How big is the Masters purse, and how much of it does the winner get?

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Jim Nantz previews The Masters

Jim Nantz previews The Masters 05:22

A debased people astatine nan Masters astatine Augusta intends a precocious payout for master golfers.

Last year, tourney victor John Rahm took location a $3.2 cardinal payout successful prize money, a bully chunk of nan tournament's full $18 cardinal purse. 

The remainder of nan purse was divided among 50 golfers, pinch nan tournament's 2 runners-up taking location $1.6 mililon each successful prize money. Only 3 golfers earned 7 figures, based connected really they placed. 

In 2022, nan tournament's purse totaled $15 million, pinch victor Scottie Scheffler taking location $2.7 million. 

The purse for nan 2024 title astatine Augusta will beryllium announced Saturday, according to tourney representatives. Following tradition, it is announced during, arsenic opposed to successful beforehand of nan tournament. 

In 2023, nan breakdown was arsenic follows. Notably, amateurs do not gain money to compete. 

  • Purse: $18 million
  • Winner: $3.24 million
  • Second Place (two players tied): $1.58 million
  • Fourth Place (three players tied): $744,000
  • Seventh Place (two players tied): $580,500
  • Ninth Place: $522,000
  • Tenth place: $432,000
  • The first twelvemonth nan masters was played, successful 1934, nan purse was $5,000 and nan victor took location $1,500. 

    Megan Cerullo

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    Megan Cerullo is simply a New York-based newsman for PapaRead MoneyWatch covering mini business, workplace, wellness care, user spending and individual finance topics. She regularly appears connected PapaRead News Streaming to talk her reporting.


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