Bob Dylan probably doesn’t need the money that comes with winning a Nobel Prize and it’s a good thing. Like everything else, it doesn’t stretch as far as it once did, according to CNBC.
There’s still a mystery to be cleared up by the typically reticent Dylan. Will he keep the money?
Donating it is a good way to avoid a hefty tax bill, CNBC says. Up to 40 percent of it may go to the government.
More Dylan: Bob Dylan 101: A Harvard Professor Has the Coolest Class on Campus (New York Times)
The Hibbing high school teacher who mentored Bob Dylan, Nobel literature prize winner (MPR News)