According to Bloomberg it went like this before, the million dollar prize is actually a 40-year long annuity. The winner can expect an annual payout of only $25,000—before taxes, that is. The winner will be offered a lump cash payment in lieu of the annuity, but this will likely be in the $300,000 range (again, before taxes). How much would that be for the large gymnastics group. I think it's a fucking rip off because they say the winner gets $1 million 50 times a night. They probably do it on other prize winning shows too. I'd like to see that challenged in court if they don't make every contestant sign a waiver.