How much money does the 2024 Masters winner get? Purse and payout

The perks of winning the Masters range from the green jacket, a silver replica of the Augusta National clubhouse, exemptions into any tournament you want and, of course, a whole bunch of money.

The Masters announced a purse increase this year from $18 million to $20 million, which also ups the winner’s share to $3.6 million, tying a major championship record. Last year’s winner, Jon Rahm received a modest $3.24 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 each of the last three years.

And in case you’re 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 by nearly 3,600 percent.

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

You can check out the complete payout breakdown below.

2024 Masters purse, payout breakdown

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

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 recently returned to the program to serve as head coach. Jack also 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 a Multimedia Journalist/reporter, but also producing, anchoring and even presenting the weather. He can be reached at jack.hirsh@golf.com.