The big tournament going on right now is the Mohegan Sun $5k main event … make the the NAPT-Mohegan Sun main event … make that the PokerStars.net NAPT Mohegan Sun Main Event.

To some extent, this was a proof-in-the-pudding tournament for the fledgling-but-promising North American Poker Tour. They pulled off a total hit a couple months ago in Las Vegas at the Venetian … but that was in Las Vegas, where most of the pros live and tourists love to travel to — this is Uncasville, Connecticut! But still … turned out Mohegan Sun has proved that NAPT events can indeed draw enough top-rank talent across the country for a $5k event worthy of televising on ESPN2.

Even Full Tilt showed up — and not just the red pros, but team pro, too, including Phil Ivey and Tom Dwan.

The event set Mohegan Sun records for both attendance and prizepool. They got 716 players … more than 100 of whom will chop up nearly $3.3 million … and top prize is a handsome $750k.

Follow the live updates and chip counts here.

Pauly’s there, too … holy fugk, the event even drew Tao coverage — surely it’s gonna stick!

Click below to see what really does look to be a great payout structure.

P.S. David Williams is winning.

1 $ 750,000 –
2 $ 428,000 –
3 $ 240,000 –
4 $ 190,000 –
5 $ 150,000 –
6 $ 115,000 –
7 $ 85,000 –
8 $ 60,244 –
9-10 $ 47,000 –
11-12 $ 38,000 –
13-14 $ 29,000 –
15-16 $ 23,000 –
17-24 $ 19,000 –
25-32 $ 16,000 –
33-40 $ 13,500 –
41-48 $ 11,500 –
49-56 $ 10,500 –
57-72 $ 9,500 –
73-88 $ 8,500 –
89-104 $ 7,500 –