The 3-5% from a poker tournament win is usually distributed to all the dealers and floor people. In this case, after Uncle Sam takes his 50% (no way to write all of this off), 3-5% of the remaining is still a quarter of a mill...you'd be the KING KONG GEORGE of all time. (FYI: George is a generous tipper).

0.5% ($45,000) of the remainder is still one year's cost of private college, two at a public college. Yikes, my daughter would kill me if I gave away her education. But I guess rich people don't worry about such trivial things.