What the Main Event finalists might pay in tax

Undian mantap Togel Singapore 2020 – 2021. Bonus mingguan lainnya dapat diamati secara terencana via status yg kita umumkan dalam web itu, dan juga bisa dichat pada layanan LiveChat support kami yang menunggu 24 jam Online buat meladeni seluruh kepentingan antara bettor. Lanjut buruan join, serta menangkan jackpot Lotto dan Kasino On-line terbesar yang nyata di lokasi kami.

Some players get to keep more money than players who finished ahead of them – find out the tax likely to be paid on the Main Event prizes.

You may think George Holmes was the 2nd biggest winner from the WSOP, it was in fact the Tax Man. 

As is customary after the series, Russ Fox of Taxable Talk broke down what each final tablist is expected to pay in tax on their Main Event winnings. As is often the case it is a jaw dropping comparison of what some countries pay in tax on large sums of money won. 

Koray Aldemir is the biggest winner of all, as not only did he win the top prize he got to keep every cent of it. That is because despite being a German native he currently lives in Austria where poker winnings from overseas are tax free. 

The same is true of Brits Jack Oliver and Jareth East, who both keep all $3 million and $1.1 million of their Main Event winnings respectively.

The Main Event final table

Quite the contrast with US runner-up George Holmes who despite bagging the $4,300,000 2nd place prize is estimated to only keep $2,497,989 of it. That means third place finisher Oliver will keep more prize money than him. Holmes will likely pay more in tax than 5th place finisher Ozgur Secilmis won overall. 

Likewise East, who finished in 8th place, keeps more money than both Alejandro Lococo (7th) and Hye Park (6th). 

In total $4,960,663 is expected to be paid in tax, which is more than the official 2nd place prize. $3,767,973 of which goes straight the IRS in America. 

This is the full breakdown of the prizes and what the player might keep after tax:

Position Player Prize Prize after tax
1st Koray Aldemir de $8,000,000 $8,000,000
2nd George Holmes US $4,300,000 $2,497,989
3rd Jack Oliver gb $3,000,000 $3,000,000
4th Joshua Remitio US $2,300,000 $1,295,607
5th Ozgur Secilmis gb $1,800,000 $1,100,425
6th Hye Park US $1,400,000 $749,709
7th Alejandro Lococo gb $1,225,000 $796,250
8th Jareth East gb $1,100,000 $1,100,000
9th Chase Bianchi US $1,000,000 $624,357

How much tax should poker players pay on their winnings (extra points for not saying ‘zero percent’)? Let us know in the comments:

Related Post