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Prize money at the Masters

Masters prize money: How much each player earns at Augusta

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

 

Here is the Masters prize money in 2024 and the prize purses from years gone by at Augusta National Golf Club.

The Masters prize money: 2024

Not only did Jon Rahm take home the Green Jacket in 2023, but 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, was $3 million up from the previous year, from $15 million to $18 million, while the winner pocketed 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 they 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.

The total prize purse for the 2024 Masters has been increased once more, and it now sits at $20,000,000 – the same as the Signature Events on the PGA Tour.

Scottie Scheffler was at his brilliant best once again in 2024. He kept the field at arm’s length and won the Masters by four shots from Ludvig Aberg.

Take a look below at what Scheffler won for his second Green Jacket and what the rest of the field banked too…

Prize money at the Masters

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2024 Masters Prize Money

Win: Scottie Scheffler: $3,600,000

2: Ludvig Aberg: $2,160,000

T-3: Tommy Fleetwood: $1,040,000

T-3: Max Homa: $1,040,000

T-3: Collin Morikawa: $1,040,000

T-6: Cameron Smith: $695,000

T-6: Bryson DeChambeau: $695,000

8: Xander Schauffele: $620,000

T-9: Will Zalatoris: $540,000

T-9: Tyrrell Hatton: $540,000

T-9: Cameron Young: $540,000

T-12: Matthieu Pavon: $405,000

T-12: Patrick Reed: $405,000

T-12: Adam Schenk: $405,000

T-12: Cameron Davis: $405,000

T-16: Sepp Straka: $310,000

T-16: Chris Kirk: $310,000

T-16: Byeong Hun An: $310,000

T-16: Nicolai Hojgaard: $310,000

T-20: Taylor Moore: $250,000

T-20: Lucas Glover: $250,000

T-22: Keegan Bradley: $175,500

T-22: Min Woo Lee: $175,500

T-22: Harris English: $175,500

T-22: Adam Scott: $175,500

T-22: Rory McIlroy: $175,500

T-22: Joaquin Niemann: $175,500

T-22: Matt Fitzpatrick: $175,500

T-22: Patrick Cantlay: $175,500

T-30: Tom Kim: $124,200

T-30: Jason Day: $124,200

T-30: S.W. Kim: $124,200

T-30: J.T. Poston: $124,200

T-30: Rickie Fowler: $124,200

T-35: Kurt Kitayama: $103,000

T-35: Camilo Villegas: $103,000

T-35: Akshay Bhatia: $103,000

T-38: Russell Henley: $86,000

T-38: Corey Conners: $86,000

T-38: Hideki Matsuyama: $86,000

T-38: Luke List: $86,000

T-38: Ryan Fox: $86,000

T-43: Phil Mickelson: $72,000

T-43: Shane Lowry: $72,000

T-45: Denny McCarthy: $57,200

T-45: Jose Maria Olazabal: $57,200

T-45: Brooks Koepka: $57,200

T-45: Sahith Theegala: $57,200

T-45: Jon Rahm: $57,200

T-45: Danny Willett: $57,200

51: Grayson Murray: $49,200

52: Eric Cole: $48,000

T-53: Adam Hadwin: $47,200

T-53: Neal Shipley: $0 (amateur)

T-55: Jake Knapp: $46,000

T-55: Erik van Rooyen: $46,000

T-55: Tony Finau: $46,000

T-58: Vijay Singh: $45,000

T-58: Thorbjorn Olesen: $45,000

60: Tiger Woods: $44,400

The Masters have stated that “the remainder of the professionals will receive cash prize ranging downward from $49,200 depending on the scores”.

Prize money at the Masters: Years gone by…

2023
Purse: $18 million
Winner’s share: $3,240,000 (Jon Rahm)

2022
Purse: $15 million
Winner’s share: £2.7 million (Scottie Scheffler)

2021
Purse: $11.5 million
Winner’s share: £2.07 million (Hideki Matsuyama)

2020
Purse: $11.5 million
Winner’s share: £2.07 million (Dustin Johnson)

2019
Purse: $11.5 million
Winner’s share: £2.07 million (Tiger Woods)

2018
Purse: $11 million
Winner’s share: £1.98 million (Patrick Reed)

2017
Purse: $11 million
Winner’s share: £1.98 million (Sergio Garcia)

2016
Purse: $10 million
Winner’s share: $1.8 million (Danny Willett)

2015
Purse: $10 million
Winner’s share: $1.8 million (Jordan Spieth)

2014
Purse: $9 million
Winner’s share: $1.62 million (Bubba Watson)

2013
Purse: $8 million
Winner’s share: $1.44 million (Adam Scott)

2012
Purse: $8 million
Winner’s share: $1.44 million (Bubba Watson)

2011
Purse: $8 million
Winner’s share: $1.44 million (Charl Schwartzel)

2010
Purse: $7.5 million
Winner’s share: $1.35 million (Phil Mickelson)

Prize money at the Masters

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2009
Purse: $7.5 million
Winner’s share: $1.35 million (Angel Cabrera)

2008
Purse: $7.5 million
Winner’s share: $1.35 million (Trevor Immelman)

2007
Purse: $7.4 million
Winner’s share: $1.3 million (Zach Johnson)

2006
Purse: $7 million
Winner’s share: $1.26 million (Phil Mickelson)

2005
Purse: $7 million
Winner’s share: $1.26 million (Tiger Woods)

2004
Purse: $6 million
Winner’s share: $1.17 million (Phil Mickelson)

2003
Purse: $6 million
Winner’s share: $1.08 million (Mike Weir)

2002
Purse: $5.6 million
Winner’s share: $1 million (Tiger Woods)

2001
Purse: $5.6 million
Winner’s share: $1 million (Tiger Woods)

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Matt Chivers

Matt Chivers

Now on the wrong side of 25, Matt has been playing golf since the age of 13 and was largely inspired to take up the game by countless family members who played golf during his childhood.

Matt is a member at Royal Cinque Ports in Deal playing off a 5 handicap, just a pitching wedge away from his hometown of Dover where he went to school and grew up. He has previously been a member at Etchinghill and Walmer and Kingsdown in Kent.

Having studied history at the University of Liverpool, Matt went on to pass his NCTJ Exams in Manchester a year later to fulfil his lifelong ambition of becoming a journalist. He picked up work experience along the way at places such as the Racing Post, the Independent, Sportsbeat and the Lancashire Evening Post.

Matt joined NCG in February 2023 and is the website’s main source of tour news, features and opinion. He has reported live from events such as The Open, the Ryder Cup and The Players Championship, having also interviewed and spoken to the likes of Rory McIlroy, Tommy Fleetwood, Lee Westwood, Graeme McDowell, Henrik Stenson, to name just a few.

Consuming tour golf on what is a 24/7 basis, you can come to Matt for informed views on the game and the latest updates on the PGA Tour, DP World Tour, LPGA Tour, Ladies European Tour and LIV Golf.

What’s in Matt’s bag: Cobra LTDx LS driver, Cobra LTDx 3-wood, TaylorMade P7MC irons, Ping Glide 4.0 wedges, Odyssey putter.

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