What the Winner of ‘America’s Got Talent’ in 2021 Will Receive.
On Wednesday, September 15, NBC will broadcast the America’s Got Talent 2021 grand final, in which the final 10 acts compete for the title of Simon Cowell’s talent show’s 16th winner.
Aidan Bryant, Brooke Simpson, Dustin Tavella, Gina Brillon, Jimmie Herrod, Josh Blue, Léa Kyle, Victory Brinker, the Northwell Nurse Choir, or the World Taekwondo Demonstration Team will take home the grand prize for 2021 at the end of the night.
However, there are a few stipulations to that award that aren’t stated on the show.
What does America’s Got Talent’s winner receive?
The main reward of America’s Got Talent is a headline position at the America’s Got Talent Las Vegas event, as well as a $1 million cash award.
The Luxor casino will host the performance, which will debut on November 4, 2021. Season 14 champion Kodi Lee, as well as famous artists from previous series who did not necessarily win, such as Preacher Lawson from Season 12, last year’s third place group Light Balance, and AGT and AGT: The Champions competitors Deadly Games, are also on the bill for the night.
The exact date on which the Season 16 champion will appear on the live program is unknown: Brandon Leake, the Season 15 champion, has yet to appear on the show. According to NBC News, he will appear for five weeks at the start of the show’s run.
The $1 million, on the other hand, is more complicated than it appears. Contestants have two options after winning the show: they can take the $1 million in installments or accept a lower lump prize.
“The reward, which totals $1,000,000, is payable in a financial annuity over forty years, or the competitor may choose to receive the present cash value of such annuity,” states a disclaimer at the end of the AGT credits.
This equates to $25,000 every year for the next 40 years. The size of the smaller lump amount has changed throughout time as tax rates have changed. The lump payment in Season 2 was roughly $375,000.
The Sun Herald reported in 2012 that Season 5 winner Michael Grimm received a lump sum payment of $200,000 for winning the competition.
There’s no denying it. This is a condensed version of the information.