I won a gift bag in the Bachelorette Tahitian Getaway sweepstakes. ABC said it was worth $3,655.00. When it arrived, it was all men's stuff-clothes, size 13 trainers, Anthony's lotions, etc. and 5 suitcases and backpacks, none of which matched. I totalled the retail value for the merchandize and it came to less than $2,000. I don't know if this was ABC's fault or the prize company in New York, but I will never enter another ABC sweep.
Bachelorette Tahitian Sweepstakes
- Thread starter lsipes
- Start date
:wave: lsipes Congrats on the win!!! :headbang:
fyi - check out this thread:
ARV and your taxes {TY to LIDARKSIDE}
http://www.sweepstakesplus.com/smf/arv-and-your-taxes-ty-to-lidarkside-t50686.0.html
When you win a sweepstakes prize, you are only required by the IRS to report the fair market value (FMV), not the sponsor's approximate retail value (ARV); but how do you go about finding out what the FMV is and how do you handle the difference on your taxes? Find out here.
fyi - check out this thread:
ARV and your taxes {TY to LIDARKSIDE}
http://www.sweepstakesplus.com/smf/arv-and-your-taxes-ty-to-lidarkside-t50686.0.html
When you win a sweepstakes prize, you are only required by the IRS to report the fair market value (FMV), not the sponsor's approximate retail value (ARV); but how do you go about finding out what the FMV is and how do you handle the difference on your taxes? Find out here.
ABC.Com - Bachelorette Tahitian Getaway Sweepstakes
Grand Prize (1 winner): 9-day/8-night trip for two (2) to Tahiti, Raiatea and Bora Bora. Trip prize consists of: round-trip coach air transportation for two (2) from a major international airport near winner's legal U.S. residence (as selected by Sponsor) to Los Angeles; round-trip coach air transportation for two (2) from Los Angeles to Papeete via Air Tahiti Nui; 4-nights accommodations in an overwater suite at Le Taha'a Island Resort & Spa, airport transfers via boat, daily breakfast for two (2), one (1) breakfast delivered by outrigger canoe, one (1) couples massage at the Manea Spa; 4-nights in an overwater bungalow at Hilton Bora Bora Nui Resort & Spa, "Day in Paradise" Picnic on secluded Motu Tapu, daily breakfast for two (2), one (1) breakfast delivered by outrigger canoe, one (1) couples massage with the "Million Dollar View." Prize also includes Inter-island air from Tahiti to Raiatea (Taha'a), from Raiatea to Bora Bora and Bora Bora back to Tahiti, one (1) Vanilla Farm and Pearl Farm excursion on Taha'a for two (2), one (1) shark and ray feeding on Bora Bora for two (2), and one (1) night in Papeete Tahiti (as determined solely by Sponsor) if necessary for connection to the outer islands. (ARV of Grand Prize: $14,000.00).Weekly Prizes (1 winner per Sweepstakes Period -- 10 total winners): A Bachelorette Merchandise Gift Bag. ARV: $3,655.70 each. Limit of one (1) prize per person during the entire Promotion Period, regardless of the number of email addresses or accounts a person may have.
Restrictions : 18+ US | Hits : 9077 | Added : 05-24-10 | Expired : 08-01-2010 | Rules
Entry Category : Daily Sweepstakes
Grand Prize (1 winner): 9-day/8-night trip for two (2) to Tahiti, Raiatea and Bora Bora. Trip prize consists of: round-trip coach air transportation for two (2) from a major international airport near winner's legal U.S. residence (as selected by Sponsor) to Los Angeles; round-trip coach air transportation for two (2) from Los Angeles to Papeete via Air Tahiti Nui; 4-nights accommodations in an overwater suite at Le Taha'a Island Resort & Spa, airport transfers via boat, daily breakfast for two (2), one (1) breakfast delivered by outrigger canoe, one (1) couples massage at the Manea Spa; 4-nights in an overwater bungalow at Hilton Bora Bora Nui Resort & Spa, "Day in Paradise" Picnic on secluded Motu Tapu, daily breakfast for two (2), one (1) breakfast delivered by outrigger canoe, one (1) couples massage with the "Million Dollar View." Prize also includes Inter-island air from Tahiti to Raiatea (Taha'a), from Raiatea to Bora Bora and Bora Bora back to Tahiti, one (1) Vanilla Farm and Pearl Farm excursion on Taha'a for two (2), one (1) shark and ray feeding on Bora Bora for two (2), and one (1) night in Papeete Tahiti (as determined solely by Sponsor) if necessary for connection to the outer islands. (ARV of Grand Prize: $14,000.00).Weekly Prizes (1 winner per Sweepstakes Period -- 10 total winners): A Bachelorette Merchandise Gift Bag. ARV: $3,655.70 each. Limit of one (1) prize per person during the entire Promotion Period, regardless of the number of email addresses or accounts a person may have.
Restrictions : 18+ US | Hits : 9077 | Added : 05-24-10 | Expired : 08-01-2010 | Rules
Entry Category : Daily Sweepstakes
I won a golden globes gift bag from Extra TV which had a declared value of $15,000. aside from a few nice handbags (1 retailed for $1500) the rest of the stuff in the box wasn't too exciting. The actual value of the items came to around $6000. I sent an email to extra about it and they said they base the value on what the companies who donate the items tell them. they also said this type of giveaway is not reported to the irs because they would have to report each item individually.