How Much Money Do You Win at the Masters?
The Masters Tournament, often referred to as “The King of Golf,” is one of the most prestigious and highly anticipated events in the sport. It’s a tournament that has a rich history and attracts the world’s best golfers. But how much money do you win at the Masters? The prize money for the winner is substantial, and it continues to grow year after year.
Winner’s Prize Money
As of 2021, the winner of the Masters Tournament takes home a total prize of $2.07 million. This amount is part of the $11.5 million purse that is distributed among the top 50 finishers. The winner’s share has increased significantly over the years, reflecting the tournament’s growing popularity and the sport’s increasing commercial value.
Other Prize Money Details
The Masters has a unique system for distributing prize money. Unlike other tournaments, the Masters does not offer equal prize money to all participants. Instead, the purse is divided among the top finishers, with the winner receiving the largest share. Here’s a breakdown of the prize money distribution for the top 10 finishers:
1. Winner: $2.07 million
2. Runner-up: $1.3 million
3. Third place: $1.2 million
4. Fourth place: $1.1 million
5. Fifth place: $1 million
6. Sixth place: $950,000
7. Seventh place: $900,000
8. Eighth place: $850,000
9. Ninth place: $800,000
10. Tenth place: $750,000
Historical Prize Money Growth
The Masters has seen a significant increase in prize money over the years. In 1959, the winner’s share was just $1,500. By 1970, it had doubled to $3,000. In 1980, it reached $50,000, and by 1990, it had more than doubled again to $108,000. Today, the winner’s share is over 20 times the original amount from 1959.
Impact of Prize Money on Golfers
The substantial prize money at the Masters has a significant impact on the sport. It provides a strong financial incentive for golfers to compete at the highest level, which in turn helps to attract the world’s best players to the tournament. Additionally, the prize money helps to support the golfers’ careers, allowing them to pursue their passion and make a living from the sport.
In conclusion, the winner of the Masters Tournament takes home a substantial prize of $2.07 million. This amount is part of a $11.5 million purse that is distributed among the top 50 finishers, with the prize money increasing over the years to reflect the tournament’s growing importance in the golf world. The Masters’ prize money continues to serve as a powerful motivator for golfers, both financially and competitively.
