Thursday, September 1, 2011

Where Does the Money Go?

Money Trail
Example for 10 Players
 
         $40 entry fee
        x 10 total players
      = $400 total balance
         - 3.7% PayPal fee
      = $385.20 remaining 
       - $170.00  (total weekly prizes)
      = $215.20 remaining for grand prizes
       - $20.00 3rd place prize
      = $195.20
       - $60.00 2nd place prize
      = $135.20 1st place prize

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