2023 Charles Schwab Challenge: Purse and Payouts by Position

Scottie Scheffler and Andrew Novak, 2023 Charles Schwab Challenge,(Photo by Jonathan Bachman/Getty Images)
Scottie Scheffler and Andrew Novak, 2023 Charles Schwab Challenge,(Photo by Jonathan Bachman/Getty Images) /
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Breaking down this week’s 2023 Charles Schwab Challenge Purse, Prize money, and Payouts by position at Colonial.

While this week’s Charles Schwab Challenge purse failed in comparison to the substantial money that was on offer last week at Oak Hill for the 105th PGA Championship, it didn’t keep some of the best players in the game from making the trip to historic Colonial for this week’s PGA Tour event.

As one of the tour’s non-designated events, for this season at least, the prize money on offer over the weekend in Fort Worth, Texas, was a notch below some of the figures the pros have grown accustomed to in the special ‘elevated’ events this year.

The 8.7 million dollar purse for this year’s edition of the Charles Schwab Challenge, while still significant, was even less than what the field received at the 2023 AT&T Byron Nelson a couple of weeks ago.

Colonial’s purse is more on par with what the field received at the Zurich Classic of New Orleans (8.6 million) last month in Louisiana. It’s also significantly more than what was on offer in Mexico at this year’s Mexico Open at Vidanta, as well.

Still, one week after the second major of the year, some elite talent opted to make the trip down to the Lone Star State for a final time this season. The Charles Schwab Challenge marked the fifth and final event in Texas of the 2022-23 PGA season.

Three players created some distance between themselves and the rest of the chasing pack following three rounds of action at Colonial Country Club, with two of the three vying for their first win on tour during the final round on Sunday.

Both Adam Schenk and Harry Hall, who share the lead following 54 holes of action, will look for their breakthrough victory. Meanwhile, Harris English, who finds himself one shot adrift heading into Sunday, can return to the winners’ circle for the first time since the 2021 Travelers Championship when he outlasted Kramer Hickok in an eight-hole playoff for PGA win number four.

The pack of players hoping for the trio up top to slip up during the final round of action at this year’s Charles Schwab Challenge includes, Emiliano Grillo and Justin Suh (-6), followed by Viktor Hovland, Byeong Hun An, David Lipsky, and Kevin Streelman, all of whom find themselves five shots behind the leaders entering the final round at Colonial CC.

Whoever emerged victorious on Sunday at the Charles Schwab Challenge will have earned a little over 1.5 million dollars for their efforts in Forth Worth this week. Here is the complete prize breakdown by position for this week’s 8.7 million dollar Charles Schwab Challenge purse.

2023 Charles Schwab Challenge Purse and Payouts by Position.

  1. 2023 Charles Schwab Challenge Champion: $1,566,000
  2. $948,300
  3. $600,300
  4. $426,300
  5. $356,700
  6. $315,375
  7. $293,625
  8. $271,875
  9. $254,475
  10. $237,075
  11. $219,675
  12. $202,275
  13. $184,875
  14. $167,475
  15. $158,775
  16. $150,075
  17. $141,375
  18. $132,675
  19. $123,975
  20. $115,275
  21. $106,575
  22. $97,875
  23. $90,915
  24. $83,955
  25. $76,995
  26. $70,035
  27. $67,425
  28. $64,815
  29. $62,205
  30. $59,595
  31. $56,985
  32. $54,375
  33. $51,765
  34. $49,590
  35. $47,415
  36. $45,240
  37. $43,065
  38. $41,325
  39. $39,585
  40. $37,845
  41. $36,105
  42. $34,365
  43. $32,625
  44. $30,885
  45. $29,145
  46. $27,405
  47. $25,665
  48. $24,273
  49. $23,055
  50. $22,359
  51. $21,837
  52. $21,315
  53. $20,967
  54. $20,619
  55. $20,445
  56. $20,271
  57. $20,097
  58. $19,923
  59. $19,749
  60. $19,575
  61. $19,401
  62. $19,227
  63. $19,053
  64. $18,879
  65. $18,705

Next. Rose Zhang Turning Pro. dark

In addition to taking home their share of the 8.7 million dollars on offer, the 2023 Charles Schwab Challenge winner also earned a vital 500 FedEx Cup points in the season-long race to East Lake and the Tour Championship in the Autumn.

The PGA Tour shifts to Dublin, Ohio, next for another designated event, the 2023 Memorial Tournament at Jack’s place.