by wildcherry on Friday, December 4th, 2009 | News, Sports

The 2010 World Cup draws begins at Noon ET/9am PT/5pm GMT today. A 90-minute show in which 32 pingpong balls are plucked from a quartet of “pots” to reorganize teams that have qualified for the World Cup into eight groups of four will be available live on television on ESPN2, ESPN360, noon ET.
You can also watch and follow the draw results live onlineLive draw here.

The winning team at next year’s World Cup will get $31 million in prize money.

FIFA said Thursday the overall prize pool to be divided between the 32 participating nations will be $420 million, a 60 percent increase from the $261.4 million it paid out at the 2006 World Cup in Germany.

Each team will receive $1 million for preparation costs. The winner will get an additional $30 million, the runner-up $24 million, semifinal losers $20 million, quarterfinal losers $18 million, second-round losers $9 million and first-round losers $8 million.

Tags: fifa world cup draw live, live world cup draw, world cup draw, world cup draw 2010, world cup draw live, world cup draw live stream, world cup draw online, world cup draw stream, world cup draw time, world cup pots, world cup qualifying groups