FedEx St. Jude Championship payout distribution 2024: Purse, winner's prize money

How much prize money is on the line at the 2024 FedEx St. Jude Championship?
Hideki Matsuyama - FedEx St. Jude Championship
Hideki Matsuyama - FedEx St. Jude Championship / Andy Lyons/GettyImages
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The FedEx St. Jude Championship welcomed the Top 70 golfers this week for the first leg of the 2024 FedEx Cup Playoffs. 70 will become 50 next week as 20 players will see their season come to an abrupt end in Memphis, Tennessee.

Heading into this year's FedEx St. Jude Championship, all eyes were on World No.1 Scottie Scheffler and this year's PGA and British Open champion, Xander Schauffele, to see if the two could further increase their substantial leads atop of the FedEx Cup Standings. While both got off to good starts at TPC Southwind, it was Hideki Matsuyama who took control of the first event of this year's playoffs during the third round.

Fresh off of winning the bronze medal at the Olympics in his last start, Matsuyama kicked off his playoff run in style with consecutive rounds in the 60s before a 6-under 64 on Moving Day which, Per Justin Ray, ensured he would take the largest 54-hole lead of the season into the final round of this year's FedEx St. Jude Championship.

Hideki Matsuyama would look to keep his foot on the pedal with a host of big names, including the World No.1, looking to capitalize on any slip-ups by the leader during what was sure to be an enthralling final round of action at this year's FedEx St. Jude Championship.

While FedEx Cup glory and collecting the massive prize at East Lake is the ultimate goal for all involved in this year's playoffs, there is still substantial prize money up for grabs along the way. Whether it was Matsuyama, Scheffler, or any one of the chasing pack, whoever emerged victorious at the FedEx St. Jude Championship would earn a winning share of one of the season's most lucrative prize purses. But exactly how much was at stake at TPC Southwind in 2024? Let's take a look at this year's purse and payout structure for the 2024 FedEx St. Jude Championship.

FedEx St. Jude Championship purse 2024: Total purse and winner's prize money

The total purse for the FedEx St. Jude Championship is set at a whopping $20 million for 2024 with the winner of the year's first playoff event taking home a winner's share of $3.6 million; just under 20% of the overall prize purse in Tennessee. For the second year running, the FedEx St. Jude Championship will divvy out $20 million in prize money to its playoff field, this is an increase from the $15 million that was up for grabs in 2022 and matches the massive figures that were paid out at each of the season's eight signature events on the PGA Tour; only surpassed by the Players Championship and U.S. Open in 2024.

FedEx St. Jude Championship payout distribution by finishing position in 2024

Here is a look at the full payout distribution breakdown by finishing position for the first event of the 2024 FedEx Cup Playoffs.

Finishing Position

2024 FedEx St. Jude Championship Prize Money

2024 FedEx St. Jude Champion

$3,600,000

2nd

$2,160,000

3rd

$1,360,000

4th

$960,000

5th

$800,000

6th

$720,000

7th

$670,000

8th

$620,000

9th

$580,000

10th

$540,000

11th

$500,000

12th

$460,000

13th

$420,000

14th

$380,000

15th

$360,000

16th

$340,000

17th

$320,000

18th

$300,000

19th

$280,000

20th

$260,000

21st

$240,000

22nd

$224,000

23rd

$208,000

24th

$192,000

25th

$176,000

26th

$160,000

27th

$154,000

28th

$148,000

29th

$142,000

30th

$136,000

31st

$130,000

32nd

$124,000

33rd

$118,000

34th

$113,000

35th

$108,000

36th

$103,000

37th

$98,000

38th

$94,000

39th

$90,000

40th

$86,000

41st

$82,000

42nd

$78,000

43rd

$74,000

44th

$70,000

45th

$66,000

46th

$62,000

47th

$58,000

48th

$54,800

49th

$52,000

50th

$50,400

51st

$49,200

52nd

$48,000

53rd

$47,200

54th

$46,400

55th

$46,000

56th

$45,600

57th

$45,200

58th

$44,800

59th

$44,400

60th

$44,000

61st

$43,600

62nd

$43,200

63rd

$42,800

64th

$42,400

65th

$42,000

66th

$41,600

67th

$41,200

68th

$40,800

69th

$40,400

70th

$40,000

Boasting one of the season's largest purses, the FedEx St. Jude Championship will pay its field handsomely. The Top 36 finishers will take home six figures while the Top 11 will all earn at least $500,000. Meanwhile, the Top 3 at TPC Southwind will come away with seven figures and be in great position moving forward in the FedEx Cup Playoffs. Even finishing in 70th place at the 2024 FedEx St. Jude Championship is worth 40k.

Not only will this year's champion of the FedEx St. Jude Championship earn a significant portion of the massive prize purse, in addition to all of the other benefits that come with winning a PGA Tour event, they will also earn 2,000 FedEx Cup points; quadrupling the normal amount and leaving them in great stead going forward. Meanwhile, the Top 50 players who advance to the second leg of this year's FedEx Cup Playoffs at the BMW Championship will also cement their signature event status going into next season.

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