Masters prize money: How much each player earns at Augusta

The Masters

Apr 2, 2023

The purse at the iconic major has increased significantly in recent years

Here is the prize money for the Masters in 2023 and the prize purses from years gone by at Augusta National Golf Club.

2023 Masters prize money

Not only did Jon Rahm take home the Green Jacket, the Masters champion also banked the lion’s share of the largest prize purse ever put up by Augusta National.

The 2023 Masters prize money, which was announced during the rain delay in the third round (perhaps to take focus away from falling trees), is $3 million up from the previous year, from $15 million to $18 million, while the winner pockets more than half a million more.

Phil Mickelson and Brooks Koepka, who led after each of the first three rounds at Augusta, shared second, but had the finished runner-up on their own they would have earned almost $2 million – more than champions Jordan Spieth and Danny Willett earned in 2015 and 2016 respectively.

Indeed, everyone from Rahm down to Tommy Fleetwood in 33rd earned more than six figures.

Amateur Sam Bennett, who finished in a tie for 16th alongside Tom Kim, Sungjae Im, Joaquin Niemann, Justin Rose, Shane Lowry and Hideki Matsuyama, takes home nothing due to his amateur status.

Had he done the unthinkable and won the Masters, then anyone finishing in second would have split the first prize.

Purse: $18 million
Winner’s share: £3.24 million

Full breakdown of the prize money payouts from the total purse:

1. Jon Rahm – $3,240,000

T2. Phil Mickelson, Brooks Koepka – $1,584,000

T4. Jordan Spieth, Patrick Reed, Russell Henley – $744,000

T7. Cameron Young, Viktor Hovland – $603,000

9. Sahith Theegala – $522,000

T10. Scottie Scheffler, Matt Fitzpatrick, Xander Schauffele, Collin Morikawa – $432,000

T14. Gary Woodland, Patrick Cantlay – $333,000

T16. Tom Kim, Sungjae Im, Joaquin Niemann, Justin Rose, Shane Lowry, Hideki Matsuyama – $324,000

T23. Keegan Bradley, Chris Kirk, KH Lee – $172,800

T26. Tony Finau, Scott Stallings, Ryan Fox – $138,600

T29. Si Woo Kim, Sam Burns, Harold Varner III, Mackenzie Hughes – $119,700

33. Tommy Fleetwood – $106,200

T34. Tyrrell Hatton, Cam Smith, Zach Johnson, Talor Gooch, JT Poston – $92,880

T39. Taylor Moore, Abraham Ancer, Adam Scott, Jason Day – $75,600

T43. Max Homa, Harris English, Mito Pereira – $63,000

T46. Sepp Straka, Seamus Power – $54,000

T48. Dustin Johnson, Thomas Pieters – $48,060

T50. Charl Schwartzel, Fred Couples – $47,160

52. Billy Horschel – $45,160

53. Keith Mitchell – $45,060

NB. Sam Bennett also finished tied 16th but receives no Masters prize money due to his amateur status, nor does Tiger Woods, who made the cut before withdrawing due to injury.