How much money does the 2023 Masters winner get? Purse and payout

Not only will the Masters winner get a freshly tailored green jacket and the trophy, a silver recreation of the Augusta National clubhouse, but he’ll also get a whole lotta dough.

The Masters announced a purse increase this year from $15 million to $18 million, which also ups the winner’s share to $3.24 million, a major championship record. Last year’s winner, Scottie Scheffler received a modest $2.7 million.

Winning shares at the Masters have increased considerably since Tiger Woods took home $486,000 for his iconic win in 1997. Woods became the first player ever to win $1 million by winning the Masters in 2001 when the winner’s share was $1,008,000.

The winning check slowly climbed over the next 18 years, before (you guessed it) Tiger Woods became the first winner to earn $2 million in a win, clearing $2,070,000 in 2019. The purse then increased again in 2022, bumping the winner’s share to $2.7 million before the latest increase this year.

And in case your wondering, the first Masters winner to earn $100,000 was Ben Crenshaw with $108,000 only 39 years ago in 1984. Since that year, the winner’s share has increased 3,000 percent.

You can stream the third and final rounds of the Masters via ESPN+, Masters.com and the Masters App, or you can watch the telecast on CBS starting at 8:30 a.m. ET for the third round and then 2 p.m. ET for the final round.

You can check out the complete payout breakdown below.

2023 Masters Tournament payout info, winner’s share

1. $3,240,000

2. $1,944,000

3. $1,224,000

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. $138,600

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

Fifty-four golfers made the cut this week and those outside the top 50 will get prizes starting at $44,280 and ranging downward depending on the scores.

Jack Hirsh

Golf.com Editor

Jack Hirsh is an assistant editor at GOLF. A Pennsylvania native, Jack is a 2020 graduate of Penn State University, earning degrees in broadcast journalism and political science. He was captain of his high school golf team and still *tries* to remain competitive in local amateurs. Before joining GOLF, Jack spent two years working at a TV station in Bend, Oregon, primarily as Multimedia Journalist/reporter, but also producing, anchoring and even presenting the weather. He can be reached at jack.hirsh@golf.com.