The Masters 2023: Record prize money announced

Augusta National Golf Club has announced the prize money on offer at this week’s Masters Tournament – and it’s eye-popping!

A total of $18million will be divided between the field.

That’s a 20% increase on the $15million dished out last year and double what was on offer just eight years ago.

The top-three finishers will all pocket a seven-figure sum, with the eventual winner taking home $3.24million.

• No injuries after trees fall at Augusta National

• Grand slam-chasing McIlroy misses Masters cut

That’s over half a million more than Scottie Scheffler earned with his victory in 2022.

The bounty available at Augusta National this week sees The Masters set a new record for prize money amongst the major championships.

Last year’s US Open paid out $17.5m, with the US PGA and The 150th Open putting up $15m and $14m respectively.

Here’s a full breakdown of who’ll earn what…

The Masters prize money 2023

1. $3,240,000

2. $1,944,000

3. $1,224,000

4. $864,000

5. $720,000

6. $648,000

7. $603,000

8. $558,000

9. $522,000

10. $486,000

11. $450,000

12. $414,000

• 5 big names who missed The Masters cut

13. $378,000

14. $342,000

15. $324,000

16. $306,000

17. $288,000

18. $270,000

19. $252,000

20. $234,000

21. $216,000

22. $201,600

23. $187,200

24. $172,800

25. $158,400

Moving day at the Masters. #themasters pic.twitter.com/rn3JD9WfQl

— The Masters (@TheMasters) April 8, 2023

26. $144,000

27. $138,600

28. $133,200

29. $127,800

30. $122,400

31. $117,000

32. $111,600

33. $106,200

34. $101,700

35. $97,200

36. $82,700

37. $88,200

• Sandy Lyle bids farewell to The Masters

38. $84,600

39. $81,000

40. $77,400

41. $73,800

42. $70,200

43. $66,600

44. $63,000

45. $59,400

46. $55,800

47. $52,200

48. $49,320

49. $46,800

50. $45,360

The remainder of the professionals will receive cash prizes ranging downward from $44,280 depending on their scores.

Sam Bennett, the only amateur to make the cut, is not eligible to receive any prize money.

Michael McEwan is the Deputy Editor of bunkered and has been part of the team since 2004. In that time, he has interviewed almost every major figure within the sport, from Jack Nicklaus, to Rory McIlroy, to Donald Trump. The host of the multi award-winning bunkered Podcast and a member of Balfron Golfing Society, Michael is the author of three books and is the 2023 PPA Scotland 'Writer of the Year' and 'Columnist of the Year'. Dislikes white belts, yellow balls and iron headcovers. Likes being drawn out of the media ballot to play Augusta National.

Deputy Editor