Hi!
Less than a week has passed since the end of the main WSOP 2018 event, but the real winnings of eight of the 9 finalists of this tournament have already been calculated. After all, players will have to pay taxes on their winnings.
Of the total prize money of $28,075,000 tax take to the state $9,811,437, i.e. 39%. In 2017, this figure was much lower due to the fact that four players were UK citizens, and they are generally exempt from paying taxes on winning poker.
The players are as follows:
- John Zinn as a resident of the state of Illinois will pay a total of $3,860,560 of your winnings. The player will remain $4,939,440.
- Tony miles will pay less than Qinn — 38.79% in percentage, in real money it will be $1,939,341, as he is from another state — Florida.
- Michael Dyer has even less tax payment percentage, however, the difference is not very small — 38,65%. A resident of Texas parted with $1,449,275.
- Nicholas Manion turned out to be the most unfortunate of all American players in the matter of taxes. He as a resident of Michigan will pay three fees at once: Federal, state and municipal. In total runs 43,09% or $1,200,000. And if we consider that Nicholas was selected for the Main Event via satellites, and the money he received from them from the Beckers, the money that will get it to him, will decrease by another half.
- Joe Cada will pay 40.59% taxes on the win or $872,000.
- Aram Saban will enrich Rhode island for 40,10%, which is equal to $721,821.
- Australian Alex Linsky will pay as a professional player (in Australia only Amateurs do not pay taxes) almost half of 450 thousand dollars — $216,296.
- to Ukrainian Artem, Petalidi were more fortunate of all. In his homeland, the tax rate will be only 19.5%. The player will pay his state $243,750.
- Antoine Labat is still waiting for his fate. In France, soon to be updated tax legislation. Last year, he would have paid 43%.
Good luck to all over the monitor and in life!
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