I think my old pool partner Mark Berry has the nuts on this… Unfortunately this happened during one of my breaks from pool otherwise I might have been able to share in this as well…
Mark played in a scotch doubles tourney sponsored by Canadian Club whiskey I believe, and Jeanette Lee was sponsored by them as well at the time. There were 6 local qualifying tourneys, winners got $1000 and paid trip to Vegas. Winners of that tournament won $20,000 for the team, pretty nice sum of money.
But here's the kicker - the winning team also got a chance to play Jeanette race to 2 in 8-ball. And if they won, they won $500,000! And on top of that, if they won they got a chance to break an 8-ball rack and try and make the 8 on the break for another $500,000! It was billed as the $1,000,000 tourney.
Long story short, Mark and his partner (who also played in the league with Mark and I on another team) won the qualifier, went to Vegas and won the tourney, and broke and ran the first rack against Jeanette then almost ran the second but messed up, and somehow Jeanette messed up late in the rack herself leaving a 2 ball out for the cash. They narrowly missed the 8 on the break. So they won $10,500 each for the tourneys, got a trip to Vegas, and $250,000 each for the challenge, paid out in an annuity over 20 years. Not a bad haul for amateur (albeit strong amateur) players.
Never did understand the premise of the tourney, someone didn't understand the odds for these things to happen somehow, either that or the insurance policy was really cheap…
Scott