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

A new prize money record will be set at the Masters Tournament 2024. The players will receive a total of 20 million dollars this year.

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.