Tax burdens can cut poker winnings in half. And that’s exactly what they’ll do, even in tournaments as large, and with as big a payout, as the 2016 World Series of Poker final table. Jan 13, 2016 Wednesday, January 13, 2016 to Wednesday, January 13, 2016. Ladies Event - $250 No-Limit Hold'em.

The World Series of Poker announced on Tuesday that it has altered the payout structure of its flagship $10,000 Main Event. The world's most prestigious poker tournament will no longer feature a $10 million guarantee top prize, instead guaranteeing 1,000 places in the money receiving at least $15,000.

2016 Colossus II - Sample Payout: 2016 vs. 2015 1st to receive $1 million. All starting flights to reach the money Day 1. Each flight has Day 1 payouts based on their flight size. Event pays out 15% of field All money not paid Day 1 is carried to Day 2 and beyond to be paid out from there. The Crazy Eights (Event #54) will follow same payout model. MOST TRUSTED BRAND IN POKER. For more than forty years, the World Series of Poker has been the most trusted name in the game. WSOP.com continues this legacy, yet strikes the proper balance between professional-grade and accessible. It's all the action and prestige of the World Series of Poker, from the comfort of your home or locale of choice.

'The dream of life-changing money is core to the DNA of the WSOP Main Event and we also want to make it easier to experience playing in poker’s Big Show,' said WSOP Executive Director Ty Stewart. 'Our players understand numbers, and 2015 now presents the best odds ever to leave the Main Event a winner.'

The official numbers are in for the 2016 World Series of Poker $50,000 Poker Players Championship. A total of 91 players posted the massive buy-in, up eight percent from 84 entries in 2015.

Last year's $10 million guaranteed top prize was met with criticism from many in the poker community who argued that the steep payout negatively affected the rest of the payouts. Eventual champion Martin Jacobson collected the $10 million prize in November, while runner-up Felix Stephensen received just over half that amount ($5,145,968). Mark Newhouse, who finished ninth for the second straight year, took home $730,725.

This year, assuming the Main Event draws more entrants, every player at the final would make $1 million. Using the 2014 Main Event entry number of 6,683, the 2015 Main Event payout structure would look like this:

_{*Please note that the table above is just a sample of certain payouts levels from the WSOP. This is just an example of some of the payout levels.}

The 46th Annual WSOP will run from May 27 through July 14, featuring more than 60 gold bracelet events at the Rio All-Suite Hotel & Casino. As always, the series will culminate with the $10,000 Main Event running from Sunday, July 5 until the November Nine is determined on July 14.

The complete schedule for the 2015 WSOP is expected to be announced this week, so stay tuned to PokerNews.com!

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The 2016 World Series of Poker main event final table kicks off Sunday, and we have everything you need to know about the final nine players right here. The broadcast, which will shift between ESPN and ESPN2 on Sunday, Monday and Tuesday nights, will also air online on WatchESPN all three nights. All action will air on a 30-minute delay to prevent hole card information from catching up to real time.

To kick things off, Tim Fiorvanti and Andrew Feldman recap the summer's action with several player interviews. Just a few days before the final table got underway, ESPN poker columnist Bernard Lee had Fiorvanti and veteran poker reporter Remko Rinkema on The Bernard Lee Poker Show to break down each of the final nine players, the biggest moments and controversies of the tournament so far, and changes they'd like to see in the future, among many other topics over the course of almost two hours of in-depth analysis.

Here's what's on tap for the final three days of action at the 2016 WSOP, along with links to the WatchESPN coverage of the event:

Sunday, Oct. 30
ESPN -- 8:30 p.m. ET
ESPN2 --11 p.m. ET

Monday, Oct. 31
ESPN2 -- 8 p.m. ET

Tuesday, Nov. 1
ESPN -- 9 p.m. ET

Players are listed in order of most chips to the least heading into the final table, based on performance in the WSOP so far. The seat numbers indicate each player's position at the table and are unrelated to chip totals.

All career earnings exclude 2016 WSOP main event payout.

Seat 5

Career tournament earnings: $2,641,620
Career WSOP earnings: $810,358 (2 bracelets)
Arash Markazi: Cliff Josephy reflects on his poker origins, November Nine experience and Will Kassouf

Seat 4

Career tournament earnings: $52,986
Career WSOP earnings: $9,029
Bernard Lee: Qui Nguyen embraces November Nine as opportunity to improve his life

Jerry Wong

Seat 7

Career tournament earnings: $1,561,834
Career WSOP earnings: $652,989
Lee: Gordon Vayo rode incredible run from short stack to the November Nine

See Full List On Nl.pokernews.com

Seat 8

Career tournament earnings: $1,317,530
Career WSOP earnings: $367,855
Lee: Kenny Hallaert balances poker dreams with poker tournament directing

Seat 6

See Full List On En.wikipedia.org

Career tournament earnings: $44,962
Career WSOP earnings: $27,718
Dave Tuley: Michael Ruane's anonymity was nice while it lasted

Seat 2

Career tournament earnings: $1,246,791
Career WSOP earnings: $138,585
Tim Fiorvanti: Vojtech Ruzicka is a dark horse in 2016 WSOP main event final table

Seat 1

Career tournament earnings: $2,395,406
Career WSOP earnings: $231,201
Lee: Griffin Benger enjoys second chance after nearly skipping 2016 WSOP
Fiorvanti: Benger and Will Kassouf discuss 'the hand' of the 2016 WSOP main event

Seat 9

Career tournament earnings: $1,365,205
Career WSOP earnings: $127,343
Fiorvanti: Jerry Wong keeps it low-key on path to WSOP November Nine

Seat 3

Career tournament earnings: $14,091
Career WSOP earnings: $0
Lee: Fernando Pons enjoying Moneymaker-esque journey to WSOP November Nine