Democratic strategist David Axelrod said he would pay up on a $1,000 bet with LifeZette Editor-in-Chief Laura Ingraham over which presidential candidate would win on Election Day during an exchange Tuesday on “The Laura Ingraham Show.”

Ingraham and Axelrod, a former senior adviser to President Obama and chief strategist for Obama’s presidential campaigns, took part in a bet predicting the outcome of the election between President-Elect Donald Trump and former Secretary of State Hillary Clinton. Axelrod, like many in the professional punditry, predicted that Clinton would win handily against Trump.

“I am humbled and I will do it.”

But both the polls and Axelrod were way off, and Ingraham’s predictions for a populist revolt against the liberal elite and the political Establishment came to fruition.

“Before we do anything — let me say, I owe you. And I am going to pay my debt,” Axelrod told Ingraham on her show.

“And I heard your pitch for Food for the Poor, and I will match your donation, if that’s what you want me to do — that sounds like a great place to go,” Axelrod suggested.

Just prior to her interview with Axelrod, Ingraham had made a plug for Food for the Poor — a nonprofit Christian organization that provides food, shelter, and medicine to the poor in Latin America and the Caribbean. Ingraham noted that she gave a $1,000 donation to the organization.

“They do great work. But, I think, wasn’t [our bet] more than a thousand bucks, David? I thought it was 25 hundred?” Ingraham chided.

“Oh, no, no, no — I think we did it in front of an audience. But, you know, I mean, if you up yours, I’ll up mine, I guess,” Axelrod said.

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“I’m happy to have you give to Food for the Poor,” Ingraham said, “OK, we settled it! Food for the Poor — David Axelrod is going to give his donation to Food for the Poor.”

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But Ingraham had just one more condition for Axelrod:

“You gotta write in the notation on the check, though, David, you have to write ‘2016 Bet.’ OK? And you’ve got to take a photo of it and send it to me,” Ingraham insisted.

“I will. Absolutely,” Axelrod agreed. “I am humbled and I will do it.”