The official prize money for the US Masters 2022 was raised to 15 million dollars. In 2021, the prize money totaled $11.5 million. The raise is making the Masters one of the top tournaments on the tour, also financially, and the second best endowed tournament in golf behind the Players Championship ($20 million). The US Open and the PGA Championship both payed $12 million in 2021. According to reports, the organizers and sponsors even wanted to raise the prize money a little this year to underline the importance of the tournament.
One thing is for sure, whoever makes the cut at Augusta National can already look forward to a tidy handout in any case. Since 2019, the winner has received just over two million dollars, 600 FedEx Cup points and 100 points for the world rankings. In addition, a win at Augusta secures a PGA Tour card for five years, lifetime playing rights at the US Masters, and a starting spot at all majors for the next five years.
US Masters 2022: Smaller field = more money for everyone
Nothing is left to chance when it comes to the distribution of prize money at the US Masters. Instead, a clear scheme is followed that regulates the payout to the individual placings on a percentage basis. According to this scheme, the Masters champion always receives 18% of the total prize money, the runner-up still gets 10%, the third place 6.8%. If two or more players share a place, the prize money is divided among the players, as in any other tournament.
Augusta National: How to play a round of golf at the world’s most exclusive course
One reason why it is still possible to cash in well on the back places at the US Masters 2022 is the significantly smaller starting field compared to the PGA Tour. In terms of the size of the field, the fewest number of players make the cut after 36 holes at the Masters. Only the top 50 players (and stroke ties) make it to the weekend and thus receive a slightly higher share of the total prize money. Even those who miss the cut still receive $10,000, with only amateurs going away empty-handed.
This is how much money the top 50 players receive at the US Masters
Win: Scottie Scheffler, -10, $2,700,000
2: Rory McIlroy, -7, $1,620,000
T-3: Shane Lowry, -5, $870,000
T-3: Cameron Smith, -5, $870,000
5: Collin Morikawa, -4, $600,000
T-6: Will Zalatoris, -3, $521,250
T-6: Corey Conners, -3, $521,250
T-8: Justin Thomas, -1, $450,000
T-8: Sungjae Im, -1, $450,000
T-10: Cameron Champ, E, $395,000
T-10: Charl Schwartzel, E, $395,000
T-12: Dustin Johnson, +1, $330,000
T-12: Danny Willett, +1, $330,000
T-14: Kevin Na, +2, $225,333
T-14: Matt Fitzpatrick, +2, $225,333
T-14: Min Woo Lee, +2, $225,333
T-14: Harry Higgs, +2, $225,333
T-14: Lee Westwood, +2, $225,333
T-14: Talor Gooch, +2, $225,333
T-14: Hideki Matsuyama, +2, $225,333
T-14: Tommy Fleetwood, +2, $225,333
T-14: Jason Kokrak, +2, $225,333
T-23: Robert MacIntyre, +3, $138,000
T-23: Harold Varner III, +3, $138,000
T-23: Sergio Garcia, +3, $138,000
T-23: J.J. Spaun, +3, $138,000
T-27: Jon Rahm, +4, $111,000
T-27: Seamus Power, +4, $111,000
T-27: Viktor Hovland, +4, $111,000
T-30: Russell Henley, +5, $93,150
T-30: Sepp Straka, +5, $93,150
T-30: Hudson Swafford, +5, $93,150
T-30: Lucas Glover, +5, $93,150
T-30: Marc Leishman, +5, $93,150
T-35: Joaquin Niemann, +6, $75,562.50
T-35: Tony Finau, +6, $75,562.50
T-35: Patrick Reed, +6, $75,562.50
T-35: Webb Simpson, +6, $75,562.50
T-39: Patrick Cantlay, +7, $63,000
T-39: Bubba Watson, +7, $63,000
T-39: Tom Hoge, +7, $63,000
T-39: Si Woo Kim, +7, $63,000
43: Billy Horschel, +8, $55,500
T-44: Christiaan Bezuidenhout, +9, $51,000
T-44: Kevin Kisner, +9, $51,000
46: Cameron Davis, +12, $46,500
47: Tiger Woods, +13, $43,500
T-48: Adam Scott, +14, $40,050
T-48: Max Homa, +14, $40,050
T-50: Mackenzie Hughes, +15, $37,350
T-50: Daniel Berger, +15, $37,350