12/16/2023 0 Comments How much is the tax on xbox game pass![]() "I read that I would have $7300 of added taxable income to my 2023 taxes as a result if I claim the prize," the user explained of this process involved after their win. As a result, they ended up having to decline the win completely or risk paying a huge sum of cash. This money in question wasn't going to be owed to Microsoft, though, but instead would have been owed to the federal government in the form of added taxes. After initially accepting the prize, they began to fill out paperwork and realized that the lifetime Game Pass membership would be costing them substantially. In a recent post on Reddit, one user by the name of Elvite shared that they had won a lifetime Xbox Game Pass subscription through a sweepstakes with Microsoft Rewards. And while a lifetime membership to Game Pass is something that would feasibly save users a lot of money in the long haul, for those in the United States, this "free" prize might be more expensive than you would think. For those that are fully invested in the Xbox ecosystem, there's a good chance that they've become accustomed to seeing $14.99 (or $9.99) come out of their bank account each month to remain subscribed to Game Pass. An Xbox fan that recently had the privilege of winning a lifetime membership for Xbox Game Pass has revealed that they had to decline this reward for a rather unexpected reason.
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