MILLIONS South America

MILLIONS South America

15th - 24th Mar 2019
$7,000,000 GTD

MILLIONS South America

MILLIONS South America

15th - 24th Mar 2019
$7,000,000 GTD

MILLIONS South America - Terms and Conditions

TAXES IN BRAZIL

Every poker player in Brazil will have to pay taxes on his winnings. You will find below the different examples regarding your situation:

  • Brazilian citizens/residents

If you are Brazilian or a resident* in the country, you will be taxable up to 27.5% (Personal Income Tax) on your winnings regarding the board below:

Currency R$

Percentage %

Allowance R$

Up to R$ 1,903.98

N/A

N/A**

Between R$ 1,903.99 and R$ 2,826.65

7.5 %

R$ 142.80

Between R$ 2,826.66 and R$ 3,751.05

15%

R$ 354.80

Between R$ 3,751.06 and R$ 4,664.68

22.5%

R$ 636.13

Above R$ 4,664.68

27.5%

R$ 869.36

*- An individual is considered a resident of Brazil when he or she is holding a permanent visa, or a temporary visa with an employment agreement. An individual is a resident without an employment agreement when staying in Brazil for more than 183 days within 12 months.

**- Tax free amount

  • Non-resident players

If you are not residing in Brazil, you will be taxable by 15% (flat rate) on your winnings.

NOTE: The 15% tax apply to each tournament prize. The amount of tax taken from your winnings will also depends on how much you spent on your buy-ins throughout the festival. If you spent more on your buy-ins in comparison to what you have won, you won’t be taxed.

Below, a few examples:

Buy-ins R$

Prize R$

Taxable amount

Taxes R$ (15%)

Final Amount R$

R$ 5,000

R$ 50,000

R$ 45,000

R$ 6,750

R$ 38,250

R$ 39,500

R$ 375,000

R$ 335,500

R$ 50,325

R$ 285,175

R$ 191,000

R$ 150,000

N/A

N/A

N/A

 

Buy-ins R$

Prize R$

Taxable amount

Taxes R$ (15%)

Final Amount R$

R$ 40,000

R$ 0

N/A

N/A

N/A

R$ 4,000

R$ 0

N/A

N/A

N/A

R$ 10,000

R$ 80,000

R$ 26,000*

R$ 3,900

R$ 76,100

 

* – The R$ 44,000 previously spent have been deducted from the taxable amount as no profit was made out of them

The tax will be taken directly from your payout, and therefore you will receive your prize tax deducted, you don’t need to take any action during this process.

  • Countries with Bilateral agreement / Claim your taxes back

Some countries have a bilateral agreement with Brazil, which means if you are from one of them, you will be able to claim back the 15% tax, to avoid any double taxation.

You can find the list of these countries below:

  • Argentina
  • Austria
  • Belgium
  • Canada
  • Chile
  • China
  • Czech Republic
  • Denmark
  • Ecuador
  • Finland
  • France
  • Germany
  • Hungary
  • India
  • Israel
  • Italy
  • Japan
  • Luxembourg
  • Mexico
  • Netherlands
  • Norway
  • Peru
  • Philippines
  • Portugal
  • Russia
  • Slovakia
  • South Africa
  • South Korea
  • Spain
  • Sweden
  • Trinidad and Tobago
  • Turkey
  • Ukraine
  • Venezuela

If you are indeed resident of one of these countries, you must bring ALL the document below during the MILLIONS SOUTH AMERICA, in order to claim your taxes back. PLEASE NOTE that if one of these documents is missing, the process may not be possible:

  • One copy of your passport
  • Your social security number of your country of residency
  • One copy of the wire transfer, credit card or cash declaration form from the Brazilian customs (if you bring cash), as proof of the buy-in
  • Copy of the prize receipt.
  • The Brazilian Tax Back form (available at the front desk / cashier)
  • Your complete bank details

All of these documents must be taken at the front desk during the event, in order to proceed. It can take up to 60 days to get your money back. We will be able to help you filling the form during the festival.

If you have any question, feel free to send an email to gaetan@mypartypokerlive.com or ask the partypoker LIVE staff during the event.

