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Payday at Augusta

Masters 2024: Prize money payouts at Augusta National

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Adam Glanzman

It says something about what it means to compete in the Masters that players aren’t thinking twice about the fact they have no idea what the prize money payouts were this week at Augusta National before teeing off in the opening round. Club officials don’t officially announce the purse until after a cut is made in the tournament. Frankly, the chance to win a green jacket, a spot in the Champions Locker Room and a lifetime exemption into the major are enough reward to make it worth everybody’s while.

That said, the uncertainty was ended on Saturday when the club announced this year’s prize money payout. For the third straight year, the overall purse at the Masters increased, growing to $20 million with Sunday's runaway winner, Scottie Scheffler, earning $3.6 million. This brings it in line with the $20 million purses offered in the PGA Tour’s signature events as well as the $20 million paydays being played for individually on the LIV Golf circuit.

This year’s prize payout is a bump from the $18 million the Masters offered in 2023, and up from $15 million in 2022. Amazingly, too, it was only three years ago that the overall purse was just $12 million. That’s a 66-percent increase in just three years’ time.

The Masters now matches the U.S. Open as the top paying men’s major championship, with the USGA also paying $20 million in prize money during last year’s championship at LACC. The PGA Championship bumped up its purse last year at Oak Hill to $17.5 million and the Open Championship paid $16.5 million at Royal Liverpool in 2023. All the majors are currently dwarfed by the Players Championship, which paid out $25 million in March with winner Scottie Scheffler earning $4.5 million.

Below is how much will be paid out to everybody who made the cut this week at Augusta National.

Win: Scottie Scheffler, -11/277, $3,600,000

2: Ludvig Aberg, -7/281, $2,160,000

T-3: Tommy Fleetwood, -4/284, $1,040,000

T-3: Max Homa, -4/284, $1,040,000

T-3: Collin Morikawa, -4/284, $1,040,000

T-6: Cameron Smith, -2/286, $695,000

T-6: Bryson DeChambeau, -2/286, $695,000

8: Xander Schauffele, -1/287, $620,000

T-9: Will Zalatoris, E/288, $540,000

T-9: Tyrrell Hatton, E/288, $540,000

T-9: Cameron Young, E/288, $540,000

T-12: Matthieu Pavon, +1/289, $405,000

T-12: Patrick Reed, +1/289, $405,000

T-12: Adam Schenk, +1/289, $405,000

T-12: Cameron Davis, +1/289, $405,000

T-16: Sepp Straka, +2/290, $310,000

T-16: Chris Kirk, +2/290, $310,000

T-16: Byeong Hun An, +2/290, $310,000

T-16: Nicolai Hojgaard, +2/290, $310,000

T-20: Taylor Moore, +3/291, $250,000

T-20: Lucas Glover, +3/291, $250,000

T-22: Keegan Bradley, +4/292, $175,500

T-22: Min Woo Lee, +4/292, $175,500

T-22: Harris English, +4/292, $175,500

T-22: Adam Scott, +4/292, $175,500

T-22: Rory McIlroy, +4/292, $175,500

T-22: Joaquin Niemann, +4/292, $175,500

T-22: Matt Fitzpatrick, +4/292, $175,500

T-22: Patrick Cantlay, +4/292, $175,500

T-30: Tom Kim, +5/293, $124,200

T-30: Jason Day, +5/293, $124,200

T-30: S.W. Kim, +5/293, $124,200

T-30: J.T. Poston, +5/293, $124,200

T-30: Rickie Fowler, +5/293, $124,200

T-35: Kurt Kitayama, +6/294, $103,000

T-35: Camilo Villegas, +6/294, $103,000

T-35: Akshay Bhatia, +6/294, $103,000

T-38: Russell Henley, +7/295, $86,000

T-38: Corey Conners, +7/295, $86,000

T-38: Hideki Matsuyama, +7/295, $86,000

T-38: Luke List, +7/295, $86,000

T-38: Ryan Fox, +7/295, $86,000

T-43: Phil Mickelson, +8/296, $72,000

T-43: Shane Lowry, +8/296, $72,000

T-45: Denny McCarthy, +9/297, $57,200

T-45: Jose Maria Olazabal, +9/297, $57,200

T-45: Brooks Koepka, +9/297, $57,200

T-45: Sahith Theegala, +9/297, $57,200

T-45: Jon Rahm, +9/297, $57,200

T-45: Danny Willett, +9/297, $57,200

51: Grayson Murray, +10/298, $49,200

52: Eric Cole, +11/299, $48,000

T-53: Adam Hadwin, +12/300, $47,200

T-53: Neal Shipley, +12/300, $0 (amateur)

T-55: Jake Knapp, +13/301, $46,000

T-55: Erik van Rooyen, +13/301, $46,000

T-55: Tony Finau, +13/301, $46,000

T-58: Vijay Singh, +14/302, $45,000

T-58: Thorbjorn Olesen, +14/302, $45,000

60: Tiger Woods, +16/304, $44,400

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