Major Golf Masters

The Masters Tournament 2024: This is how much prize money the players receive

04/15/2024 by Elena Reiter

The Masters Tournament 2024: This is how much prize money the players receive

The prize money for the Masters Tournament 2024. (Image: Getty)

11 Apr

04/11 – 04/14/2024

PGA Tour: Masters Tournament 2024

Augusta National Golf Club – Augusta, Georgia, United States of America

  • Round 4/4
  • Official
  • Strokeplay
  • Defending champion: Jon Rahm

At the 88th edition of the Masters Tournament,Scottie Scheffler once again proved why he is number 1 in the world rankings. At the first major of the season, Scheffler gave his competitors no chance and confidently secured his second Masters title. The organizers have now announced this year’s prize money to coincide with the final round. After the record sum of 2023, those responsible at Augusta National Golf Club are once again increasing the sum, this time by two million dollars, to more than 20 million. Scottie Scheffler can look forward to 3.6 million dollars.

How much prize money will the players receive at the Masters Tournament 2024?

As with other tournaments, the prize money will be divided up on a staggered basis, this time with 3.6 million dollars for the winner of the Major. This is followed by the other top three places, also with six-figure sums, up to 50th place with a further 50 thousand dollars. Unlike in previous years, the distribution is not 20 per cent for the winner, 18 per cent for second place and 6.8 per cent for third place. This year, first place will receive 18 per cent, second place will receive 10.8 per cent and third place will continue to receive 6.8 per cent of the prize money pot. The exact distribution of the prize money is therefore as follows:

PositionPlayerPrize Money
1stScottie Scheffler$3,600,000
2ndLudvig Aberg$2,160,000
T3Tommy Fleetwood$1,040,000
T3Collin Morikawa$1,040,000
T3Max Homa$1,040,000
T6Cameron Smith$695,000
T6Bryson DeChambeau$695,000
8thXander Schauffele$620,000
T9Will Zalatoris$540,000
T9Tyrrell Hatton$540,000
T9Cameron Young$540,000
T12Adam Schenk$406,000
T12Patrick Reed$406,000
T12Matthieu Pavon$406,000
T12Cam Davis$406,000
T16Chris Kirk$310,000
T16Sepp Straka$310,000
T16Byeong Hun An$310,000
T16Nicolai Hojgaard$310,000
T20Taylor Moore$250,000
T20Lucas Glover$250,000
T22Adam Scott$175,500
T22Keegan Bradley$175,500
T22Rory McIlroy$175,500
T22Joaquin Niemann$175,500
T22Min Woo Lee$175,500
T22Patrick Cantlay$175,500
T22Harris English$175,500
T22Matt Fitzpatrick$175,500
T30Rickie Fowler$124,200
T30Tom Kim$124,200
T30Si Woo Kim$124,200
T30J. T. Poston$124,200
T30Jason Day$124,200
T35Camilo Villegas$103,000
T35Akshay Bhatia$103,000
T35Kurt Kitayama$103,000
T38Hideki Matsuyama$86,000
T38Russel Henley$86,000
T38Luke List$86,000
T38Corey Conners$86,000
T38Ryan Fox$86,000
T43Phil Mickelson$72,000
T43Shane Lowry$72,000
T45Jose Maria Olazabal$57,200
T45Jon Rahm$57,200
T45Sahith Theegala$57,200
T45Denny McCarthy$57,200
T45Brooks Koepka$57,200
T45Danny Willett$57,200

It’s not just the 50 players who made it through to the weekend who can look forward to prize money. The players who didn’t make the cut at the Masters Tournament 2024 will also receive at least a “small” consolation in the form of 10,000 dollars.

In addition to the six-figure prize money, the winner will also receive the legendary green jacket, a replica of the clubhouse and the right to play in the iconic major for life.

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