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I was laid off, but then I won $10 million in MrBeast’s game show—here’s what Jeff Allen plans to do with his new fortune and ‘daunting’ millionaire status

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  • Ever wondered what it’d be like to win millions in a MrBeast competition? Jeff Allen did exactly that. He reveals exclusively to Fortune what it’s like winning $10 million—the largest prize fund ever awarded for a competitive reality TV show—how he’s investing the cash, and why he’s not going to let it put a pin in his career.

When MrBeast—whose real name is Jimmy Donaldson—put out a calling last year for 1,000 contestants for a new reality competition show, Jeff Allen was skeptical. Allen had just lost his job, and he was dealing with the realities of having a son with a rare brain disease. But, he decided to take a leap of faith and made it on the show as contestant number 831. 

After weeks of filming that took him to Las Vegas, Panama, and Toronto, he was crowned victory and left $10 million richer, the largest sum ever awarded in a competitive reality TV show—but the adjustment hasn’t been as easy as he expected.

“It’s a blessing to win $10 million and have 10 million eyes from all over the world on you and hear about my son’s rare brain disease,” Allen tells Fortune. “But also it’s a little daunting.”

While during Beast Games, Allen had to deal with pulling a monster truck, finding a golden ticket, and opening mystery briefcases, he’s now fighting new challenges—like figuring out what to do with his newfound millionaire status and how to stretch it as far as possible to find a cure for his son’s disease.

In it for the platform—not the money

Allen’s youngest son, Lucas, was born with a rare genetic disorder called creatine transporter deficiency (CTD), which has caused a deficit in his brain development. According to the Association for Creatine Deficiencies (ACD), an estimated 35,000 individuals have the condition. Allen has made it his life’s mission to bring awareness to CTD—and one day help find a cure for it. 

That’s why during the countless times Allen had the opportunity to take one of the game’s bribes—even $1 million—to leave the game, he stayed. During each episode of Beast Games, a portion of the original 1,000 contestants were eliminated or left with a bribe, with only six remaining by the 10th and final part.

However, Allen says he was never in it for the money. By episode eight, Allen was spotlighted, and he shared Lucas’s story with the world. By episode 10, it was hard to not root for Allen, knowing what he hoped to do with the money.

“My ultimate aim for joining Beast Games was to have a platform to talk about my son—Lucas’s rare brain disease,” he tells Fortune, adding that it wasn’t until episode 10 that he realized he could even take home the life-changing amount of cash. 

“I realized, wait, I’m this far, I can also win this thing,” he says. “I got the best of both worlds, and it’s crazy to even think back to it.”

In total, Beast Games won 44 Guinness World Records while recording, including the largest physical cash prize on set.

After recording for the show wrapped up in the fall, Allen and his family had to stay quiet about his victory, but it didn’t stop him from raising awareness for CTD. He recently spent 18 days rucking across California. He hiked 365 miles in total, with weights on his back, and raised over $140,000 for the ACD. As a volunteer board member of the organization, he hopes the whole world will soon know about the disease.

“Our aim as parent advocates is to find solutions for our kiddos and to help families who aren’t even who aren’t even formed yet, to be able to avoid struggling and suffering the way our families do today,” he says.

Heidi Wallis, executive director of the ACD, says Allen has “jolted” the organization’s parent-powered movement. During the week of the Beast Games finale, the ACD website experienced 100 times the usual traffic. Weeks later, website visits are still 10 times higher than usual.

“Together, we are creating a future where every child with CTD can be diagnosed promptly and treated effectively. Thanks to this elevated awareness, more families have found support — and hope for a cure,” Wallis says.

Allen hopes to raise $40 to $50 million for the organization to hopefully fund a clinical trial and find a cure. 

So, what do you do with a cool $10 million?

At the start of Beast Games, the grand prize was only set to be $5 million, but a plot twist in the final episode caused the pot to double to $10 million. Allen says that only after the show was released was he wired the money.

Immediately, Allen moved a majority of his money into a high-yield U.S. treasuries cash reserve, and his financial advisor at Arta Finance, Emmy Sakulrompochai, helped him set up an estate plan that included a special needs trust to ensure his son has long-term financial support.

