Win $1 Billion Mega Millions Jackpot, Pay Extra 13% Tax, Beware Claims

The Mega Millions jackpot has risen to a $1.02 billion, up from $810 million. With eye-popping numbers, it’s easy to get lottery mania. Winning would be great, but taxes are big too. Lottery winnings are taxed, with the IRS taking taxes of up to 37%. Curiously, though, only 24% is withheld and sent directly to … Read more

Clint Eastwood Wins Suit Over Fake Advertising, IRS Wins Too

Clint Eastwood may be 92, but he is still feisty, having won his second lawsuit against online marketers who used his likeness without his permission. His fellow plaintiff was Garrapata, an agency that owns the rights to Eastwood’s name and image outside of movies. The latest verdict awarded Eastwood and Garrapata $2 million in damages. … Read more