The Masters payout distribution 2024: Winner's payout, prize purse
After months of waiting and anticipation, the first major on the golfing calendar finally arrived this week. The Masters, as it always does, delivered once again.
The No. 1 player in the world, Scottie Scheffler, demonstrated once again why he continues to hold the top spot in OWGR rankings and most people's golf power rankings in general. The 2022 Masters champion followed a terrific bogey-free opening round of 6-under 66 with rounds of 72 and 71 on Friday and Saturday at Augusta National. Scheffler's 1-under 71 on moving day ensured the Texan would sleep on the narrow overnight lead.
Scheffler would attempt to hold back the challengers during the final round with the two-time PLAYERS Champion looking to add a second green jacket to his closet. Big names including two-time major champion, Collin Morikawa, found themselves just a shot or two back of Scheffler's lead going into the final round of this year's Masters.
Following both a putter change and coach change, Morikawa found himself back in contention on the big stage thanks to rounds of 71 and 70 on the first two days, and a phenomenal 3-under 69 on moving day; the second-best round of the day.
Max Homa and Ludvig Aberg, two players looking for their first major, including one playing in his first major, were also well within striking distance of Scheffler's lead going into the final round of this year's Masters. Other big names including 2020 U.S. Open winner Bryson DeChambeau, perennial major contender, Xander Schauffele, Tommy Fleetwood, Cameron Smith, and Patrick Cantlay were also well-positioned to make a run at the green jacket.
Competing for one of the largest prize purses of the year, competition was sure to be fierce during what was shaping up to be another compelling and dramatic conclusion at the Masters. Let's take a look at the eye-opening purse for the year's first major; including the massive winner's payout at Augusta National.
The Masters purse 2024: Winner's share and total prize purse
The Masters Tournament purse for its 88th edition is set at a massive $20 million for 2024. This is an increase from last year's Masters purse of $18 million and a handsome $5 million increase from the 2022 purse which was set at $15 million. The Masters champion for 2024, Scottie Scheffler, will take home an eye-opening $3.6 million winner's share; a little under 20% of the overall prize purse for the year's first major. This is also up from last year's Masters where winner Jon Rahm earned a $3.2 million winner's share.
The Masters payout distribution by finishing position in 2024
Here is a look at the payout distribution breakdown for the 88th Masters, including the winner's share of $3.6 million and prize money by finishing position for 2024.
Finishing Position | Masters Tournament Prize Money |
|---|---|
2024 Masters Champion: Scottie Scheffler | $3,600,000 |
2nd: Ludvig Aberg | $2,160,000 |
T-3rd: Tommy Fleetwood | $1,040,000 |
T-3rd: Max Homa | $1,040,000 |
T-3rd: Collin Morikawa | $1,040,000 |
T-6th: Cameron Smith | $695,000 |
T-6th: Bryson DeChambeau | $695,000 |
8th: Xander Schauffele | $620,000 |
T-9th: Will Zalatoris | $540,000 |
T-9th: Cameron Young | $540,000 |
T-9th: Tyrrell Hatton | $540,000 |
T-12th: Matthieu Pavon | $405,000 |
T-12th: Patrick Reed | $405,000 |
T-12th: Adam Schenk | $405,000 |
T-12th: Cameron Davis | $405,000 |
T-16th: Sepp Straka | $310,000 |
T-16th: Chris Kirk | $310,000 |
T-16th: Byeong Hun An | $310,000 |
T-16th: Nicolai Hojgaard | $310,000 |
T-20th: Taylor Moore | $250,000 |
T-20th: Lucas Glover | $250,000 |
T-22nd: Keegan Bradley | $175,500 |
T-22nd: Min Woo Lee | $175,500 |
T-22nd: Harris English | $175,500 |
T-22nd: Adam Scott | $175,500 |
T-22nd: Rory McIlroy | $175,500 |
T-22nd: Joaquin Niemann | $175,500 |
T-22nd: Matt Fitzpatrick | $175,500 |
T-22nd: Patrick Cantlay | $175,500 |
T-30th: Tom Kim | $124,200 |
T-30th: Jason Day | $124,200 |
T-30th: Si Woo Kim | $124,200 |
T-30th: J.T. Poston | $124,200 |
T-30th: Rickie Fowler | $124,200 |
T-35th: Kurt Kitayama | $103,000 |
T-35th: Camilo Villegas | $103,000 |
T-35th: Akshay Bhatia | $103,000 |
T-38th: Russell Henley | $86,000 |
T-38th: Corey Conners | $86,000 |
T-38th: Hideki Matsuyama | $86,000 |
T-38th: Luke List | $86,000 |
T-38th: Ryan Fox | $86,000 |
T-43rd: Phil Mickelson | $72,000 |
T-43rd: Shane Lowry | $72,000 |
T-45th: Denny McCarthy | $57,200 |
T-45th: Jose Maria Olazabal | $57,200 |
T-45th: Brooks Koepka | $57,200 |
T-45th: Sahith Theegala | $57,200 |
T-45th: Jon Rahm | $57,200 |
T-45th: Danny Willett | $57,200 |
The Top 3 finishers at this year's Masters will see seven-figure prizes coming their way. Meanwhile, each of the Top 11 finishers at Augusta National will walk away with at least a half a million payout in 2024. In addition to a substantial payday, the Top 12 finishers will also receive an invite to next year's Masters Tournament.
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The increased Masters purse for its 88th edition will be one of the highest of the season and is on par with individual purses on the LIV Tour and PGA Tour Signature Event purses in 2024.
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