Allen also donated $200,000 to charity to help fund research for CTD, with plans to make a larger donation later this year. 

“His goals are pretty clear, that he wants to stand up all his money,” Sakulrompochai tells Fortune. “He wants to be able to grow and invest that over time so that he could create impact as much as possible within the research.”

She adds that for anyone who encounters a new large sum of money, it’s critical to think about long-term goals before spending it. Otherwise, you might run into major tax issues later or simply end up losing it all like some lottery winners. Allen may owe the government $2.5 million due to income taxes, but by investing the money in the meantime, he may be able to lessen the burden. 

And despite the challenges that come with being a millionaire and internet sensation, Allen says he isn’t going to let it all put a permanent damper on his career.

“I do have an appetite for business,” Allen says. “I love the sales and operations side of it. Right now, I haven’t dove back into anything quickly, but it’ll be hard to keep me away for a long time.”

“At the end of the day, it’s good problems to have,” he adds. “Overall, I’m happy and I’m blessed.

This story was originally featured on Fortune.com



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DOGE’s plans for Social Security are a ‘backdoor’ way to cut payments, experts warn: ‘This is the most serious threat I’ve ever seen to it’

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  • Elon Musk’s government efficiency team, DOGE, is taking aim at Social Security, claiming fraud while pushing controversial changes that could make it harder for seniors to access benefits. Critics, including Mark Cuban, say the changes are part of a “backdoor” effort to cut payments and gut the agency.

Elon Musk’s Department for Government Efficiency has a new target in its quest to eliminate government waste: Social Security.

Musk and the DOGE team have accused the agency of being engaged in widespread fraud, most notably claiming that tens of millions of dead people are erroneously receiving payments.

To curb some of this claimed identity fraud, the agency is enforcing stronger identity proofing procedures: a proposal that would force millions to file Social Security claims in person.

The change has been criticized by some, including billionaire Mark Cuban, who called the move a “backdoor way to cut payments.”

Former SSA officials and experts have echoed Cuban’s comments and raised concerns about the impact DOGE’s initiatives could have on Social Security payments.

“SSA recently required nearly all agency employees, including frontline employees in all offices throughout the country, to work in the office five days a week. This change ensures maximum staffing is available to support the stronger in-person identity proofing requirement,” a Social Security spokesperson told Fortune in an emailed statement. “The agency will continue to monitor and, if necessary, make adjustments, to ensure it pays the right person the right amount at the right time while at the same time safeguarding the benefits and programs it administers.”

Backdoor benefits cut

Laura Haltzel, a former associate commissioner at the Social Security Administration who resigned in late February, told Fortune DOGE was using the pretense of fraud within the agency as a way to reduce the amount of benefits being paid out.

The agency announced on Tuesday that individuals who are unable to verify their identity through an online My Social Security account will need to visit their local Social Security office to do so in person. A leaked memo also hinted that Social Security phone support may end identity verification, which would also increase in-person visits.

In response to the new identity proofing measures, the Social Security Administration also plans to expedite the processing of direct deposit change requests—both online and in-person—to just one business day, a significant reduction from the previous 30-day hold.

Several people, including Cuban, have raised concerns about how this could affect senior citizens living off Social Security checks.

“How many seniors who live exclusively off of their SS checks can afford internet? How many seniors no longer have a SS office near them now that dozens have been closed? What are people without internet or the ability to travel, or don’t have an office near them supposed to do if they need to reconfirm their bank account,” the billionaire said in a post on X.

Haltzel said that the changes would make it more difficult for some Americans to access their benefits while doing little to target actual fraud. She said the changes amounted to a “de facto” Social Security cut, the Trump administration’s promise not to touch the popular benefit.

“It’s creating an environment where the very beneficiaries we’re trying to serve are simply not going to be able to access the benefits they’ve paid for,” she said.

“We have always tried to make it easier for claimants…more efficient for claimants. And the justification that’s being put forward for why they are pushing this is the idea that there’s a great deal of fraud taking place,” she said. “Well, the math there just doesn’t add up.”

