I was on Nickelodeon game show Get the Picture back in the early 90s. I was 12. I won $500 and a bike. I had to pay taxes in both (nearly half their total worth), and the bike was trash. I already had a much better one. I donated it to recoup the loss.
This was season 2. Season 1 had better prizes, and my friend, who was also on (they scouted our school) got a much better haul.