General Terms and Conditions

Tournament

  • The event dates, schedule and structure are subject to change.
  • The Tournament Director(s) can make amendments to tournaments at their discretion.
  • 3% of the prize-pool is withheld for operational costs including dealers, floor, registration staff.
  • Guaranteed events are paid out after deducting the withheld costs of the prize pool.
  • Buy in exchange rates are set per tournament, on the first starting day of the tournament for multi day tournaments. This does not include cash buy-ins at the venue.
  • Cash exchange rates are set by the venue and are not under the control of partypoker LIVE.
  • Players who buy in via the partypoker software will receive the exchange rate given by the software on that day. The holding tanks will be set in the local currency if this currency is available on the software. Players who have their partypoker account set in the same currency will not be affected by exchange rates.
  • Payouts made into partypoker accounts will be paid at the exchange rate of the site on that day. Players who have their partypoker account set in the same currency will not be affected by exchange rates.
  • Each day 1 for MILLIONS South America is run as a freezeout. If you are eliminated Day 1A, you are unable to re-enter until day 1B.
  • If you have played day 1A, you can only play day 1B if you were eliminated on Day 1B
  • If you have not played day 1A, you are welcome to buy straight into day 1B.
  • If you have qualified via an online or live satellite before day 1A, you must play day 1A.
  • Qualifiers who reach the Rio Open Final Day and are therefore unable to enter Day 1A will be permitted to play Day 1B instead
  • Players can buy directly into day 1A or day 1B and will receive 1,000,000 starting chips regardless of when they buy in.
  • Day two stacks are non-transferable and will be in play from the start of day two.
  • Final Table deals are permitted at the tournament director’s discretion. 10% must be left for the winner.
  • Example pay-outs are based on the guarantee of the tournament. If this is surpassed, the pay-out will be altered accordingly. We also reserve the right to alter the pay-out structure at our discretion.
  • Players who buy-in with cash at the venue can choose their pay-out method.
  • Players who qualify/buy-in online will be paid out to their partypoker account.
  • Players may buy-in in full or in part with PP LIVE Dollars. If a part-payment is made, players must pay the rest of the buy-in in cash from their partypoker account.
  • All participants in partypoker LIVE events must sign the media policy by logging into their partypoker LIVE account (top right of this page) and accepting the media policy. All new accounts will automatically be asked to agree to the media policy. This only needs to be done once and will remain valid for all future partypoker LIVE events.
  • partypoker LIVE staff reserve the right to set limits and restrictions on pay-out methods from tournaments and are obligated to inform the player accordingly.
  • partypoker LIVE reserves the right to disqualify or ban any person from one or all events if the person acts in a threatening and/or abusive manner to other players or to any member of staff or the public. This includes but is not limited to threats/statements made on social media, via telephone, email or face to face.
  • By taking part in a partypoker LIVE tournament, you also agree to these specific promotional terms and conditions and our standard promotional terms and conditions. Failure to comply with the terms and conditions and rules outlined on this page or linked to from this page may result in penalties and/ or sanction including disqualification from the tournament with no financial recourse.
  • Any activity on partypoker, such as laying satellites to partypoker LIVE events, or partaking in promotions in satellites or other games, will be subject to partypoker general terms and conditions.
  • Management decision is final.
  • Errors and omissions excepted

Live Satellites

  • Seats won in live satellites must be used for that specific event.
  • If you already have a seat for the event (via live or online satellites) you are unable to play future satellites for the same event unless you have played day 1A and been eliminated.
  • Seats are non-transferable to other players.
  • All players who have qualified via a live satellite before day 1A must use their seat in day 1A.
  • There are no refunds or cash alternatives available if a player is unable to play the event.
  • Any unused tickets at the end of the event will be forfeited.

Online Satellites

  • Specific online satellites will be available for this event. Players who win a seat must be available to play day 1A. There are no refunds or cash alternatives available if a player is unable to play the event.
  • All players who have qualified via an online satellite before day 1A must use their seat in day 1A.
  • As MILLIONS South America is a freezeout on each day 1, players must ensure that they do not play and win more than one satellite for this event. This includes satellites at the live venue. If a player was to enter and win multiple satellites for this event, they would be required to forfeit subsequent seats.
  • Packages consist of a $10,300 MILLIONS South America Main Event seat and $1,700 cash for expenses.
  • Players can buy in with PP LIVE Dollars.
  • PP LIVE Dollars satellites run daily on partypoker
  • PP LIVE Dollars will be in your wallet within 24 hours of winning and you will be notified by email.
  • $109 MILLIONS South America satellite tickets expire after 24 hours.
  • $5.50 satellite tickets expire after three days.
  • $11 satellite tickets expire after three days.
  • $22 satellite tickets expire after three days.
  • $33 satellite tickets expire after three days.
  • $44 satellite tickets expire after seven days.
  • $55 satellite tickets expire after seven days.
  • $109 satellite tickets expire after seven days.
  • $215 satellite tickets expire after fourteen days.
  • $530 satellite tickets expire after fourteen days.
  • $1,050 satellite tickets expire after thirty days.
  • PP LIVE Dollars can only be spent once they appear on a player’s balance.
  • PP LIVE Dollars have no financial value and are non-transferable. In the event of a player not being able to use his PP LIVE Dollars there will be no cash alternative.
  • Players are not able to sell their PP LIVE Dollars to another player.
  • If a player buys in with PP LIVE Dollars and does not want to play the event or does not turn up to the event, they can contact support staff for a full refund into their PP LIVE Dollar wallet. Any promotion will be void and cash expenses must be paid back before a refund is issued.
  • PP LIVE Dollars can be used for expenses including travel and accommodation expenses for your chosen tournament. To claim back expenses from their PP LIVE Dollar wallet, players must visit the PP LIVE desk and provide evidence of expenditure.
  • PP LIVE Dollars buy-ins will be set at XE spot rate and will be reviewed regularly to ensure players receive the best price at the time of buying in. Once a player has bought in any changes to the exchange rate will not affect their purchase. They will not receive a refund or be charged for the difference
  • All PP LIVE Dollars have a 24 month expiry.
  • Players must have a linked partypoker LIVE account to access their PP LIVE dollars.
  • Errors and omissions excepted.

