Masters 2023 prize purse: Total prize money pumped up to $18 million, champion wins $3.24 million

The 2023 Masters’ prize purse has gone up along with the excitement. As the event at Augusta National reaches its business end on Sunday (April 9), officials have now revealed that the total prize purse has been pumped up to $18 million.

The Masters enters Day 4 on Sunday. While a finish on the same day is not on the cards due to bad weather, officials made a press release revealing the final prize purse for the event.

According to the release, the purse has been upped by $3 million from last year’s $15 million. The 2023 Masters winner will bag $3.24 million, a significant increase from the $2.7 million won by Scottie Scheffler last year.

Much like the Masters in 2022, this year’s prize purse will see the top three placers each take more than $1 million. While the Green Jacket champion takes over $3 million, the runner-up will win $1.94 million. The third-placed golfer will take $1.24 million, while the fourth-placed player will return home with $864,000.

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Masters 2023 prize purse

Here is the complete prize money breakdown for the Augusta National event:

• 1 - $3,240,000
• 2 - $1,944,000
• 3 - $1,244,000
• 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
• 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
• 26 - $144,000
• 27 - $138,200
• 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 - $92,700
• 37 - $88,200
• 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 Masters' official release also revealed that the “remainder of the professionals” at the event would win prizes ranging downward from $44,280 based on their final scores. Players who missed the cut, a list that includes Rory McIlroy, will return home with $10,000.

It is pertinent to note that the prize purse for the other three men’s majors this year has not been announced yet. The sudden rise in the total purse is being looked at as a reply to the changes brought to the sport by LIV Golf.