"So, this is why you play tournaments," said a friend of Will Pengelly's as Pengelly smiled and stacked towers of chips in preparation for a winner's photo at WinStar River Poker Series $2,500 Main Event.

"This is why you play tournaments," Pengelly confirmed.

Just 20 years old, Pengelly skipped class for the day at University of North Texas to come play out the final table at WinStar. As the top dog in a five-way chop, he's now taking home a sum most people his age couldn't dream of pocketing: $249,310.

Place Player Country Prize 1st Will Pengelly United States $249,310 2nd Ekrem Bozkurt United States $215,170 3rd Jeff Banghart United States $206,570 4th Ricky Green United States $205,710 5th Dean Baranowski United States $144,000 6th Matthew Bray United States $75,440 7th Alan Cummins United States $58,580 8th Johnny Deas United States $46,060 9th Brian Green United States $36,640

Cash games are Pengelly's bread and butter, as he's been grinding at WinStar since he turned 18. He decided to take a shot in the WinStar Main despite never having cashed in a tournament after a nice run in the local cash games.

"I think of tournaments kind of like the lottery," he said. "Many people enter and one player wins a lot of money. Today, that happened to be me."

It certainly didn't look like the lotto was going to land on Pengelly's lucky number early. After the elimination of short stack Brian Green almost right away, Pengelly twice picked up queen-ten suited and flopped open-enders with flush draws. Both times, he bricked out, the second one especially costly as he got stacks in against Dean Baranowski's top two.

Reduced to one of the shortest stacks, Pengelly waited for his spot and then got in a big flip with ace-king suited, once again flopping a combo draw. This time, he got there by pairing up on the river against start-of-day leader Johnny Deas, and he was back in business.

Deas had a miserable Day 2 as it was almost all downhill after the first half hour or so. Perhaps feeling the squeeze of his sinking stack, he picked a bad time to shove with fives after a jack-high flop, as Pengelly had flopped top set for basically a zero-sweat knockout in a huge pot.

Pengelly, clad in his trust Dirk Nowitzki jersey.

All of a sudden, Pengelly had gone from a shoving stack to near the chip lead in a matter of minutes.

Nebraska native Jeff Banghart then notched consecutive eliminations. First, his ace-queen held against Alan Cummins' king-jack reshove. Then, he raise-called ace-nine for about 23 big blinds against Matthew Bray, who jammed ace-four blind versus blind and wasn't exactly pleased with Banghart's call.

There had been some discussion of a chop before, and it recurred with five left. The five looked at the ICM numbers and quickly found them agreeable. Pengelly had the chip lead and took $249,310, followed by Ekrem Bozkurt with $215,170, Banghart with $206,570, Ricky Green with $205,710 and Baranowski with $144,000.

They played out a turbo for the bracelet and Pengelly had that wrapped within an hour, winning his first big tournament shot.

Throughout the latter stages of the event, Banghart offered fatherly advice to Pengelly, telling him not to quit school no matter what the result of the event. As a finance major, Pengelly will likely be more shrewd with his newfound cash than many his age.

"I really want to buy a nice car but it will most likely be going into the bank," he said.

And then? It's off to Vegas for his first WSOP as he'll be of legal age by the time the summer rolls around and the semester is over.

"Yeah, I will certainly be going there to check things out," he said.