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'Jeopardy!' star James Holzhauer likely owes $1.2 million in taxes on winnings
There is more than one winner when it comes to James Holzhauer’s “Jeopardy!” streak. The government is set to collect a cool $1.2 million in taxes from the game show juggernaut’s winnings of $2,462,216, according to The Action Network. Holzhauer, 34, racked up the millions across 33 appearances, including the $2,000 prize he received for finishing second in his last show Monday. The professional sports gambler lives in Nevada, but since the show takes place in California, he’s subject to that state’s taxes — which are the highest in the nation at 13.3 percent. All told, federal and state taxes will take ... (full story)