[dsapery]

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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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The winners can tell Harrah's to whom to make out the check or checks. The people on the checks will receive 1099's individually.

This info came out last year with the whole Jamie Gold debacle. If Harrah's paid JG the entire $12mil and then JG paid half of it to his "partner" then that half would have been taxed twice.

I've also been told that once they get to the final table, it's quite common for the players to agree to chop the money, and to just play out for the bracelet. Harrahs's (and ESPN) will require them to play it out for the title and the bracelet. Any behind-the-scenes chop is kept out of the public eye.

Rumors are that Moneymaker and Farha chopped the cash.