Jessica Sanchez’s win at America’s Got Talent was a full-circle moment, as it was nearly two decades ago when she first appeared on the show as a 10-year-old with a dream to win the show. While it didn’t happen back then, Jessica returned for season 20, and fulfilled her childhood dream while being the winner. On the finale, she sang Bruno Mars and Lady Gaga’s masterpiece, Die With A Smile, and not only did she win the hearts of the judges but also of the audience, which paved the way for her win, through live voting.
How much did Jessica Sanchez take home after winning America’s Got Talent 20?
It was reported that the winner would receive USD 1 million if they won the show, and since Jessica won, people surely expected that she had secured that massive amount. However, there’s a catch, so let’s take a look at the exact amount that Jessica might have won as the winner of America’s Got Talent. According to a report by TV Insider, while the prize money of AGT is USD 1 million, the winners cannot keep the entire amount. According to the report from the same outlet, the end of each episode of the competition is accompanied by a disclaimer stating that the total amount of USD 1 million is payable in a financial annuity over 40 years, or alternatively, the winners can receive the cash value of such an annuity. The disclaimer reportedly reads:
“The prize, which totals $1,000,000, is payable in a financial annuity over 40 years, or the contestant may choose to receive the present cash value of such annuity.”