The Masters 2024 prize money: How much does each player earn at Augusta?

It was Scottie Scheffler’s day at Augusta National. As every other challenger fell away over Sunady at the Masters, the two-time Green Jacket winner held his nerve to claim his second major. In doing so, he made plenty of money, too. Here is the full Masters 2024 prize money breakdown.

As well as that famous Green Jacket and the Masters trophy, the man who tops the leaderboard each year at Augusta National receives a handsome pay cheque. This year, that man, Scottie Scheffler, will be taking home nearly $4million.

It’s not just Scheffler that will be taking home a lot of cash, either, with everyone in the field, even those who missed the cut, taking home some cash.

How much does the winner of the Masters earn?

Augusta National has announced an increase in the Masters prize purse to $20 million.

That’s up $2 million from last year, when the purse was $18 million, of which Jon Rahm banked banked $3.24 million. Scottie Scheffler, the 2024 champion, meanwhile, will take home $3.6 million.

• What else does the Masters champion win?

• What is the playoff format at the Masters?

• What is the cut rule at the Masters?

Masters 2024 prize money breakdown

Purse: $20,000,000

WINNER: Scottie Scheffler, $3,600,000
2: Ludvig Aberg, $2,160,000
T3: Collin Morikawa, $1,040,000
T3: Tommy Fleetwood, $1,040,000
T3: Max Homa, $1,040,000
T6: Cameron Smith, $695,000
T6: Bryson DeChambeau, $695,000
8: Xander Schauffele $620,000
T9: Will Zalatoris, $540,000
T9: Tyrrell Hatton, $540,000
T9: Cameron Young, $540,000
T12: Patrick Reed, $405,000
T12: Matthieu Pavon, $405,000
T12: Adam Schenk, $405,000
T12: Cam Davis, $405,000
T16: Nicolai Hojgaard, $310,000
T16: Sepp Straka, $310,000
T16: Chris Kirk, $310,000
T16: Byeong Hun An, $310,000
T20: Lucas Glover, $250,000
T20: Taylor Moore, $250,000
T22: Patrick Cantlay, $175,500
T22: Keegan Bradley, $175,500
T22: Joaquin Niemann, $175,500
T22: Rory McIlroy, $175,500
T22: Matt Fitzpatrick, $175,500
T22: Adam Scott, $175,500
T22: Harris English, $175,500
T22: Min Woo Lee, $175,500
T30: Jason Day, $124,200
T30: Si Woo Kim, $124,200
T30:Rickie Fowler, $124,200
T30: JT Poston, $124,200
T30: Tom Kim, $124,200
T35: Akshay Bhatia, $103,000
T35: Kurt Kitayama, $103,000
T35: Camilo Villegas, $103,000
T38: Hideki Matsuyama, $86,000
T38: Corey Conners, $86,000
T38: Ryan Fox, $86,000
T38: Luke List, $86,000
T38: Russell Henley, $86,000
T43: Phil Mickelson, $72,000
T43: Shane Lowry, $72,000
T45: Brooks Koepka, $57,200
T45: Jose Maria Olazabal, $57,200
T45: Jon Rahm, $57,200
T45: Danny Willett, $57,200
T45: Denny McCarthy, $57,200
T45: Sahith Theegala, $57,200
51st – Grayson Murray
52nd – Eric Cole
53rd – Adam Hadwin, Neal Shipley
55th – Jake Knapp, Erik van Rooyen, Tony Finau
58th – Vijay Singh, Thorbjorn Olesen
60th – Tiger Woods

Players finishing outside the top 50 will receive cash prizes ranging downward from $49,200 depending on their scores.

Each player who missed the cut will each receive $10,000.

Masters prize money down the years

Here is a look back at how much each Masters champion has taken home…

2024: $3,600,000
2014: $1,620,000
2004: $1,117,000
1994: $360,000
1984: $108,000
1974: $35,000
1964: $20,000
1954: $5,000
1946: $2,500*
1934: $1,500

Adjusted for inflation, the $1,500 winner’s cheque for the first few editions of the Masters equates to around $35,000 today.

* The 1944 Masters was cancelled due to World War II

Want more from Augusta? Listen to Michael and Alex on the Masters daily commute episodes of The bunkered Podcast.