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Ever win a contest?
Old 12-17-2013, 11:44 AM   #1
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Ever win a contest?

I entered this contest and won a $2,000.00 chair! It will be delivered "after Christmas." I only won one other thing in my life and that was a small promotional umbrella from a transplant medicine company that was a door prize at a organ transplant recipient annual Christmas dinner.

We have this brand of furniture. It is something that my wife has "always wanted," like the helicopter lessons that I had never heard of! When the stock market last took off we sold some stocks and bought things like a whole house generator, new cars, and fine leather furniture.

This is the picture in the email that I entered. I won the leather chair in the picture. My wife is very happy. I don't know whether we will have to pay tax on it or not.

Did anyone else ever win something in a contest?

Mike D.
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Old 12-17-2013, 12:24 PM   #2
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DH won a Harley Davidson a couple of years ago, valued at $14,999. I forget what he netted overall, after he had to insure it and pay registration on it--basically take possession of it so that he could sell it back to the dealer where he took delivery.

Yes, we did have to pay taxes on it, and yes, I did get a letter from the IRA, asking why the winnings 1099 or whatever we got showed a value of $14,999 where we showed a value decreased by all the expenses we had to pay to net the cash.

They accepted my explanation about what was taxable and we owed no more taxes on that win. I was really proud of myself!
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Old 12-17-2013, 12:27 PM   #3
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I have never won anything, but from what I understand, Accidental Retiree's post is completely right.

I just wanted to say.... beautiful chair! Looks very comfortable, too. Congratulations.
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Old 12-17-2013, 12:27 PM   #4
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I won a bicycle once. Even had a Vroom motor!
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Old 12-17-2013, 12:34 PM   #5
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I won a trip to Hawaii for two. It included airfare and lodging. By the time the trip was over it cost me a couple of thousand.

Then I won a trip to London (both trips won in golf tournaments). I immediately sold the winning ticket................
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Old 12-17-2013, 12:38 PM   #6
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I seem to be lucky (sometimes) with drawings. The good news...I have won two snowboards from two different charity fund raisers. The bad news is I don't snowboard.
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Old 12-17-2013, 12:49 PM   #7
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We've never won the "grand prize" in anything. The most valuable items we've ever won were a 19" Sony TV (tube days) and an HP All-in-One printer, both at company Christmas parties. We usually get the door prize or nothing, but that's just fine...

Come to think of it we won a Caribbean charter vacation valued at over $2000 (grand prize) from the Leukemia & Lymphoma Society. But we declined and asked them to auction it off and put the funds toward LLS.

I guess we've won more than our fair share, didn't realize it before...
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Old 12-17-2013, 12:55 PM   #8
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Nice chair!

I used to buy a few hundred dollars worth of tickets at the kids' school raffles and win things like free dinners, gift certificates, an MP3 player and a wine rack. The numbers of tickets sold was usually so low (limited sales audience) and the value of the donated prizes so high that unlike a casino, with enough tickets in play the odds of winning were actually higher than losing, and the ticket sales went to a good cause.

I have a retired friend who enters contests and raffles for a hobby and she wins all sorts of prizes every year - many free dinners, gift certificates and vacations.
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Old 12-17-2013, 12:57 PM   #9
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Won "Both" type of items (money) the REAL thing and the "Hook and Bait" stuff. Be careful, but is sounds like you folks won the REAL stuff. Congrats!!
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Old 12-17-2013, 01:24 PM   #10
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I have won two notable things.

The first was in high school I signed up for a "Pass of a Lifetime" contest sponsored by a local ski area. You sent in your name and address and a small amount of money and they sent you a day pass and entered you in the contest. I sent in mainly for the day pass. About six month later I was notified that I won a lifetime pass. I used it all through college and shortly after I graduated the ski area went bankrupt and the buyer of the ski area refused to honor it so I was out of luck.

The second is that I once won a nice mountain bike in a golf tournament as the closest to the pin prize. The funny thing is that the pin was in a dangerous spot and I didn't want to screw up the good round I had going so I was aiming for the middle of the green but pushed my tee shot and as luck would have it I ended up about 3' from the pin.
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Old 12-17-2013, 01:44 PM   #11
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Originally Posted by pb4uski View Post
The second is that I once won a nice mountain bike in a golf tournament as the closest to the pin prize. The funny thing is that the pin was in a dangerous spot and I didn't want to screw up the good round I had going so I was aiming for the middle of the green but pushed my tee shot and as luck would have it I ended up about 3' from the pin.
Like my golf buddies always used to say, good thing the scorecard records 'how many' and not 'how'.

