WSOP 2005 Main Event Official Payouts - Full Details

[jbsc7769]

Event #42 - No-Limit Hold'em - $10,000 buy-in

Total Entries: 5,619 players - Prize Pool: $52,818,610

1st = $7,500,000
2nd = $4,250,000
3rd = $2,000,000
4th = $2,000,000
5th = $1,750,000
6th = $1,500,000
7th = $1,300,000
8th = $1,150,000
9th = $1,000,000
10-12 = $600,000
13-15 = $400,000
16-18 = $350,000
19-27 = $304,680
28-36 = $274,090
37-45 = $235,390
46-54 = $173,880
55-63 = $145,875
84-72 = $124,835
73-81 = $107,950
82-90 = $91,950
91-100 = $77,710
101-140 = $54,965
141-170 = $46,245
171-200 = $39,075
201-230 = $33,197
231-260 = $28,375
261-300 = $24,365
201-350 = $21,070
351-400 = $18,335
401-450 = $16,055
451-500 = $14,135
501-560 = $12,500

[Ironside]

my thinking of the payout structure is that all though the amount of money between each level of payout now is large in % wise it very shallow and therefore a good time to be picking up chips untill around the 27-18 mark where the money jumps are larger

[Maroon]

What is the official amount taken from winnings by the house?  Have heard 4%, 7% and 30% for non USA players for tax.  Is there a registration fee payable upfront on top of the $10K?

[Ironside]

no reg fee upfrong but they took 4% for the house and 2% for the dealers

also they are withholding tax on all players and non americans have to claim it back

[Maroon]

Thanks Ironside.

As a non American can you claim it all back or are you liable to tax and claim back any over payment.  Either way, how long is the process?

[Ironside]

as a non american you can claim it all back depending on how long you stay in the usa each year

you are liable to your own countrys tax system though  in the uk it's tax free as it is classed as gambling

[Scottish Dave]

I may just be thick here ironside,(and no Glasgow jokes) but if i travelled over there for the 2 weeks only and came 9th winning $1,000,000 how much would i get and how much would i be able to claim back etc

[Bongo]

$1,000,000 as we have a tax treaty with the US.

[AndyG]

When you arrive at the casino you complete a waiver form as a UK national and that allows the house to pay out in full