The WSOP Main Event final payouts after tax

How much will the Tax Man get from the final nine players in the Main Event? A lot.

John Cynn wins 2018 wsop main event
John Cynn

As always at the end of a World Series of Poker Main Event there is the harsh reminder that the Tax Man will be taking a substantial cut of the final table winnings. 

Courtesy of Taxable Talk, here is a breakdown of how much each of the finalists should be expected to take home after tax. 

The final six players are all American, so the relative percentages are similar (but different based on State) and Alex Lynskey is Australian, Artem Metalidi is Ukranian and Antoine Labat is French. Champion John Cynn is likely to take just under $5 million of his $8.8 million first prize.

This year Artem Metalidi took home more than Alex Lynskey, who finished above him, because Ukranian tax is lower than Australian. Another sick beat for Lynskey is his country does not tax gambling winnings on amateurs but it does for professional poker players like himself. 

The exact amount of Antoine Labat's tax liability is not yet known as France has not announced what the tax brackets will be for the year, but based on last year's amount he would be charged a heavy percentage. 

In total $10,953,198 of the final table's winnings will be paid in tax, once again making the Tax Man the biggest winner at the final table. 

$10,000 Main Event Final Table
Position Player Prize Prize After Tax
1st John Cynn $8,800,000 $4,939,817
2nd Tony Miles $5,000,000 $3,060,659
3rd Michael Dyer $3,750,000 $2,300,725
4th Nicolas Manion $2,825,000 $1,607,677
5th Joe Cada $2,150,000 $1,277,365
6th Aram Zobian $1,800,000 $1,078,179
7th Alex Lynskey $1,500,000 $833,704
8th Artem Metalidi $1,250,000 $1,006,250
9th Antoine Labat $1,000,000 $567,426

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Comments (2)

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  • Thiamtan

    #1

    sick thing

    and the player some not be in the money the get tax back?
  • BarryCarter

    #2

    Some countries allow to claim poker losses as tax expenses