AUGUSTA, Ga. — Unlike the weekly professional tour stops, major championships aren’t a job. The best golfers in the world don’t tee it up at the four marquee events for the prize money payouts, but the trophies and high finishes often come with a considerable cash bonus.
Over the years at the Masters, dating back to the first-ever tournament in 1934, the green jackets at Augusta National Golf Club have offered lucrative cash prizes that have steadily increased as time passes by. Across the 88 tournaments, there have been 53 increases in the winner’s share, including at this year’s Masters. Whoever dons the green jacket in 2024 will take home a cool $3.6 million, up from the $3.24 million Jon Rahm banked last year.
From $1,500 to $3.6 million, here’s how first-place prize money payouts have increased over the years at the Masters.