mildly TruthInTelevision, as prizes are part of Other Income on US tax forms, which, unless you're obscenely wealthy or extremely bad at filling taxes out, isn't going to lose more than 30% to taxes, and inheritance taxes only kick in for the part that's above $5 million since 2011, so both would leave plenty of value for the recipient. (However, this was much more TruthInTelevision in works from the 1940s to 1980s, when marginal income tax rates were as high as 91%.) For perspective, in France, prizes are not considered income on the year you win them, whereas inheritance taxes and deductions can vary a lot depending on your relation to the deceased person, from extremely lenient if you are the widow(er), legal partner, child or grandchild of the deceased, to extremely punitive for an unrelated (i.e. without family ties) stranger. France's attitude to prizes is the same thing as in the UK, where your lottery win is exactly what you get; television competitions will also often describe cash prizes as being "[Amount] in tax-free cash" for the same reason. Fiction just likes to exaggerate it for comedic purposes.
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Mildly TruthInTelevision, as prizes are part of Other Income on US tax forms, which, unless you're obscenely wealthy or extremely bad at filling taxes out, isn't going to lose more than 30% to taxes, and inheritance taxes only kick in for the part that's above $5 million since 2011, so both would leave plenty of value for the recipient. (However, this was much more TruthInTelevision in works from the 1940s to 1980s, when marginal income tax rates were as high as 91%.) One does need to be careful about state and local taxes, however: while usually the amount is small, it's often not withheld from your winnings check, and frequently lottery winners and lucky gamblers find themselves doing their taxes or being audited to find they owe taxes on winnings they have already spent. For perspective, in France, prizes are not considered income on the year you win them, whereas inheritance taxes and deductions can vary a lot depending on your relation to the deceased person, from extremely lenient if you are the widow(er), legal partner, child or grandchild of the deceased, to extremely punitive for an unrelated (i.e. without family ties) stranger. France's attitude to prizes is the same thing as in the UK, where your lottery win is exactly what you get; television competitions will also often describe cash prizes as being "[Amount] in tax-free cash" for the same reason. Fiction just likes to exaggerate it for comedic purposes.
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Added example(s), Crosswicking
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* ''VideoGame/EiyudenChronicleRising'': Adventurers coming to New Nevaeh to explore the Runebarrows are charged an exorbitant entry fee, and those who ''can'' afford it (or get in by other ways, like with a stamp card) have 30% of their earnings taken as a tax by the acting mayor, Isha (because the town has to make money somehow). When Isha joins your party, that tax goes up to '''60%''' for CJ and Garoo, but she eventually relents and brings it back down to 30%.
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* ''Film/AbbottAndCostelloMeetTheInvisibleMan'': Discussed when a man delivers Lou his cash to take a dive, and Lou starts divvying it up into one thousand for him, one thousand for Bud, and four thousand for "him". When a confused Bud asks who's getting the largest share, Lou replies "The income tax man."
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* In ''WesternAnimation/TheNewBatmanAdventures'' episode "Joker's Millions", the Joker earns an inheritance of several million dollars from a rival gangster who passed away. However, after living it up and partying with his new fortune [[spoiler: he learns that most of the money the gangster gave him was fake. As part of the gangster's plan for revenge against the Joker, he set him up to blow through the legitimate part of the fortune so that when the IRS came to collect taxes, he wouldn't be able to pay them. Thus, Joker could either fess up to being tricked by a dead man and become the laughing stock of Gotham's underworld, or end up in prison for tax fraud.[[note]][[ArtisticLicenseLaw In reality]], inheritance taxes are deducted at the source and after the IRS verifies the inheritance's actual value, meaning they would have found the counterfeit money and simply taken their cut from whatever real money was left. Of course then [[AcceptableBreaksFromReality we wouldn't have an episode]].[[/note]]]]
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* In ''WesternAnimation/TheNewBatmanAdventures'' episode "Joker's Millions", the Joker earns an inheritance of several million dollars from a rival gangster mob boss "King" Barlowe, who passed away. However, after living it up and partying with his new fortune [[spoiler: he [[spoiler:he learns that most of the money the gangster Barlowe gave him was fake. essentially CounterfeitCash. As part of the gangster's plan for revenge Barlowe's posthumous prank against the Joker, he set him up to blow through the legitimate part of the fortune so that when the IRS came to collect taxes, he wouldn't be able to pay them. Thus, Joker could either fess up to being tricked by a dead man and become the laughing stock of Gotham's underworld, or end up in prison for tax fraud.[[note]][[ArtisticLicenseLaw Bonus brownie points for Barlowe as not only did he lay out his prank in a [[SpitefulWill Spiteful]] VideoWill and printed the bills with his face on them as an extra "in your face" to the Clown Prince of Crime, but that Joker can't go after him as he's long dead by the time the clown found out he's been had[[note]][[ArtisticLicenseLaw In reality]], inheritance taxes are deducted at the source and after the IRS verifies the inheritance's actual value, meaning they would have found the counterfeit money and simply taken their cut from whatever real money was left. Of course then [[AcceptableBreaksFromReality we wouldn't have an episode]].[[/note]]]]
