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Fortnite World Cup Winners are being introduced into the harsh world of taxes

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For the teenagers competing in the Fortnite World Cup, filing taxes could have seemed like a foreign concept.

Even if players had to deal with some tax work from an odd job or a deal with an esports organization, having to pay back a significant amount of winnings can feel brutal.

When Bugha won the Fortnite World Cup he won a well-publicized prize of $3,000,000. But that prize falls under the American tax system’s highest tax bracket of 37%.

That means that every dollar he earned over 500,000 was taxed at 37%. Here’s a simple breakdown of American tax brackets, for simplicity sake we are going to say his entire prize was taxed at the top bracket. In reality, he will have about $30,000 extra after taxes.

After Uncle Sam collects, Bugha will be down to $1,890,000. A big drop, but not the worst thing in the world. But taxes aren’t done yet, because the tournament was held in New York, the richest state in the nation, they have one of the highest tax rates at 8.82%.

That takes off another $275,000. Now he’s down to $1,615,000. Hey at least it’s still over half. Fortnite World Cup runner-up Psalm was on Fox Business Network to talk about how he is dealing with the taxes that cut his $1.8 million to just over $900,000.

Fortnite World Cup Runner Up Psalm talked about taxes on Fox Business Network

But now lets go back to Bugha, because people arent done coming for his cash. Next up: Sentinels. Bugha was a relatively unknown player coming in to the event, he didn’t have any big finishes at the time of the signing and Sentinels signed him before he had even qualified for the Fortnite World Cup. So when signing a deal, Bugha was probably happy to trade a percentage of future prize winnings for a steady salary.

According to reports in the community, Bugha’s deal signs over 20% of his winnings to the organization. It isn’t clear if that percentage is taken out pre-tax or post-tax so we can calculate both.

Total winnings if Sentinels percentage comes pre-tax: $1,015,000

Total winnings is Sentinels percentage comes post-tax: $1,292,000

It’s a brutal wake-up call for the young star. even if you win the biggest individual prize pool in esports history, you still need to keep the government happy.

Esports

How to compete in the $1M Fortnite Marvel Super Cup

Fortnite and Marvel are ending the competitive season with the $1m Fortnite Super Cup.

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The Marvel takeover of Fortnite Season 4 has extended to competitive play through the Marvel knockout Super Series tournaments that have been taking place over the course of the past few months. Epic have been offering players free superhero skins by placing highly in the Daredevil, Ghost Rider, Black Widow, and upcoming Venom Cups.

As announced at the begging of all of this, free skins are not the end-game for Fortnite (no pun intended). All of the action will culminate in an epic $1,000,000 Duos tournament to end the season.

The Super Cup will be the first Marvel Cup to offer a cash prize to winners in each region. It will take place on November 21 and will give players a chance to implement what they’ve learned from the previous Cups and put it into action.

Format and Prizes

The Super Cup will be in the Duos playlist but there will be a few tweaks to the gameplay. First, this won’t be a Marvel Knockout game mode like the last few cups have been. Epic have also announced that eliminate players will now drop 20 materials to a cap of 200 – lower than the traditional 500 competitive cap. As you can probably expect, there will also be an uptick in superpowers available in this cup.

There was talk of previous Marvel Knockout performances playing a role in player eligibility, but the tournament seems to be open to everyone who wants to compete. Here’s a look at the scoring system for each match:

Placement
Victory Royale: 55 Points
2nd: 49 Points
3rd: 46 Points
4th: 43 Points
5th: 40 Points
6th: 37 Points
7th: 35 Points
8th: 33 Points
9th: 31 Points
10th: 29 Points
11th: 27 Points
12th: 25 Points
13th: 23 Points
14th: 21 Points
15th: 19 Points
16th: 17 Points
17th: 15 Points
18th: 13 Points
19th: 11 Points
20th: 9 Points
21st: 7 Points
22nd: 5 Points
23rd: 4 Points
24th: 3 Points
25th: 2 Points
26th-45th: 1 Point

Each Elimination: 5 Points

As usual, the distribution of prizes will depend on your region, with the larger regions receiving a bigger portion of the $1,000,000. Here’s how all of the prizes will be distributed in each region.

