The Millionaire

The mysterious philanthropist John Beresford Tipton was named for Tipton, Missouri, the birthplace of producer Don Fedderson's wife, Tido Fedderson.

Each recipient is made to sign an agreement to never reveal how he or she received the 1 million dollars. This could turn out to be a real legal problem when the IRS looks at the tax return of any recipient.

The presumption is that multi-billionaire John Beresford Tipton's lawyers have worked out some arrangement with the IRS whereby all the taxes are paid so the beneficiaries do not need to declare the money on their returns. The bigger problem is how to enforce the agreement should a beneficiary tell someone other than a spouse.

Featured in The Movie Orgy (2009)