What are you guys talking about? Gift taxes? IRS? Financial planners? Bodega worker, or owner, or whatever he was-this lottery winner wasn't thinking about any of that and he probably isn't right now.
As for any gifts he'll dole out, "en efectivo" is the catchphrase here. No one Pedro gives money to is going to declare the cash on their taxes. They'll say "Ah, pero ja le sacaron lo impuetos una ve'!!!" and will keep walking. And if the issue comes up, they'll just say "Pue' vamo a Santo Domingo a gastar!!! Alla nadie le importa!!!" And truer words were never spoken.
Y'all are way too negative. Our man Pedro will probably be long gone before any of these problems become problems. Let him enjoy his money, and if he blows it all, so what. That's his business.
All you EF Hutton wanna-be's need to chill, 'cause it ain't your cash. One minute he's slinging fifty-cent packs of donuts through a plexiglass partition to the crackheads of Passaic in the middle of the night, and the next minute he's supposed to put on a wool sportscoat with leather elbow patches and a pipe talkin' about high-yield interest rates. Phuck outta here with that. An un/undereducated working class person is going to SPEND such a windfall whether he's Dominican or not, so let him.
As for how to spend a fortune, George Best said it best-"I spent a lot of money on booze, birds and fast cars. The rest I just squandered."