Event Prizes – Europe

Rank    Prize
1st    $4,000
2nd    $3,500
3rd    $3,000
4th    $2,700
5th    $2,600
6th    $2,500
7th    $2,400
8th    $2,300
9th    $2,200
10th    $2,000
11th-20th    $1,800
21st-30th    $1,500
31st-40th    $1,300
41st-50th    $1,100
51st-75th    $1,000
76th-100th    $900
101st-250th    $800
251st-500th    $600

Event Prizes – NA East

Rank    Prize
1st    $3,500
2nd    $3,000
3rd    $2,700
4th    $2,600
5th    $2,500
6th    $2,400
7th    $2,300
8th    $2,100
9th    $2,000
10th    $1,800
11th-20th    $1,500
21st-30th    $1,400
31st-40th    $1,100
41st-50th    $1,000
51st-75th    $950
76th-100th    $850
101st-250th    $750

Event Prizes – NA West

Rank    Prize
1st    $3,000
2nd    $2,500
3rd    $2,300
4th    $2,000
5th    $1,900
6th    $1,800
7th    $1,700
8th    $1,600
9th    $1,500
10th    $1,400
11th-20th    $1,200
21st-30th    $1,000
31st-40th    $900
41st-50th    $850
51st-75th    $800
76th-100th    $750

Event Prizes – Brazil

Rank    Prize
1st    $3,000
2nd    $2,500
3rd    $2,300
4th    $2,000
5th    $1,900
6th    $1,800
7th    $1,700
8th    $1,600
9th    $1,500
10th    $1,400
11th-20th    $1,200
21st-30th    $1,000
31st-40th    $900
41st-50th    $850
51st-75th    $800
76th-100th    $750

Event Prizes – Asia

Rank    Prize
1st    $2,500
2nd    $2,000
3rd    $1,900
4th    $1,800
5th    $1,700
6th    $1,600
7th    $1,500
8th    $1,400
9th    $1,300
10th    $1,200
11th-20th    $1,000
21st-30th    $900
31st-40th    $700
41st-50th    $500
51st-75th    $400

Event Prizes – OCE

Rank    Prize
1st    $2,500
2nd    $2,000
3rd    $1,900
4th    $1,800
5th    $1,700
6th    $1,600
7th    $1,500
8th    $1,400
9th    $1,300
10th    $1,200
11th-20th    $1,000
21st-30th    $900
31st-40th    $700
41st-50th    $500
51st-75th    $400

Event Prizes – Middle East

Rank    Prize
1st    $2,500
2nd    $2,000
3rd    $1,900
4th    $1,800
5th    $1,700
6th    $1,600
7th    $1,500
8th    $1,400
9th    $1,300
10th    $1,200
11th-20th    $1,000
21st-30th    $900
31st-40th    $700
41st-50th    $500
51st-75th    $400

If you’d rather spectate the event, you can always watch the official Fortnite Twitch or YouTube streams. The broadcast will begin at 1pm EST on November 21 with the European region. NA-East will kick off at 5pm. It looks like these are the only two regions that will be covered on the official broadcast.

Do you think you have what it takes to win the Super Cup? Give it a shot by competing in the Venom Cup this week and Super Cup next week. Good luck!

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DreamHack Open ft. Fortnite November Results

OVA Noahreyli and Wave Vadeal take home first place in the European region of the DreamHack Open ft. Fortnite Duos tournament.

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DreamHack Open featuring Fortnite returned for November, bringing their first Duos tournament to close-out the year. The DreamHack format had, traditionally, been Solos up until this point, with a deviation now that Fortnite supports Arena Duos and Duos tournaments.

The European region was the first to complete its stage of the tournament, with NA-East competing this past weekend.. Ahead, we’ll give you the results for EU and NA-East, with an update when the final region finishes their tournament.

DreamHack Open European results

The European region was the first to compete for their share of the $250,000 monthly prize pool with Vandeal and Noahreyli taking home first place. The duo dominated the competition without winning a single game – finishing almost 50 points above TT9 KURA 74 and Grizi BadSnipR in second.

The fan-favorite duo of MrSavage and Benjyfishy barely landed in third place with 303 points. There was a stark drop-off in points after that, with Setty and Teep scoring 262 points with two wins and an average of 3 kills per game.

