2024 Charles Schwab Challenge prize: Prize money breakdown and details of 1975 Schwab Stingray explored

After a break of one week, the PGA Tour will resume play this week with the 2024 Charles Schwab Challenge. The Colonial Country Club at Forth Worth, Texas, will continue to host this event as it is the longest-hosting venue for an event on the PGA Tour.

The competition is scheduled to start on May 23 and run through May 26. Despite the fact that the competition begins immediately following the 2024 PGA Championship, a number of elite golfers are competing. The upcoming Charles Schwab Challenge field will see the likes of World No. 1 Scottie Scheffler, Jordan Spieth, Collin Morikawa, Max Homa, and Adam Scott take part in it.

These players will compete to receive the maximum share of the $9.1 million prize money purse, along with the Colonial's Leonard Trophy and Scottish Royal Tartan Plaid Jacket. Additionally, this year's champion will also receive a 1975 Schwab Stingray vehicle.

Apart from this, the winner will also receive 500 FedEx Cup points, an exemption to the upcoming Major Championships, and a PGA Tour card for the next two seasons. Thus, there are many benefits to winning this week, and spectators can expect an exciting tournament.

The 2024 Charles Schwab Challenge champion will receive a paycheck of $1.6 million from a total of $9.1 million. Here's the complete breakdown of the 2024 Charles Schwab Challenge prize money purse:

CHARLES SCHWAB CHALLENGE PRIZE MONEY 2024

Position	Prize money
1st	$1,638,000
2nd	$991,900
3rd	$627,900
4th	$445,900
5th	$373,100
6th	$329,875
7th	$307,125
8th	$284,375
9th	$266,175
10th	$247,975
11th	$229,775
12th	$211,575
13th	$193,375
14th	$175,175
15th	$166,075
16th	$156,975
17th	$147,875
18th	$138,775
19th	$129,675
20th	$120,575
21st	$111,475
22nd	$102,375
23rd	$95,095
24th	$87,815
25th	$80,535
26th	$73,255
27th	$70,525
28th	$67,795
29th	$65,065
30th	$62,335
31st	$59,605
32nd	$56,875
33rd	$54,145
34th	$51,870
35th	$49,595
36th	$47,320
37th	$45,045
38th	$43,225
39th	$41,405
40th	$39,585
41st	$37,765
42nd	$35,945
43rd	$34,125
44th	$32,305
45th	$30,485
46th	$28,665
47th	$26,845
48th	$25,389
49th	$24,115
50th	$23,387
51st	$22,841
52nd	$22,295
53rd	$21,931
54th	$21,567
55th	$21,385
56th	$21,203
57th	$21,021
58th	$20,839
59th	$20,657
60th	$20,475
61st	$20,293
62nd	$20,111
63rd	$19,929
64th	$19,747
65th	$19,565

---

1975 Schwab Stingray up for grabs

As mentioned earlier, the organizers have announced a 1975 Schwab Stingray as an additional prize for the winner.

The vehicle has been customized by County Corvette. It is a fully restored, modernized, and loaded car with advanced technology. Some of its features include the GM LS3 V-8 motor with a 6-speed automatic transmission that generates more than 450 horsepower. The console will have a champion's nameplate engraved and a handstitched interior with the Colonial's signature Tartan Plaid trim.

The 2024 Charles Schwab Challenge is continuing the tradition of providing fully renovated and customized vehicles for champions: the 1973 Schwab Challenger in 2019, the 1946 Schwab Power Wagon in 2021, the 1979 Schwab Firebird in 2022, and the 1973 Schwab Bronco in 2023.