Successful America’s Obtained Expertise doesn’t solely include main publicity, as hundreds of thousands of viewers tune in to look at the acts carry out week after week. As well as, winners additionally obtain a significant money prize.
The prize for successful AGT is $1,000,000, however the winners don’t truly pocket that a lot cash.
Each episode of the present ends with a disclaimer that claims, “The prize, which totals $1,000,000, is payable in a monetary annuity over 40 years, or the contestant might select to obtain the current money worth of such annuity.”
The $1,000,000 prize divided by 40 comes out to $25,000 a 12 months earlier than taxes. Those that need the cash abruptly can decide to take action, however the quantity can be far lower than $1,000,000 as soon as rates of interest are taken under consideration. In 2016, Forbes estimated the lump sum quantity to be $300,000 earlier than taxes.
The winner of every season additionally will get to headline a multiple-night AGT Dwell occasion in Las Vegas. Different previous performers from the present seem through the particular reside present.
Other than that, it’s as much as the celebs themselves to make use of the present to jumpstart their careers. Some previous winners, like Grace VanderWaal and Darci Lynne Farmer, have executed simply that. Others, like Season 19 winner Richard Goodall, have opted to maintain their day jobs (for him, it’s being a faculty janitor) and proceed acting on the facet.
Goodall informed Leisure Weekly that he plans to “make investments a bit” of the cash after which “plan sensible” for the longer term. “[My wife and I] don’t make any plans aside from what we discuss collectively,” he defined. “We’re not fancy individuals, so it’s not going to be something fancy or extravagant. We’re simply common individuals, and the cash is … we simply attempt to be conservative about it. We don’t know or expectations of what’s coming forward.”
America’s Obtained Expertise, Season 20, Tuesdays, 8/7c, NBC