Here’s a look at the top ten in the European region of the DreamHack November Duos tournament:

PlacementPlayersPointsPrize
1stOVA Noahreyli & Wave Vadeal352$24,000
2ndGrizi BadSnipR & TT9 KURA 74304$14,000
3rd100T MrSavage & NRG benjyfishy303$11,500
4thGXR teeq & Spectrum Setty262$9,600
5thGXR Milan & chapix 74249$7,850
6thGamma Kami & OTW packo239$5,800
7thslide zeykoo  wk & Spectrum Kyzen205$4,700
8thGamma Merjin & jaspaay204$4,100
9thGrizi Snayzy & R0babzr197$3,600
10thsаеvіd & Βrowner195$3,100

DreamHack Open NA-East results

Team XSET took home the NA-East region as established pros Knight and Shark walked away with first place and $15,000 – not bad for a few days of Fortnite. Acorn and Jaq finished ten points behind in second with 329 points.

Bugha is making his case for being one of the most consistent finishers in all of Fortnite. We tend to see him at or near the top of the heap in every tournament in which he participates. DreamHack November was no different, as he and Avery finished in third – 14 points above Furious and Calc in fourth.

The fan-favorite duo of Clix and Bizzle had a disappointing week with a 25th-place finish. They’ll both look to pick it up in the next DreamHack of FNCS event. Here’s a look at how the top-ten looked when the event had ended:

PlacementPlayersPointsPrize
1stXSET Knight, XSET Shark338$15,000
2ndOP Acоrn, jаhq329$9,000
3rdbughа, C9 Avery285$7,250
4thFuriouѕ., BBG YUNGCALC271$5,850
5thV0IL, OA Rocaine266$4,900
6thSEN Turkeyspect, Xoonies264$3,700
7thOutc4st fr4t, Vanish Bank257$2,900
8thDegеn, Ajerss252$2,550
9thvnsh glace, Trаshу244$2,250
10thskqttles, C9. Chap242$1,900

This week will feature the NA-West region, and we should see some of the biggest duos battling it out for the same prize pool that you can see, above. We’ll be back with coverage of North America next Sunday.

Until then, players can scratch their competitive itch by watching the DreamHack qualifiers or competing in this week’s presumed Marvel Knockout Super Series – which has yet to be officially announced. Have fun!

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How to register for the Fortnite Chipotle Challenger Series

The Chipotle Challenger Series returns to Fortnite, giving players a chance to compete against the biggest names in the game.

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Chipotle is capping-off its 2020 tournament season with yet another Chipotle Challenger Series featuring Fortnite. This time, players like you will have a chance to make a name for themselves by competing against some of the best players in the world.

The trios tournament is set to kick off on November 24 and will run until the Grand Finals on December 8. It’s locked to PC, but that doesn’t mean that console players can’t compete. They’ll just need a PC user to play with them and queue-up as the party leader.

You can register for the event on Chipotle’s smash.gg page here. All players must be at least 13 years old and must enable two-factor authentication before competing in the event.

Format & Schedule

As we said, the qualifiers will kick off at the end of the month on November 24. This will continue on December 1 and the Grand finals will take place on December 8 – closing the Chipotle Challenger Series for the year.

  • November 24: 3pm PST/6pm EST and 6pm PST/9pm EST
  • December 1st: 3pm PST/6pm EST and 6pm PST/9pm EST

Chipotle Challenger Series VI Finale

  • December 8: 12pm PST/3pm EST

The qualifiers will work like a lot of the other Open Qualifier tournaments have in the past. 1,000 trios will be chosen and the top four in each qualifiers will advance to the finals.

Once in the finals, you’ll battle it out against Fortnite streamers, pros, and celebrity fans. The roster of talent has yet to be confirmed, but we’ll update this post when we find have more official news.

The prizes will be the same as they were for the last Chipotle Fortnite tournament. The top three teams will earn free burritos for the year along with a cash prize of $30,000, $15,000, and $5,000.

Good luck to everyone who plans on participating in the Open Qualifiers. This is a chance for some unknown pros to make a name for themselves on the biggest stage in Fortnite. All you need to do is register.

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