Wsop 2016 Payout Rating: 5,0/10 3236 reviews
Katie Callahan
The event was hosted at the WSOP in 2014. A smaller event known as the 'High Roller for One Drop' hosted in 2013, 2015, 2016 and 2017 has a buy in of $111,111 with $11,111 going toward charity. Antonio Esfandiari won the first event defeating Sam Trickett heads-up and earned $18,346,673. 2016 WSOP Main Event: $63,327,800 Qui Nguyen: $8,005,310 2014 WSOP Main Event: $62,820,200 Martin Jacobson: $10,000,000 2012 WSOP Main Event: $62,021,200 Greg Merson: $8,527,982 2009 WSOP Main Event: $61,043,600 Joe Cada: $8,547,042 2015 WSOP Main Event: $60,348,000 Joe McKeehen: $7,680,021 2007 WSOP Main Event: $59,784,954 Jerry Yang: $8,250,000.
Tax burdens can cut poker winnings in half. And that’s exactly what they’ll do, even in tournaments as large, and with as big a payout, as the 2016 World Series of Poker final table.
Then, once you move into tournament backers who receive a part of the action from investors to lower player risk, players only see a portion of their winnings.
In a post titled, “The 2016 Real Winners of the World Series of Poker,”Russ Fox of Clayton Financial and Tax in Las Vegas, divvies out the winnings, based on how much is taken out, location and what the player will receive after taxes.
| Player | Location | Place | Percentage Lost | Winnings Before Taxes | Winnings Lost | Estimated total |
| Qui Nguyen | Las Vegas, NV | 1st | 41.51% | $8,005,310 | $3,324,157 | $4,681,153 |
| Gordon Vayo | San Francisco, CA | 2nd | 51.46% | $4,661,228 | $2,398,800 | $2,262,428 |
| Cliff Josephy | Long Island, NY | 3rd | 48.40% | $3,453,568 | $1,674,568 | $1,779,000 |
| Michael Ruane | Maywood, NJ | 4th | 45.75% | $2,576,003 | $1,178,525 | $1,397,478 |
| Vojtech Ruzicka | Prague, Czech Republic | 5th | exempt, flat 15% income tax | $1,935,288 | $290,293 | $1,644,995 |
| Kenny Hallaert | Hansbeke, Belgium | 6th | 0% (no tax on gambling wins) | $1,464,258 | $0 | $1,464,258 |
| Griffin Benger | Toronto, Ontario, Canada | 7th | 30% withheld for U.S. income tax | $1,250,190 | $370,057 | $875,133 (can file return to recover losses) |
| Jerry Wong | Margate, Florida | 8th | 38.16% | $1,100,076 | $419,776 | $680,300 |
| Fernando Pons | Palma, Spain | 9th | 45% | $1,000,000 | $449,584 | $550,416 |
Here’s a table from the post:
| Amount won at the final table | $25,445,388 |
| Tax to IRS | $8,108,024 |
| Tax to Franchise Tax Board (CA) | $623,262 |
| Tax to Agencia Tributeria (Spain) | $449,584 |
| Tax to New York Dept. of Taxation and Finance | $422,752 |
| Tax to Finanční Správa (Czech Republic) | $290,293 |
| Tax to New Jersey Division of Taxation | $215,845 |
| Total Tax | $10,109,760 |
See Full List On Pokerfirma.com
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2016 World Series of Poker2016 WSOPLas VegasPoker PlayersPoker TaxesPoker TournamentsWSOPRelated Tournaments
World Series of Poker
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