What Will Allen Kessler Do with His $1.2 Million Slot Jackpot Win? | PokerNews Podcast

[@StudioGREGORIO]

~~~ I'm guessing just about everyone is asking "What's bothering you TODAY Allen?" LOL

[@tskeun]

i dont understand why if you win the jackpot you dont get the full amount???

[@MelodyMaker]

Ya. Is there a 20 year present value disclosure condition stamped on the cash feeder?

[@adamsabatka1352]

You do, but it's in an annuity, just like the big lottery jackpots. The advertised amount is the annuity, the lump sum prize is much smaller.

[@ChicagoTRS]

800K seems like a great offer. 800K invested and earning 5% interest annually would be around 2.1 million in 20 years.

[@MichaelB-n4o]

That is absolutely dog water returns

[@ChicagoTRS]

@@MichaelB-n4o not saying it is a great return...but with even a basic return it shows the lump sum is better than the annual payment

[@qwaszx2]

My favorite Kessler moment was in London when his phone wouldn't work and he was bumming Lakers tickets (they were playing in the UK). He asked to borrow my phone since I had a UK number. He said let me know if someone calls. I had some voicemails but I didn't check because was playing. I see a call from Beverly Hills, CA and I answer (this is before every call was a scam). I say, "Hello, who is this?" and then the man calling said, "This is Jerry Buss, who the hell is this?". I said, ahh, you're calling for Chainsaw...I had no clue who he was trying to reach. I walked over to Kessler and he arranged tickets at the box office that night. Let's just say Allen Kessler has the respect of the very top, and Jerry Buss isn't most influential person he has got freebies off of. I had played with Jerry at the Bike before, but he died before I ever saw him again to talk Chainsaw. That's a regret. He used to stake random Laker girls in the poker tournaments. He loved poker more than basketball even I think.

[@simpwithadollarsign9988]

Wizard of Oz is the best slot game ever, they took it from my local casino and it’s truly tragic

[@bluebuilding]

He won that on a $1.25 spin? ( 125 bonus buy yes) but that's winning a million dollars on a $1 lotto ticket. Wow I play on Bovada and they have hot drop jackpots and those get to be 400k+ and I try to win those! hit a 27k jackpot last year...lost it all back of course though

[@Mikeistheshit]

$125 a spin

[@Edward-xd1td]

He was betting 125 a spin he bought the bonus for that much not $1.25 125.00

[@bluebuilding]

@@Edward-xd1td I even wrote I know he paid 125 for the Bonus, but it equals out to $1.25 per spin, that is how its figure out. yet you still @ed me. You need to learn how to Read Edward!!!

[@houdinismith5613]

Kyna def pounding kessler

[@evingmadeez5008]

Wish you'd put qualify no chop in better tournament structures..ppl playing 15 mins turbos (i play) don't want to chop now bc ppl say no chop (Dnegs,J little,boski)

[@ernestoleitao8684]

Fire drip, that shirt is,,,,,,,, Kessler of all people, can you imagine?

[@davemarnell8871]

You can tell that chick hangs out with Kessler. I would love to be a fly on the wall while those two look at a menu. Everything must suck. I will always take over 2nd place money with any chop, unless I'm in first place at the time, but even then, I wouldn't automatically reject it. Such a crap shoot. You have to win a huge pot with Q-10 off suite at some point to win a tournament. Take over second all day.

[@kynaengland5756]

Wow thanks for sharing your miserableness with us.

[@darylmixan8170]

Exactly! She's acting like its strategic..lol on a slot machine

[@davev2232]

This probably made him break even for the summer

[@davidlonguil6893]

I don’t. Understand how you win 1.2 million dollars but don’t get 1.2 million ? Negotiations? Why is this ?

[@Dog8myhomework]

I agree. It makes no sense. Feels like false advertising, especially since the progressive is only a small portion of how much money was lost in the machines.

[@ChicagoTRS]

It is just like the lottery where to get the full amount you have to take it spread over 20 or 30 years. 800k now seems like a great offer...if he did not touch the money and invested it earning 5% (very doable these days)...in 20 years he will have around 2.1 million.

[@giuliani3570]

Well that is awesome. Cause we all know Chainsaw Kessler, the millionaire poker player, needs the money. ugggg

[@David-Lyman]

Kessler cracks me up! I find Eccentric behavior entertaining! Good for you Alan!

[@qwaszx2]

He's on the spectrum. Movies will be made about him. When I last asked him, 127k was his biggest jackpot. He has tons of gamble for comps, but in poker he's a huge nit unless someone talks shit to him, then he plays like a beast. He's never making long term -EV plays. He can say all he wants he was punting for a 3k comp, but he knows the EV.

[@shibahodl]

Where did he get his money from? Does he have a wealthy family?

[@Bowling_Dude]

I believe he did accounting before going full on gambler.

[@MichaelB-n4o]

@@Bowling_Dudeaccounting is min wage almost

[@Bowling_Dude]

@@MichaelB-n4o idk where you live but accounting is an avg of 50k a year which is well above minimum wage.

[@MichaelB-n4o]

@@Bowling_Dude 50.& is poverty

[@Bowling_Dude]

@@MichaelB-n4o 50k a year is like 26 an hour minimum wage in my state is 12 an hour. that's well above minimum wage and thats the average meaning you can easily make more than that. my sister-in-law is an accountant and makes nearly 100k a year

[@lordtraxx4217]

No he didn’t buy the bonus for $125. You guys don’t know slots apparently. That’s a good thing tho, lol, but no he was betting $125 per spin. If he bought that bonus (unlikely) it probably cost him $30000 to buy a bonus on a $125 spin.

[@gustaferiksson1503]

You do see it says buy a feature right?😂 it’s not a 125$ spin its a bought bonus, its seems like it’s you who don’t know slots 😂

[@lordtraxx4217]

@@gustaferiksson1503 it’s $125 per spin you clueless

[@AlojzyWajcha]

You don't talk to most important thing. Did Allan Kessler is now break even? 🤣🤣🤣🤣🤣

[@lheftw1376]

Skinny 🏴󠁧󠁢󠁥󠁮󠁧󠁿

[@MostlyLoveOfMusic]

Allen Kessler needs a bracelet, he's long overdue

[@sneakkyz3696]

He’s not that good tho

[@deankoenig6438]

Inđeed. Played a ton of tourns. Should have more bracelets.

[@MostlyLoveOfMusic]

@@deankoenig6438 more than zero yes

[@coincrazy3563]

i hope he didnt invest in stocks like he was asking yo 😮

[@deankoenig6438]

He will gamble it away. Lol

[@billywright9240]

As if her voice and laugh wasn't annoying enough, her Jenn Tilly impersonation made my windows shatter and my dog cry. Thanks pokernews.

[@donmasacre4919]

To win 1.2 million in slots you need to invest 2 million

[@thevideogamerconsortium6180]

Stop giving this nit the time of day. How many more good things will end because of Kessler?

[@qwaszx2]

I don't know about you, but I've made a ton of money just being friendly with him. Guy is a straight genius.

[@timf7813]

He's a trust fund kid so his life won't change

[@qwaszx2]

He's today's rainman. He doesn't, and has never cared about money. The cruelty of being on the spectrum and nice to everyone is that people don't recognize him as a genuine friend. He's a bit like Louis Rossmann, but wayyyy more out there.