Augusta National increases purse, prize money payouts for Masters 2024 players

AUGUSTA, Ga. — Another year, another increase in prize money and the purse at the Masters.

On Saturday during the third round, Augusta National Golf Club announced the total purse for the 2024 Masters had increased to $20 million, up from $18 million in 2023 and $15 million in 2022. The winner’s share for this year’s tournament is $3.6 million, up from the $3.24 million Jon Rahm took home for winning last year’s Masters. The year prior, Scottie Scheffler banked $2.7 million.

Check out the prize money payouts by leaderboard position below. Players who finish below 50th will receive prizes ranging downward from $49,200 (depending on scores). Those who missed the cut get $10,000.

MASTERS: Third-round tee times | TV, streaming | Leaderboard

Position Earnings
1 $3.6 million
2 $2.16 million
3 $1.36 million
4 $960,000
5 $800,000
6 $720,000
7 $670,000
8 $620,000
9 $580,000
10 $540,000
11 $500,000
12 $460,000
13 $420,000
14 $380,000
15 $360,000
16 $340,000
17 $320,000
18 $300,000
19 $280,000
20 $260,000
21 $240,000
22 $224,000
23 $208,000
24 $192,000
25 $176,000
26 $160,000
27 $154,000
28 $148,000
29 $142,000
30 $136,000
31 $130,000
32 $124,000
33 $118,000
34 $113,000
35 $108,000
36 $103,000
37 $98,000
38 $94,000
39 $90,000
40 $86,000
41 $82,000
42 $78,000
43 $74,000
44 $70,000
45 $66,000
46 $62,000
47 $58,000
48 $54,000
49 $52,000
50 $50,400
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