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Do you have to pay taxes on found money?

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If you are in the US, technically that would be income and you'd have to file it under miscellaneous income, much like if it were gambling winnings.
Yes it is taxable - basically, increases in wealth are taxable. The "hidden hoard" is a famous tax case where someone bought a Piano and much latter found a hoard of $ in it. There were tax accounting issues as to the $...could they offset it by the cost of the Piano, did they actually "buy" the money when they bought the piano...etc....but the bottom line is...found value is taxable.
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