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He has TTT66, you have 666KK. A full house tens full of sixes (TTT66) beats sixes full of kings (666KK) in all variants of poker, not just PLO. This is because the tens are higher than the sixes, in this case.
The size of the last raise is the minimum size for the next raise. In the case you explained, player two at minimum must make it 20. That is the last raise was 8 dollars making it twelve to go, so the next minimum raise is eight more, making it 20 to go.
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