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Cash Prize Pools

VBLI Cash Tournament Payout

* Prize money is based on a minimum number of teams in the division.
* Prize payout is done in the form of a check written to each player on the team.
* Players must have a social security number as winnings, are declarable income.
* Any player who does not have a social security number will have 50% deducted from prize money sent to the IRS as required by law.
* Player can then file with the IRS and receive balance / refund if no taxes are due.


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