Jeffrey Randall Allen, AKA Player 831, also spoke out about his motivations behind competing on the Amazon Prime Video show
BeastGames champion Jeffrey Randall Allen has revealed how much tax he could be forced to fork out on his winnings, with fans claiming the amount is ‘ridiculous’ and that he should simply ‘hand it back’.
Earlier this month, Allen, also known as Player 831, came out of the first season of YouTuber Jimmy ‘MrBeast’ Donaldson’s reality TV series, BeastGames, as the worthy winner.
The victor said he initially joined the new Amazon Prime Video programme to raise money for research into creatine transporter deficiency (CTD), a rare genetic disorder that his son Lucas suffers from.
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Appearing on an episode of The Iced Coffee Hour, the Californian explained that while his child does produce creatine, his brain and muscles don’t receive it because of a defective transporter in his blood.
“It presented when he was super young. He stated missing milestones; wasn’t able to sit up; wasn’t able to crawl. He’s not very verbal and doesn’t cry a ton,” Allen explained.
After months of doctors’ appointments and tests, Lucas eventually had an magnetic resonance spectroscopy scan (MRS) that showed creatine wasn’t moving around his body efficiently.
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Due to a lack of funding and there being no cure to CTD, Allen decided to start doing ‘funky things’ to raise awareness, including joining the inaugural season of BeastGames.
During his time on the game show, the contestant beat out 999 other contestants, including fellow finalist Twana Barnett, to triumph in the tournament.
Despite being promised a prize of $10 million, it appears that not all of it has gone to Allen and his charitable efforts.
Why? Because Allen will have to pay tax on his winnings, of course.
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“Everyone’s dying to know, how much is your tax payment?” the podcast host stated.
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The BeastGames winner was reportedly wired the full jackpot after winning the programme (Amazon Prime Video)
“Great question: I’m working on it,” replied Allen. “I think it all depends on what I do with the money this year.
“The crazy thing about MrBeast, he doesn’t withhold taxes when he kind of gives the distribution. So I literally got $10 million wired to me.
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“So, it’s up to me to do state taxes.”
The entertainment star explained that when it comes to paying taxes, how much he has to send the government will depend on how he invests it over the next year.
If he funnels it into funding research into his son’s rare illness and continuing his work with non-profit organizations, it’s expected he will pay a different sum than if he just had it sitting in the bank.
“TBD. Tune in, in about a year,” the podcast guest stated.
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Seemingly unsatisfied with Allen’s answer, the host pushed: “What percent do you think you’re going to end up paying?”
Allen claimed if he didn’t do anything with the money and it just sat in his bank account, then he would ‘guess’ his tax bill would be for about $5 million.
“If I didn’t donate to charity or if I didn’t give anything to a DAF [Donor-Advised Fund] or a CRT [Charitable Remainder Trust],” he reiterated.
Fans of BeastGames have previously taken to social media to reveal what they think about Allen’s potential to lose half of his winnings to tax, with one writing: “That’s ridiculous, I’d hand it back.”
Jeffrey Randall Allen believes he will owe $5 million in taxes if he doesn’t invest his winnings (Instagram/legacy.831)
A second reported: “There should be a law about game show winnings and lottery. The government steals so much it is disgusting. Think about how much was taxed before it changed hands as well.”
“That’s crazy, can’t they just make a MrBeast stable coin and payout their winners in beast coins?,” remarked someone else.
A fourth typed: “Mfs saying ‘I wouldn’t even take that’ are the biggest liars ever.”
You can watch all episodes of BeastGames season one on Amazon Prime Video now.
Conversation35 Comments
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That’s a massive difference between the United States and the United Kingdom…
In the UK when you win money on a game show or a lottery… you take it all home, the government does not give you a text bill
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People are all upset about a game show winner having to pay 50% in tax on their winnings… but the folks who pay that tax on money they’ve earned doing actual work aren’t paying their fair share, right? Hmm…
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Everyone cries ‘tax the rich’ until they can imagine a scenario where they think they could have been a winner. Sorry kids, it doesn’t work both ways.