I had a hole in one 44 years ago (still waiting for another), the shot missed the green, but banked off a slope and somehow rolled about 60 feet and into the hole. It wasn't even a good shot, or what I had in mind...pure luck.
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Old 12-17-2013, 01:52 PM   #12
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Like my golf buddies always say, good thing the scorecard records 'how many' and not 'how'.

I had a hole in one 44 years ago (still waiting for another), the shot missed the green, but banked off a slope and somehow rolled about 60 feet and into the hole. I wasn't even a good shot...
LOL. Great story. I'd rather be lucky than good.

No holes in one for me. Closest was 6" from the hole on a long (200 yard) par 3.

I did have one time where I hit an approach shot to an elevated green right at the flag and heard a clunk. I thought I hit the pin but the clunk was actually the ball going into the hole on the fly. Of course, I never got the pleasure of seeing it go in since the green was elevated. Too bad I had muffed my tee shot so it was only a birdie rather than an eagle.

But I digress.... sorry folks...
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Old 12-17-2013, 02:47 PM   #13
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Originally Posted by MikeD View Post
My wife is very happy. I don't know whether we will have to pay tax on it or not.

Did anyone else ever win something in a contest?

Mike D.
Congrats on the win. Since this is valued over $600, you should get a 1099 for it. Normally, they'll make you fill out the tax papers before giving you the chair.

We've been really lucky this year winning prizes. DW won a 55" Samsung LED 3D TV in Jan, then I won a $11k (incl cash prize) camping/picnic prize this fall and got it re valued down to $4700. By the time we finally got the award letter, we won't be able to do the camping/picnic portion until spring next year. I just won an Iphone 5C that is being sent to me within the week or so, I plan on selling this. We also won another 6-8 gift card type prizes valued between $50-$100.
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Old 12-17-2013, 03:52 PM   #14
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My "growing prize" several years ago:

I bought a couple of tickets for a high school raffle from a guy at work and just threw them in my desk.

A couple of months later, he comes by and asks if I had picked up my new 19" TV? (apparently, I won a prize - a CRT TV at that time).

I was told the TV was at the school and I had to go get it. Well, I went to the school and they said the 21" TV was to be picked up at Walmart.

So I went to Walmart and stopped at customer service and asked. They said the 25" TV will have to be pulled out of stock and I cold come by later and get it.

So after work, I head to WM and pick up the TV (a 29" RCA).

I asked the CS person at WM why a 29" instead of a 19"? Just got a blank stare...and I left.
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Old 12-17-2013, 04:17 PM   #15
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My "growing prize" several years ago:

I bought a couple of tickets for a high school raffle from a guy at work and just threw them in my desk.

A couple of months later, he comes by and asks if I had picked up my new 19" TV? (apparently, I won a prize - a CRT TV at that time).

I was told the TV was at the school and I had to go get it. Well, I went to the school and they said the 21" TV was to be picked up at Walmart.

So I went to Walmart and stopped at customer service and asked. They said the 25" TV will have to be pulled out of stock and I cold come by later and get it.

So after work, I head to WM and pick up the TV (a 29" RCA).

I asked the CS person at WM why a 29" instead of a 19"? Just got a blank stare...and I left.
You shoulda waited a few more days, would've been a 36"! Funny story, thanks.
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Old 12-17-2013, 04:41 PM   #16
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I am long overdue. $50 from golf tournament, boombox from car dealer were the two biggest prizes I've ever won. I am buying a lotto today. The carryover grand prize is over $500M. Like I said, I am long overdue.

Good to see that winning a big ticket item from contest is not a myth. It does really happen to some.
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Old 12-17-2013, 04:44 PM   #17
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I won a free Coke at Jerry's Sub Shop. Admittedly I did not report it on my income tax.
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Old 12-17-2013, 04:53 PM   #18
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2 free tickets to anyplace Southwest Airlines flies, from Austin, TX. I used it to take my 2 daughters to Disneyland (which I also had free tickets for). The free Disney tickets were given out by Disney to military personnel during the first Desert Storm. The airline tickets, I won in an MWR (Morale, Welfare & Recreation) drawing on the Air Force Base where I worked.
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Old 12-18-2013, 09:48 AM   #19
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A sub shop had a business card drop .. Me and ten "friends" won free lunch from a Merrell Lynch Rep ..... err, never mind.
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