When Pius Heinz won the 2011 World Series of Poker main event last week he collected amazing $8.7 million and became the first German main event winner in WSOP history. So, how much will be taxed by his native country Germany? The answer is none, nothing, nada. According to CNBS sports analyst Darren Rovell, who tweeted a story by Fox that breaks down the tax situation for each 2011 November Nine player.
Read more » 2011 WSOP: The taxman can't touch Pius Heinz's $8.7 million