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Will be approx 3.8m in taxes. Canada no tax either if you are lucky to win
Featured Image Credit: The Iced Coffee Hour/YouTube
Topics: MrBeast, Money, Amazon Prime, Entertainment, Film and TV
Ella Scott
Young couple reveal how they launched a multi-million dollar business with only $2,000
They only launched the brand five years ago
This article contains affiliate links and LADbible Group will make a commission on anything purchased
A young Australian couple have revealed how they launched a multi-million dollar business with only $2,000 AUD in their bank account.
Inspired by a gap in the market for high-quality men’s jewelry, Zak and Frei, then 23, decided to take the plunge and start their own business during lockdown.
“The idea started after months of searching for earrings for Zak and not being able to find anything that felt right,” Frei reflects. “We could see a need for pieces that blended individuality and art. Even though jewellery is a saturated market overwhelmed by overly feminine styles and uninspired men’s pieces, we decided to take matters into our own hands.”
After taking a jewelry course and investing $2,000 into their business idea, the couple started to create jewelry from their bedroom.
Lox and Chain
“Until September 2022, we made every single piece right from our bedroom. It was challenging to say the least. Making jewelry all day left our bedroom covered in silver dust and other compounds, which wasn’t healthy at all, but we loved the process and learned so much.”
Fast forward five years later, and Lox and Chain has earned global recognition, with fans from around the world rushing to purchase their unique designs. Zak’s first creation for the brand was the Knife Fight Pendant. Now, there are hundreds of other handcrafted, customisable designs to choose from online – each jewelry piece beautifully designed in Sydney and handcrafted in Denpasar, Bali.
With hundreds of rave reviews, it seems word has finally got out in the US, as even shoppers ‘who don’t usually wear jewelry’ can’t get enough.
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One review for the Memento Locket Signet Ring reads: “Indeed a fortunate and praiseworthy discovery, Lox and Chain. We happened upon these artists by chance and could not feel more celebratory. The piece is expertly crafted and sized as quoted, no adjustments. We are please beyond measure and will be ordering again soon.”
Another shopper shared, “The quality and attention to detail is amazing! Very unique pieces that are created.”
In just five years, the brand has made a name for itself selling customisable necklaces, signet rings, and bracelets – and is now worth millions.
With storytelling at its heart, Lox and Chain‘s latest collection includes memento lockets and ‘breakable’ heart necklaces designed to be shared.
Since word has made its way to the US, you might want to get your hands on the brand’s latest standout pieces, before they sell out.
Shop our top picks below:
Memento Locket Signet Ring
Lox and Chain
The Memento Signet Locket Ring will make a thoughtful gift, as a small photo can be placed inside the jewellery item. To make it completely bespoke, you can even have it engraved.
Crafted from solid sterling silver or gold with the brand’s signature bloodstone texture, it’s a keepsake that never has to be taken off.
“The quality and attention to detail is amazing!” one review reads. “Very unique pieces.”
Another customer shared, “Finally, a locket ring for men! I wanted to get my husband a sentimental gift that was also something he would love wearing. This was the perfect gift! I have never seen a locket ring for men and was so excited for this find. The quality is amazing and he was so happy with it.”
Breakable Heart Pendant
Lox and Chain
The Breakable Heart Pendant is designed to break apart to form two separate necklaces, one for you and one for your other half. According to Lox and Chain, this represents a ‘symbol of connection, distance, and love in all its forms’. The best part? It’s made to withstand water, time, and everyday wear and tear.
Boot Lighter Carabiner
Lox and Chain
Artfully crafted to clip onto a carabiner, the Boot Lighter Carabiner comes with a sterling silver-plated frame, and will make a great gift for people with attention to detail.
In case you needed any further convincing, one five-star review reads: “Made really well you can see the unique etchings from when it was hammered. My boyfriend loved it.”
