Sonja Flemming/CBS via Getty The Amazing Racehas awarded a large cash prize to the winners since its premiere in 2001 The season 37 winners took home the prize fund after the season finale on May 15 Contestants who don't win the jackpot also have the chance to earn other prizes The Amazing Racehas had no shortage of heart-racing photo finish wins over the years! Season 37 of theCBScompetition show came to a dramatic conclusion on May 15 when best friends and gamers Carson McCalley and Jack Dodge won and took home a large monetary prize. Fourteen teams of two entered the competition in Los Angeles and traveled over 29,000 miles across the world before ending up in Miami. Siblings Han and Holden Nguyen were the runners-up, while couple Jonathan and Ana Towns finished in third. Even though they didn't snag the first-place position, both pairs still reportedly scored some prize money. So, how much money did Carson McCalley, Jack Dodge and the past winners ofThe Amazing Racewin? Here's everything to know about whatThe Amazing Racewinners get. Michele Crowe/CBS via Getty Ever sinceThe Amazing Racebegan airing in 2001, the winning pair have received a jackpot of $1 million. However, the winners don't receive the full amount, since the money is taxed. "They most certainly will not keep the whole million dollars," Roby Sawyers, undergraduate director of North Carolina State University's Department of Accounting, toldThe News & Observerin 2022. Sawyers explained that the prize earnings are subject to both state and federal taxes, since the $1 million is considered income. "If you look at the $1 million earnings like it's the only income they have, my calculation has $300,000 taken out in federal taxes — 30%," Sawyers said. "But this number looks different with other income and children in your home." Depending on the state where each winner is located, Sawyers estimated that roughly $400,000 of the $1 million payout goes to state and federal taxes. John Paul Filo/CBS via Getty While the winners of the $1 million aren't determined until the finale, all the contestants have chances to win vacations, cars and other prizes throughout the season. Throughout the last 37 seasons, contestants have won a myriad of paid trips from sponsors Travelocity and Expedia, and other prizes, like cars from Ford. However, season 21 contestant Mark "Abba" Abbattista previously claimed in a 2013 interview with theA.V. Clubthat the vacations weren't completely "free." "So if the trip is worth $10,000, guess what? You owe Uncle Sam $3,500," he told the outlet at the time. "And they're not all-inclusive. Your air is paid for and your hotel and they include some other things, like massages or a snorkel trip, but all the food is not included. So you're spending money and going to places that you're not necessarily interested in." He continued, claiming, "I don't know if a lot of people ever use the trip or not, because it is an expense and not everyone has the resources to do that. It sounds good in theory, but I think a fair amount of them don't get used." Jeffrey Neira/CBS via Getty The Amazing Racefinale dwindles down to three final pairs. While the first place winners take home $1 million, the runners-up and the second runners-up also reportedly get some financial recognition. A fansite estimated during season 6 that the pair in second place got $25,000, while the third-place team reportedly got $10,000, perMen's Health. Sonja Flemming/CBS via Getty It's unclear what kind of compensation other contestants receive onThe Amazing Race, but Abbattista said that everyone gets "some kind of money for the order that you come in." Read the original article onPeople
