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New York, 6:44 PM
Mon Nov 16
31 posts in the last 24 hours

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  • posts about #prizes more →

    Nobel Prize In Physics Rewards Fiber Optics Expert, CCD Creators

    Nerds Beat Netflix's Recommendation System, Qualify for $1 Million Prize

    Zune Party Featuring Morgan Page at Snowmodo

    Snowmodo Investment Information PLEASE READ IMPORTANT INFORMATION

    The Prizes at Snowmodo

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    Dsmvwl  Admin  Promote to frontpage Approve user Ban user ×
    Image of izzledizzle28 izzledizzle28
    10/12/09

    In reply to Nobel Prize In Physics Rewards Fiber Optics Expert, CCD Creators
    glad to see someone won a nobel award for real results and achievements...
     Reply
    ilovexspin promoted this comment izzledizzle28 was starred izzledizzle28 was unstarred
    Image of Jrsy Devil's Advocate® Jrsy Devil's Advocate®
    10/11/09

    In reply to Nobel Prize In Physics Rewards Fiber Optics Expert, CCD Creators

    "It's a major award."
     Reply
    Jrsy Devil's Advocate® was starred Jrsy Devil's Advocate® was unstarred
    Image of Kaiser-Machead Kaiser-Machead
    10/11/09

    In reply to Nobel Prize In Physics Rewards Fiber Optics Expert, CCD Creators
    Since the current Nobel Prize is gold-wrapped chocolate, they can just split it evenly.
     Reply
    Kaiser-Machead was starred Kaiser-Machead was unstarred
    Image of TheCrudMan TheCrudMan
    10/11/09

    @Kaiser-Machead:
    Are these teeth marks.
    I thought it was chocolate.
    It isn't!
    Then why was it wrapped in foil?!
    It was never wrapped in foil!
     Reply
    Kaiser-Machead promoted this comment TheCrudMan was starred TheCrudMan was unstarred
    Image of Jrsy Devil's Advocate® Jrsy Devil's Advocate®
    10/11/09

    In reply to Nobel Prize In Physics Rewards Fiber Optics Expert, CCD Creators
    Nobel Prizes were being handed out like candy this week.
     Reply
    Jrsy Devil's Advocate® was starred Jrsy Devil's Advocate® was unstarred
    Image of puhsitch puhsitch
    10/11/09

    @Jrsy Devil's Bright Idea®: Actually, few people know that the Peace Prize is, in fact, made of fine Swiss chocolate.
     Reply
    puhsitch was starred puhsitch was unstarred
    Image of jepzilla jepzilla
    10/12/09

    @puhsitch: Why not? I'd kill for some good Swiss chocolate.
     Reply
    jepzilla was starred jepzilla was unstarred
    Image of GitEmSteveDave_Isn'tFreshPerked GitEmSteveDave_Isn'tFreshPerked
    06/27/09

    In reply to Nerds Beat Netflix's Recommendation System, Qualify for $1 Million Prize
    IIRC, according to a Science Friday from last year, a team had come close with 9.5%, and they got $50,000. So 1%=$950,000. I wonder if the prize committee will reveal their SAT scores.
     Reply
    GitEmSteveDave_Isn'tFreshPerked was starred GitEmSteveDave_Isn'tFreshPerked was unstarred
    Image of Jesus Diaz's Secret Male Lover Jesus Diaz's Secret Male Lover
    06/27/09

    In reply to Nerds Beat Netflix's Recommendation System, Qualify for $1 Million Prize
    I read about this is Wired... a long time ago. I was wondering how long it would take. That's awesome.


    Is the million taxable?

     Reply
    Jesus Diaz's Secret Male Lover was starred Jesus Diaz's Secret Male Lover was unstarred
    Image of OMG! Ponies! OMG! Ponies!
    06/27/09

    @Bill Nye's Secret Male Lover: Yes the prize money is taxable. All prize money is taxable. When you win the Nobel prize, your winnings are taxed.


    Rule 1 of the tax code: All income, unless otherwise excepted, is income.

     Reply
    OMG! Ponies! was starred OMG! Ponies! was unstarred
    Image of Crim Law Geek Crim Law Geek
    06/27/09

    @OMG! Ponies!:

    The money is taxable, but since it is presumably being split a certain number of times (let's say there's 10 team members), the tax raping won't be all _that_ bad. Also, if I win $1 million and Uncle Sam takes $500K, I'm still up $500K, which I do believe still counts as a "win".
     Reply
    Crim Law Geek was starred Crim Law Geek was unstarred
    Image of OMG! Ponies! OMG! Ponies!
    06/27/09

    @Crim Law Geek: It gets taxed at the rate for prize winnings regardless if it's a million dollar payout or a thousand dollar payout.


    The government doesn't take a cut out of the prize and then let everyone divvy what remains. Rather, it's paid out the people and then paid at tax time by the individuals. Additionally, their respective States and localities may further tax it. And hopefully, they wrote down the split method or some of it will go to lawyers.