According to the SSA’s inspector general, only 0.3% of claims are attributable to fraud. Social Security’s payment accuracy rate is over 99% and the agency has several safeguards in place against improper payments, according to the progressive think tank Center on Budget and Policy Priorities.

Tiffany Flick, a former chief of staff at the U.S. Social Security Administration, has also said DOGE’s takeover of SSA appeared to be “based on the general myth of supposed widespread fraud.”

In a court filing, Flick raised concerns about DOGE staffers’ ability to protect sensitive taxpayer data. She said she was “not confident” that DOGE employees had “the requisite knowledge and training to prevent sensitive information from being inadvertently transferred to bad actors,” as the team had “never been vetted by SSA or trained on SSA data, systems or programs.”

“In such a chaotic environment, the risk of data leaking into the wrong hands is significant,” she said in the filing.

On Thursday, a federal judge temporarily blocked DOGE from accessing sensitive data at the Social Security Administration, saying they had little justification for their search for fraud.

“The DOGE Team is essentially engaged in a fishing expedition at SSA, in search of a fraud epidemic, based on little more than suspicion,” the judge wrote.

Musk’s ‘dead people database’

One of the main arguments Musk and DOGE have used for the need for reform is the claim that dead people are being paid Social Security, something Musk has referred to as a “dead people database.”

“Maybe Twilight is real and there are a lot of vampires collecting Social Security,” Musk said in a post on X.

“Having tens of millions of people marked in Social Security as ‘ALIVE’ when they are definitely dead is a HUGE problem. Obviously. Some of these people would have been alive before America existed as a country. Think about that for a second,” he added in a separate post.

Trump later echoed the claims in a press briefing, claiming “millions and millions of people over 100 years old” were receiving Social Security benefits: “They’re obviously fraudulent or incompetent.”

The claims have been debunked by experts and news outlets, but Musk has continued to push the claim.

“What people don’t understand is that you can have an active Social Security number for a very long time because Social Security pays a worker’s earning record and can pay widow’s benefits or children’s benefits, so there can be many different benefits,” Nancy Altman, president of Social Security Works and chair of the Strengthen Social Security coalition, told Fortune.

Altman said she was concerned that DOGE was trying to convince people that there was widespread fraud to undermine confidence in the program and the government, while using it as an excuse to “hollow out” the agency.

“It could end up completely nonfunctional, and create a lot of waste and abuse,” she said.

The numbers thrown out by Musk and Trump appear to misrepresent Social Security data.

“They don’t understand the difference between an active claim and active benefits and historical claims and historical benefits,” Haltzel said, pointing out that people may still be in the system but not actually be receiving benefits. “It’s simply not worth the time and effort of our staff to go into the records to undo the previous history of somebody who has passed on they’re not receiving benefit payments today.”

Job cuts could put the already understaffed agency under strain

Officials have also raised concerns about the proposed staff cuts at the SSA.

Haltzel, who took early retirement in February, said the team had “instilled in everybody at SSA a definite fear that if they didn’t leave, their job might be lost to them.”

She accused the cost-cutting team of intentionally creating a culture of fear and unpredictability and operating with a clear disdain for government employees.

DOGE has been clear about its plans to slash government headcount, but experts say cuts could cause the already understaffed SSA to crumble under the pressure.

“You can reduce the direct costs by having fewer federal employees, and you can make it harder for people to claim benefits because the people who would have served them are gone,” Haltzel said. “The fewer people, the longer it’s going to take.

“They are absolutely creating administrative burdens where there need not be any, under the guise of saving, you know, waste, fraud, and abuse,” she added.

Altman warned the agency’s workloads had increased as staffing levels decreased. The SSA hit a 25-year low in agency employees in the 2024 fiscal year.

“You’ve got increasing birth and decreasing staff,” she said. “I’ve been working on this program for the last 50 years, and this is the most serious threat I’ve ever seen to it.”

This story was originally featured on Fortune.com



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Infant formulas found to contain toxic arsenic, lead

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The Trump administration’s abrupt federal grant cuts have made their way to ‘Sesame Street’—and they risk ‘pulling the rug out from under children’

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FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.



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