An 88-year-old grocery store worker received a $400 tip that snowballed into $1.85 million from global donors on GoFundMe. After fees, he’s expected to keep around $1.77 million, helping him retire comfortably. The IRS considers such donations as gifts, not taxable income. Donors giving more than $19,000 may need to file a gift tax return. Meijer, his employer, offers free financial planning assistance.

Read more at Yahoo Finance: Strangers worldwide react to plight of 88-year-old Michigan veteran by gifting millions. But will he get to keep it all?