Re: ** WSOP ME, $10,000 NLHE, Day 5, Sat., July 14 **
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If the day concludes at 36 players, and they chop, they'd get $1,051,834.41 each. Unless a couple of players have massive chip stacks, how can they not chop at that point?
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Here's a critical reason why they won't chop.
Harrah's will require that the tournament be played out to the end. Whoever actually wins the tournament and receives the bracelet will also get a W2-G tax form for $8,500,000. That person will be liable for nearly $3,000,000 in taxes to the U.S. federal government.
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This can't possibly be true. Can you source this?
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