What 'Approximate Retail Value' Really Means on Any Prize
The ARV in the rules sets your tax bill and is often inflated. Here's how to read it on every prize type. 🧾
79 articles tagged high value.
The ARV in the rules sets your tax bill and is often inflated. Here's how to read it on every prize type. 🧾
Before a $600+ prize ships, the sponsor needs your W-9 — and a 1099 follows in January. Here's the paperwork trail. ✍️
Dream-wedding prizes bundle vendors who may not fit your date or city. Here's how to value one realistically. 💒
Won a car? The sticker price is only the start. Value it against taxes, insurance, and the cash option before you celebrate. 🚗
Brands rarely have the jackpot on hand — they insure it. Here's the prize-insurance business behind huge giveaways. 💰
EVs, e-bikes, and home solar are replacing the classic car prize. Here's what these green prizes are really worth to win. 🔋
The prize wasn't useful to her, but the resale was. How she sold a won electronics prize for near-retail — and why she still owed tax at its full ARV. 📺