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Old Jul 10, 2007 | 4:59 pm
  #5  
jw713
 
Join Date: Jul 2006
Location: Dallas, TX
Programs: AA Gold 1MM, SPG Gold, HHonors Gold
Posts: 660
Originally Posted by hotelexec
IMO most of these promotions are ripoffs. 50,000 AA miles, for most people, are worth about $500-$600 (the exception is if you use them exclusively for international P/J travel). For most people the tax they will have to pay on the 50,000 miles (which AA will report to the IRS as worth $1250) will be about $500. So the prize is worth maybe $100 if you're lucky.

If you own your own business and want to fly international P or J, it's worthwhile, but only if you win :-)
For anyone working on 1MM lifetime it's not a bad deal. But anyone with consistent status or already at lifetime status it probably isn't worth their time...unless they really are mile junkies!
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