WSOP & the IRS.

[entropy]

i tried a quick search for this but failed si figured quicker to just ask the question.

i assume all the "winners" don't get a cheque for the full amount but rather something less after the IRS has ripped out their rake. if yes how much ???

note this would seem to make entry in same -ve EXP for any overseas players ( or even any americans who do not have gambling income they can deduct their entry fee from ?? ).