I disagree....you can refuse a prize and not include its value in your income.
Prizes and awards.If you win a prize in a lucky number drawing, television or radio quiz program, beauty contest, or other event, you must include it in your income. For example, if you win a $50 prize in a photography contest, you must report this income on Schedule 1 (Form 1040 or 1040-SR), line 8. If you refuse to accept a prize, don't include its value in your income.
Pub 525 page 33
