MLD "local" payouts, what are they?

The payout structure for a MLD "local" event is similar to the MLD Tour Stop payouts except the entry fee is less and the number of players is less.

Everything is percentage based. 90% payout is guaranteed, so it scales with the number of participants.

In a nutshell: Consolation winner gets their entry fee back or last paid spot

So, here is the payouts for a 48 person event.
The total purse would be $2,160

Winner: $435
2nd: $250
Semis: $170
Last 8: $115
Last 16: $75

On a side note with 48 players, you will play a minimum of 21 legs of 501, assuming you lose 0-3 in the first round of the consolation bracket.