Mega millionaires’ big tax bills | Video
Published:

We all think about all the things that we would buy if we were to win the lottery. However, most people fail to realize the tax implications that come with winning a multimillion dollar lottery. Winners of the recent jackpots face some serious tax hits, as SmartMoney's Russell Pearlman explains on Lunch Break.
ALSO:
2013 Tax calendar
What is taxable income?
Tax planning strategies and tips | Video