20th Annual World Series of Poker
$1500 A-5 Draw
$1,500 Buy-In
Saturday, May 6, 1989
Casino: Binion's Horseshoe
Players: 199
Prize Pool: $298,500
| Place | Player | From | Prize Money |
| 1st | Harry Madoff | $119,400 | |
| 2nd | Billy Baxter | Las Vegas, NV, USA | $59,700 |
| 3rd | David Chew | $29,850 | |
| 4th | Linda Ott | $17,910 | |
| 5th | Mark Edwards | Inverness, CA, USA | $14,925 |
| 6th | Gary Stone | $11,940 | |
| 7th | Michael Woo | Desert Hot Springs, CA, USA | $8,955 |
| 8th | Don Rudd | $5,970 |
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