Re: ** WSOP ME, $10,000 NLHE, Day 6, Sun., July 15**
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The rake comes out of the prize pool, not the chip stacks. Harrah's keeps 4.2% and 1.8% is set aside for the tournament staff. So with 6,358 entries, Harrah's gets $2.67mil, the tournament staff get $1.14mil. The net is $59,784,954 for the players.
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The IRS and local state taxes get another 40-50%. Nice of the players to get together and pool all that money for them isn't it.
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