Jaime
DIS Veteran
- Joined
- Oct 11, 2000
The major prize desciptions (DVC, cruises, other trips) valued higher than $600 all include money ($1,200 for a 4-day WDW trip up to $25,110 for DVC) to be used toward taxes: "This prize also includes US$--,---to help defray payment of taxes payable as a result of winning the prize. Sponsor makes no representation or warranty that the cash portion of this prize will be sufficient to pay winner's tax liability."
You can see the list here: http://adestinations.disney.go.com/...tml?CMP=OTC-VanURLYOMDRulesEng#YOMDPrizesText
The YOMD is requiring Canadians have to answer a skill testing question to win...required by Canadian law...In Canada we do not have to pay taxes on our winnings...so does that mean we wouldn't have to pay taxes if we won a major prize? Would they lower the value of the prize?