    However, you are correct that it's better to be paid money even if some of it then goes to taxes.

     Reply
    OMG! Ponies! was starred OMG! Ponies! was unstarred
    Image of housewarmer housewarmer
    06/28/09

    @OMG! Ponies!: There's at least one exception - some legal settlements aren't taxable. The settlement has to be due to physical injury or illness, but a little creative structuring can fit almost anything into those categories.
     Reply
    housewarmer was starred housewarmer was unstarred
    Image of OMG! Ponies! OMG! Ponies!
    06/28/09

    @housewarmer: Personal injury awards aren't "prize winnings". It's not an exception because it's classified as something else. It's also why settlement is sometimes preferable to verdict. Awards for lost earnings are taxable (as income) while settlements, which typically do not break out the earnings, remain largely exempt.
     Reply
    OMG! Ponies! was starred OMG! Ponies! was unstarred
    Image of alikaz alikaz
    06/27/09

    In reply to Nerds Beat Netflix's Recommendation System, Qualify for $1 Million Prize
    algorithm to do what?
     Reply
    alikaz was starred alikaz was unstarred
    Image of Heliophage Heliophage
    06/27/09

    @alikaz:


    "Two front runners in the contest, Team Pragmatic Theory and Team Bellkor in Chaos, joined forces and submitted an algorithm that was 10.05 percent better than the one Netflix uses to recommend movies to its subscribers."

     Reply
    Heliophage was starred Heliophage was unstarred
    Image of Heliophage Heliophage
    06/27/09

    @Heliophage:


    Also, it's in the title.

     Reply
    Heliophage was starred Heliophage was unstarred
    Image of Kaiser-Machead Kaiser-Machead
    04/02/09

    In reply to Zune Party Featuring Morgan Page at Snowmodo
    Where is the kerflurggin' snowboarding clown I asked for? I want to see him careen down the slopes to the sound of Steppenwolf's Magic Carpet Ride, or maybe NIN's The Hand That Feeds.
     Reply
    Kaiser-Machead was starred Kaiser-Machead was unstarred
    Image of OMG! Ponies! OMG! Ponies!
    04/02/09

    @Kaiser '3D' Machead: The snowboarding clown is pictured. They even named him. "Morgan Page".
     Reply
    OMG! Ponies! was starred OMG! Ponies! was unstarred
    Image of Kaiser-Machead Kaiser-Machead
    04/02/09

    @OMG! Ponies!: Touche, haha
     Reply
    Kaiser-Machead was starred Kaiser-Machead was unstarred
    Image of Kaiser-Machead Kaiser-Machead
    04/02/09

    @OMG! Ponies!:
     Reply
    Kaiser-Machead was starred Kaiser-Machead was unstarred
    Image of Kaiser-Machead Kaiser-Machead
    04/01/09

    In reply to Snowmodo Investment Information PLEASE READ IMPORTANT INFORMATION
    Despite the knowledge that this is clearly a photoshop, you really must have a snowboarding clown at Snowmodo. If you don't, you fail.
     Reply
    Kaiser-Machead was starred Kaiser-Machead was unstarred
    Image of nutbastard nutbastard
    04/01/09

    @Kaiser 'April Fools' Machead:


    BLam-o the clown?

     Reply
    nutbastard was starred nutbastard was unstarred
    Image of Lite: hates Illinois Nazis Lite: hates Illinois Nazis
    04/01/09

    In reply to Snowmodo Investment Information PLEASE READ IMPORTANT INFORMATION
    You know what would be better than Snowmodo? Snowmodo featuring video of people being punched just before they eat.
     Reply
    Lite: hates Illinois Nazis was starred Lite: hates Illinois Nazis was unstarred
    Image of Epoch's apple copyright violation Epoch's apple copyright violation
    04/01/09

    In reply to Snowmodo Investment Information PLEASE READ IMPORTANT INFORMATION
    i was told i have to work this weekend, so sadly i won't be able to make it. good thing it's annual!
     Reply
    Epoch's apple copyright violation was starred Epoch's apple copyright violation was unstarred
    Image of AqueousBeef AqueousBeef
    03/31/09

    In reply to The Prizes at Snowmodo
    *Splooge*
     Reply
    AqueousBeef was starred AqueousBeef was unstarred
    Image of TheCapt TheCapt
    03/31/09

    In reply to The Prizes at Snowmodo
    You should come to Kansas City sometime. We could have a snowmodo...uh, no....a surfmodo...no, uh..... a beachm....dang it....uh, Oh I know... we can have a Bar-B-QModo!
     Reply
    TheCapt was starred TheCapt was unstarred
    Image of OMG! Ponies! OMG! Ponies!
    03/31/09

    @TheCapt: BBQmodo should be in North Carolina. With vinegar - not mustard.
     Reply
    OMG! Ponies! was starred OMG! Ponies! was unstarred
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