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The 2008 World Championships of Magic: the Gathering will be held in Memphis, December 11 to 14.
Players from more than 50 countries will participate for $240,000 in prizes, including a top prize of $10,000 in 14k gold $45,000 (Update: the 10k is for a side tournament, according to a commenter).
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Actually, first prize is $45,000. The $10K in gold is the prize in a separate side tournament.