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Payday at Augusta

Masters 2023: Here's the new record prize money payout for each golfer at Augusta National

April 08, 2023
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It’s not often Augusta National finds itself lagging behind in, well, just about anything. Yet with the recent rise in prize money payouts on the PGA Tour, thanks to its new designated events, and creation of the upstart LIV Golf League and its eye-popping purses, the $15 million that was up for grabs in at the 2022 Masters looks, well, “ordinary.” OK, that’s a little extreme. But you get the idea.

Not surprisingly, perhaps, Masters officials announced on Saturday they were boosting the purse for the 2023, although not to an outrageous level: $18 million, or a increase of $3 million overall. (And don’t forget, last year’s payout was $3 million more than in 2021, meaning the purse has jumped by 50 percent in two years)

This year’s winner, Jon Rahm, earns a first-place prize money payout of $3.24 million, up from the $2.7 million that Scottie Scheffler took home a year ago.

The Masters now leads all men’s majors in payouts to players. The U.S. Open paid $17.5 million at The Country Club in 2022 and the PGA Championship had a $15 million prize money payout at Southern Hills. The Open Championship paid $14 million last July at St. Andrews. All the majors, however, trail the Players Championship, which paid out $25 million in March with winner Scottie Scheffler earning $4.5 million.

Here’s the prize money payout each each golfer making the cut this week. Come back after the end of play on Sunday and we’ll update this with the names and specific payouts for each golfer who made the cut.

Win: Jon Rahm, -12/276, $3,240,000

T-2: Phil Mickelson, -8/280, $1,584,000

T-2: Brooks Koepka, -8/280, $1,584,000

T-4: Jordan Spieth, -7/281, $744,000

T-4: Patrick Reed, -7/281, $744,000

T-4: Russell Henley, -7/281, $744,000

T-7: Cameron Young, -6/282, $580,500

T-7: Viktor Hovland, -6/282, $580,500

9: Sahith Theegala, -5/283, $522,000

T-10: Scottie Scheffler, -4/284, $432,000

T-10: Matt Fitzpatrick, -4/284, $432,000

T-10: Xander Schauffele, -4/284, $432,000

T-10: Collin Morikawa, -4/284, $432,000

T-14: Gary Woodland, -3/285, $333,000

T-14: Patrick Cantlay, -3/285, $333,000

T-16: Tom Kim, -2/286, $261,000

T-16: Sungjae Im, -2/286, $261,000

T-16: Joaquin Niemann, -2/286, $261,000

T-16: Justin Rose, -2/286, $261,000

T-16: Shane Lowry, -2/286, $261,000

T-16: Sam Bennett (a), -2/286, $0

T-16: Hideki Matsuyama, -2/286, $261,000

T-23: Keegan Bradley, -1/287, $187,200

T-23: Chris Kirk, -1/287, $187,200

T-23: K.H. Lee, -1/287, $187,200

T-26: Tony Finau, E/288, $147,000

T-26: Scott Stallings, E/288, $147,000

T-26: Ryan Fox, E/288, $147,000

T-29: Si Woo Kim, +1/289, $125,100

T-29: Sam Burns, +1/289, $125,100

T-29: Harold Varner III, +1/289, $125,100

T-29: Mackenzie Hughes, +1/289, $125,100

33: Tommy Fleetwood, +3/291, $111,600

T-34: Tyrrell Hatton, +4/292, $97,200

T-34: Cameron Smith, +4/292, $97,200

T-34: Zach Johnson, +4/292, $97,200

T-34: Talor Gooch, +4/292, $97,200

T-34: J.T. Poston, +4/292, $97,200

T-39: Taylor Moore, +5/293, $79,200

T-39: Abraham Ancer, +5/293, $79,200

T-39: Adam Scott, +5/293, $79,200

T-39: Jason Day, +5/293, $79,200

T-43: Max Homa, +6/294, $66,600

T-43: Harris English, +6/294, $66,600

T-43: Mito Pereira, +6/294, $66,600

T-46: Sepp Straka, +7/295, $57,600

T-46: Seamus Power, +7/295, $57,600

T-48: Thomas Pieters, +8/296, $50,760

T-48: Dustin Johnson, +8/296, $50,760

T-50: Charl Schwartzel, +9/297, $46,080

T-50: Fred Couples, +9/297, $46,080

52: Billy Horschel, +12/300, $44,280

53: Keith Mitchell, +14/302, $43,200

And here’s the evolution of how much the champion has earned over the years:

1934: $1,500
1935: $1,500
1936: $1,500
1937: $1,500
1938: $1,500
1939: $1,500
1940: $1,500
1941: $1,500
1942: $1,500
1943-’45: No Masters (WWII)
1946: $2,500
1947: $2,500
1948: $2,500
1949: $2,750
1950: $2,400
1951: $3,000
1952: $4,000
1953: $4,000
1954: $5,000
1955: $5,000
1956: $6,000
1957: $8,750
1958: $11,250
1959: $15,000
1960: $17,500
1961: $20,000
1962: $20,000
1963: $20,000
1964: $20,000
1965: $20,000
1966: $20,000
1967: $20,000
1968: $20,000
1969: $20,000
1970: $25,000
1971: $25,000
1972: $25,000
1973: $30,000
1974: $35,000
1975: $40,000
1976: $40,000
1977: $40,000
1978: $45,000
1979: $50,000
1980: $55,000
1981: $60,000
1982: $64,000
1983: $90,000
1984: $108,000
1985: $126,000
1986: $144,000
1987: $162,000
1988: $183,800
1989: $200,000
1990: $225,000
1991: $243,000
1992: $270,000
1993: $306,000
1994: $360,000
1995: $396,000
1996: $450,000
1997: $486,000
1998: $576,000
1999: $720,000
2000: $828,000
2001: $1,008,000
2002: $1,008,000
2003: $1,080,000
2004: $1,117,000
2005: $1,260,000
2006: $1,260,000
2007: $1,305,000
2008: $1,350,000
2009: $1,350,000
2010: $1,350,000
2011: $1,440,000
2012: $1,440,000
2013: $1,440,000
2014: $1,620,000
2015: $1,800,000
2016: $1,800,000
2017: $1,980,000
2018: $1,980,000
2019: $2,070,000
2020: $2,070,000
2021: $2,070,000
2022: $2,700,000

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