Play 5 MILLIONS Main Events Get 1 Free

  • Every player who plays the five MILLIONS Main Event in all MILLIONS events in 2019 will receive a £10,300 seat for MILLIONS UK in January 2020.
  • This promotion is open to all players who play every single leg of the MILLIONS tour in 2019. This includes MILLIONS South America, MILLIONS North America, MILLIONS Europe, MILLIONS World and MILLIONS Online.
  • Only MILLIONS Main Events count towards this promotion.
  • Players can buy-in using any method including use of a satellite seat, cash and PP LIVE Dollars to be eligible for the promotion.
  • The £10,300 MILLIONS UK will be held at Dusk Till Dawn Casino Nottingham in January 2020 and the details will be confirmed soon.
  • MILLIONS UK seats won in this promotion are non-transferable and have no cash value. If a player cannot make the event there will be no alternative prize for this promotion.
  • Players who win a MILLIONS UK seat via this promotion will not be eligible to win a MILLIONS UK seat via direct satellites either online or live as the event is a Freezeout on each Day 1 and it is unlikely you will require two seats for the event.
  • The £10,300 seat will be held at Dusk Till Dawn Casino Nottingham within 72 hours of the player playing the final leg of the MILLIONS tour providing they have played all of the other main events.
  • If a player buys in and then requests a refund for any MILLIONS main event, they will not receive their £10,300 ticket. All main events must be played to receive the bonus.
  • The promotion is only valid for the MILLIONS 2019 main events.
  • The MILLIONS schedule is subject to change, but the promotion will still be valid.
  • Any player who is seen to abuse the nature of this promotion will be eliminated from the promotion.
  • Management decision is final.
  • Errors and omissions excepted.

PP LIVE Dollars Promo - $1000 cash expenses

  • This promotion is open to the first 100 players who use PP LIVE Dollars to buy in to MILLIONS South America Main Event. They will receive $1000 cash towards expenses.
  • Players using other payment methods are exempt from this promotion.
  • Players must use PP LIVE Dollars for the full buy in to be eligible for the promotion and cannot part pay. If the amount you have won is not enough, you must win an additional satellite ($50, $200, $1,000 or $5,000 denominations) to buy in with the full amount.
  • This promotion runs from 22nd October, 2018 until the 100th person has bought in with PP Live Dollars or until the 14th March, 2019. Those who buy in when the event is running will not be eligible for the promotion.
  • $1000 cash will be credited to players account within 24 hours of player buying in with PP LIVE Dollars.
  • If a player requests a refund for MILLIONS South America, they will be asked to pay back the $1000 before they are issued their PP LIVE Dollars refund for MILLIONS South America.
  • The promotion is only valid for the MILLIONS South America Main Event at Copacabana Palace Hotel between 15th- 24th March, 2019.
  • If a player buys in with PP LIVE Dollars and receives $1000 via the promotion, then wins a specific MILLIONS South America Main Event satellite, they must return the $1000 and the PP LIVE Dollars will be returned to their wallet. This is because MILLIONS South America is a freezeout on each day and players can only re-enter on Day 1B if they are eliminated from Day 1A. If a player then uses PP LIVE dollars to re-enter on day 1B, the promotion will have ended and the player will not receive $1000.
  • MILLIONS South America schedule is subject to change, but the promotion will still be valid.
  • Players can still claim their expenses back using their PP LIVE Dollars balance, the cash expenses will not effect this.
  • Any player who is seen to abuse the nature of this promotion will be eliminated from the promotion.
  • Management decision is final.
  • Errors and omissions excepted.

