The final figures on the prize pool for the World Series of Poker Main Event are now official and break all previous prize pool records set at the global poker championship. In fact, the figures are down right mouth-watering, with the winner taking home a whopping $12 million. Last year’s winner, Joe Hachem took home 7.5 million dollars, an amount, while large, is considerably less than this year’s prize amount. This year too, each of the top 12 finishers will also be receiving a handsome prize, taking home at least one million dollars each. Even the last surviving 873 players have nothing to complain about as they will stay out of the “red” with the 873rd player taking home a $14,57 return on his or her "buy-in" fee of S10,000.

Below is the list of top twelve winners and their corresponding winnings:

First Place: $12 million
Second Place: $6.1 million
Third Place: $4.1 million
Fourth Place: $3.6 million
Fifth Place: $3.2 million
Sixth Place: $2.8 million
Seventh Place: $2.3 million
Eighth Place: $1.9 million
Ninth Place: $1.5 million
Tenth Place: $1.1 million
Eleventh Place: $1.1 million
Twelfth Place: $1.1 million

The total prize pool for the WSOP event, calculated on the buy-in fees from a record-breaking number of players (8,773 in all) who entered to play at the main event, comes to $83.5 million. The record-breaking number of players is markedly higher than last year’s main event competitor list of approximately 5,619 players. Standing in even starker contrast to this year’s number of entrant’s is the number of entrants at the first WSOP where only 38 contestants played.

"This World Series of Poker stands out as the best in the tournament's illustrious 37-year history," said Jeffrey Pollack, WSOP commissioner. "Never before have so many people from around the world competed for so much prize money and the honor of winning the most coveted prize in all of poker - the World Series of Poker champion's bracelet."

The elimination process was already underway as of last Wednesday night with only 1,541 players left from the record 8,773 entrants in the six days remaining of the tournament.

As to be expected, defending champion Joseph Hachem as well as Daniel Negreanu and Kathy Liebert continued playing through hours of exhausting and stressful play. Other famous players such as Huck Seed and 2004 champ Greg Raymer had already been knocked out of the competition.

Posted on: August 9, 2006

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