What has "Birth of a Great Star" winner Baek Chung Gang done with his prize money?

What has winner�Baek Chung Gang done with the large amount of prize money he has received from winning MBC "Birth of a Great Star"? Through the June 22th broadcast of MBC "Radio Star", Baek revealed what he had done. In response to the MC's question of the prize money, Baek stated, "Of the 300 million won (~$277,000 USD) that I received as the prize money, I used 200 million won (~$185,000 USD) in preparations for my album. Of the remaining 100 million won (~$92,000), I donated 40 million won (~$37,000 USD)." He added, "After tax, I now have 40 million won (~$37,000 USD). I gave this money to my parents." On the other hand, Lee Tae Kwon, who got 2nd place, stated, "I didn't get prize money, but I did get a car. Because I have no driver's license, I gave that car to my parents. Later when I get my license, I will take my car back," which made everyone in the studio burst out into laughter. Netizens who saw this broadcast commented, "The money that Baek Chung Gang can actually use isn't that much," and "Please release a new song and perform it for us through the music programs soon!". Source: XSPORT News