The Masters 2024: How much money does Masters champion Scottie Scheffler receive?
Published: Last updated:
How much will Scottie Scheffler receive from the record Masters purse for his victory? And how is the purse divided among the other players in the field?
This year marks the largest purse in Masters history, with a staggering $20m up for grabs – still $5m short by LIV standards. Last year Jon Rahm picked up a record-breaking cheque at a Major of $3.24m. This year Scottie Scheffler took home $3.6m.
The prize purse at the 2024 Masters has risen from $18m to a record $20m – a $8.5m increase in just three years. Hideki Matsuyama received a ‘mere’ $2.07m in 2021. It isn’t just the Masters prize money being played for – take a look at everything the Masters Champion wins.
Scheffler’s win earned him $360,000 more than 2023 champ Jon Rahm, and $900,000 more than 2022 when he first had the famous Green Jacket over his shoulders.
The Masters has some way to go to match the $25m up for grabs at The Players Championship, where 2023 and 2024 winner Scheffler took home $4.5m ($9m collectively).
And the winner’s prize is still $760,000 less than LIV Golf pays out to winners at their regular events.
But how does the Masters purse compare with the other men’s Majors? The PGA Championship victor receives $2.7m from a $15m purse, with the US Open champ getting $3.15m from a $17.5m purse, and The Open Championship paying the winner $2.5m from its $14m prize fund.
89 players teed it up at Augusta National this year with 50 making the cut. Here’s the breakdown of the full Masters purse for 2024.
The 2024 Prize Money Breakdown
1st — $3,600,000: Scottie Scheffler (-11)
2nd — $2,160,000: Ludvig Åberg (-7)
3rd — $1,360,000: Tommy Fleetwood, Max Homa, Collin Morikawa (-4) – $1,040,000 each
4th — $960,000
5th — $800,000
6th — $720,000: Cameron Smith, Bryson DeChambeau (-2) – $695,000 each
7th — $670,000
8th — $620,000 – Xander Schauffele (-1)
9th — $580,000: Will Zalatoris, Tyrrell Hatton, Cameron Young (E) – $540,000 each
10th — $540,000
11th — $500,000
12th — $460,000 – Patrick Reed, Matthieu Pavon, Adam Schenk, Cam Davis (+1): $405,000 each
13th — $420,000
14th — $380,000
15th — $360,000
16th — $340,000: Nicolai Højgaard, Sepp Straka, Chris Kirk, Byeong Hun An (+2) – $310,000 each
17th — $320,000
18th — $300,000
19th — $280,000
20th — $260,000: Lucas Glover, Taylor Moore (+3) – $250,000 each
21st — $240,000
22nd — $224,000: Patrick Cantlay, Keegan Bradley, Joaquin Niemann, Rory McIlroy, Matt Fitzpatrick, Adam Scott, Harris English, Min Woo Lee (+4) – $175,500 each
23rd — $208,000
24th — $192,000
25th — $176,000
26th — $160,000
27th — $154,000
28th — $148,000
29th — $142,000
30th — $136,000: Jason Day, Si Woo Kim, Rickie Fowler, J.T. Poston, Tom Kim (+5) – $124,200 each
31st — $130,000
32nd — $124,000
33rd — $118,000
34th — $113,000
35th — $108,000: Akshay Bhatia, Kurt Kitayama, Camilo Villegas (+6) – $103,000 each
36th — $103,000
37th — $98,000
38th — $94,000: Hideki Matsuyama, Corey Conners, Ryan Fox, Luke List, Russell Henley (+7) – $86,000 each
39th — $90,000
40th — $86,000
41st — $82,000
42nd — $78,000
43rd — $74,000: Phil Mickelson, Shane Lowry (+8) – $72,000 each
44th — $70,000
45th — $66,000: Brooks Koepka, Jose Maria Olazabal, Jon Rahm, Danny Willett, Denny McCarthy, Sahith Theegala (+9) – $57,200 each
46th — $62,000
47th — $58,000
48th — $54,800
49th — $52,000
50th — $50,400
Players who miss the cut receive prizes ranging downward from $49,200, depending on scores. Amateur players are not eligible for prize money.
SUBSCRIBE TO TODAY’S GOLFER: Print and Digital access, discounts and rewards!
About the Author
Rob specializes in the DP World Tour, PGA Tour, LIV Golf, and the Ryder Cup, spending large chunks of his days reading about, writing about, and watching the tours each month.
He’s passionate about the equipment used by professional golfers and is also a font of knowledge regarding golf balls, golf trolleys, and golf bags, testing thousands down the years.
You can email Rob or get in touch with him on X.
-
Scottie Scheffler, pictured with Masters chairman Fred Ridley, receives $3.6m.
