The winner of this event will collect $1.25 million. That will be the second largest prize ever in the history of the Aussie Millions. Last year's main event winner, Gus Hansen, took home $1.5 million for first place.
Second place in this event will win $650,000. Essentially this is a $550,000 heads-up match with Howard Lederer holding more than a 2 to 1 chiplead.