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:
| Position | Player | Prize Money |
|---|---|---|
| 1st | Scottie Scheffler | $3,600,000 |
| 2nd | Ludvig Aberg | $2,160,000 |
| T3 | Tommy Fleetwood | $1,040,000 |
| T3 | Collin Morikawa | $1,040,000 |
| T3 | Max Homa | $1,040,000 |
| T6 | Cameron Smith | $695,000 |
| T6 | Bryson DeChambeau | $695,000 |
| 8th | Xander Schauffele | $620,000 |
| T9 | Will Zalatoris | $540,000 |
| T9 | Tyrrell Hatton | $540,000 |
| T9 | Cameron Young | $540,000 |
| T12 | Adam Schenk | $406,000 |
| T12 | Patrick Reed | $406,000 |
| T12 | Matthieu Pavon | $406,000 |
| T12 | Cam Davis | $406,000 |
| T16 | Chris Kirk | $310,000 |
| T16 | Sepp Straka | $310,000 |
| T16 | Byeong Hun An | $310,000 |
| T16 | Nicolai Hojgaard | $310,000 |
| T20 | Taylor Moore | $250,000 |
| T20 | Lucas Glover | $250,000 |
| T22 | Adam Scott | $175,500 |
| T22 | Keegan Bradley | $175,500 |
| T22 | Rory McIlroy | $175,500 |
| T22 | Joaquin Niemann | $175,500 |
| T22 | Min Woo Lee | $175,500 |
| T22 | Patrick Cantlay | $175,500 |
| T22 | Harris English | $175,500 |
| T22 | Matt Fitzpatrick | $175,500 |
| T30 | Rickie Fowler | $124,200 |
| T30 | Tom Kim | $124,200 |
| T30 | Si Woo Kim | $124,200 |
| T30 | J. T. Poston | $124,200 |
| T30 | Jason Day | $124,200 |
| T35 | Camilo Villegas | $103,000 |
| T35 | Akshay Bhatia | $103,000 |
| T35 | Kurt Kitayama | $103,000 |
| T38 | Hideki Matsuyama | $86,000 |
| T38 | Russel Henley | $86,000 |
| T38 | Luke List | $86,000 |
| T38 | Corey Conners | $86,000 |
| T38 | Ryan Fox | $86,000 |
| T43 | Phil Mickelson | $72,000 |
| T43 | Shane Lowry | $72,000 |
| T45 | Jose Maria Olazabal | $57,200 |
| T45 | Jon Rahm | $57,200 |
| T45 | Sahith Theegala | $57,200 |
| T45 | Denny McCarthy | $57,200 |
| T45 | Brooks Koepka | $57,200 |
| T45 | Danny 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.