Guess the Entries Promotion

  • This competition runs from 1st Jan - 28th Feb 2019.
  • Players must guess how many buy-ins MILLIONS South America Main Event will get.
  • This competition is open to all partypoker LIVE members who have successfully linked their accounts and meet the residency restrictions.
  • This competition is open to players residing in Brazil, Mexico, Colombia, Argentina, Peru Venezuela, Chile, Guatemala, Ecuador, Cuba, Bolivia, Haiti, Dominican Republic, Honduras, Paraguay, El Salvador, Nicargua, Costa Rica, Panama, Uruguay, Jamaica, Trinidad and Tobago, Guyana, Suriname, Bahamas, Belize, Barbados, Saint Lucia, St. Vincent and Grenadines, Grenada, Antigua and Barbuda, Dominca, Saint Kitts & Nevis.
  • Players are limited to one guess per competition.
  • Players may not amend their guess once submitted.
  • Guesses must be exact to win $1000 PP LIVE Dollars.
  • If exact number is not guessed, the prize will remain unwon.
  • There is no limit to the number of winners. Winners will receive $1000 PP LIVE Dollars each should more than one member guess correctly.
  • The Winner(s) will receive $1000 PP LIVE dollars within 72 business hours of the closure of the tournament’s late registration.
  • Any PP LIVE Dollars won will not count towards your participation in the $1M Leaderboard.
  • All PP LIVE Dollars have a 24-month expiry from the date they are won.
  • Players must have a linked partypoker LIVE account to see their PP LIVE dollars wallet and must create a four digit pin to access their wallet.
  • Any player who is seen to abuse the nature of this competition will be eliminated from the competition.
  • Management decision is final.
  • Errors and omissions excepted.

Media and TV

  • partypoker LIVE events are often filmed for future TV and/or live streaming productions, by participating in any partypoker LIVE event you also agree that we can use your name, photo or video footage in any way we see fit, and you grant us global image rights to use this material.
  • When playing on the TV table players agree that we can broadcast their play on a short delay, create highlights videos and full videos of all play on the table for distribution including but not limited to internet distribution or television distribution. Players do not have the right to opt out of this coverage.
  • Players on the TV table are required to position their hole cards in such a way that the table can read the cards to be displayed on the steam / video footage. Players will be directed by the Dealer, and / or Floor Staff or Media Team to do so and do not have the right to opt out of their hole cards being read.
  • Players on the TV table are not permitted to use mobile devices whilst at the table including phones, tablets and laptops, and any such infringement will result in penalties. We cannot however prevent any players from receiving information from friends watching the stream elsewhere.
  • The TV table may feature commentary from various people including but not limited to regular commentators and occasional guests. The opinions of the commentators and guests are their own and are not necessarily the opinions of partypoker LIVE.
  • We do not ban players from wearing patches/logos of any other poker companies, however we simply ask that players on the feature table limit their branding to no more than:
      1. 1 x Chest patch measuring no more than 12cm x 12cm
      2. 1 x Sleeve patch measuring no more than 12cm x 12 cm
      3. 1 x Hat logo measuring no more than 12cm x 12cm
      4. In the event of a player having a hoodie / jacket with a logo larger than 12cm x 12cm on the back, they are not permitted to wear it at the TV Table
  • We do not permit players to wear patches / branding from any thing we consider to be inappropriate, including but not limited to wearing the branding of porn sites, anything which could be considered to incite racial, gender, or religious hatred or be discriminatory.
  • We do not permit players to wear clothing that we consider to be too revealing.
  • Any infringement of these clothing regulations will result in exclusion. Once excluded, players are permitted to change into appropriate clothing and re-join the tournament. Our decision is final in this matter.
  • By playing a partypoker LIVE event, you agree to accept and adhere to these Terms and Conditions, failure to accept or adhere to these Terms and Conditions may result in players being disqualified from the tournament with no refund or financial compensation. 
  • Management decision is final.
  • Errors and omissions excepted.

 

PP LIVE Dollar Buy Ins

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Main Event $10,300

19th - 24th Mar 2019 | $5,000,000 GTD

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6 Max $1,100

22nd Mar 2019

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20th Mar 2019

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23rd Mar 2019

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23rd - 24th Mar 2019

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Mix Max $1,100

24th Mar 2019

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6 Max Turbo $5,300

24th Mar 2019

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Main Event Satellite ($1100) $1,100

18th - 19th Mar 2019

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Main Event Satellite ($2200) $2,200

18th - 20th Mar 2019

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Main Event Satellite ($550) $550

18th Mar 2019

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