The PGA of America announced a record purse for the 2024 PGA Championship. Here's the payout breakdown and winner's share.
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A stacked leaderboard will play for a tournament-record purse at the PGA Championship on Sunday at Valhalla Golf Club in Louisville, Ky.
Xander Schauffele and Collin Morikawa lead the PGA at 15 under, with Sahith Theegala (14 under) one back and Bryson DeChambeau, Shane Lowry and Viktor Hovland (13 under) two shots back.
The PGA of America announced on Saturday this year’s purse has increased to $18.5 million — a million more than last year — and the winner will take home $3.33 million. Second ($1.99 million) and third place ($1.26 million) will also earn seven figures.
When compared to golf’s others majors, the Masters had a total purse of $20 million last month. The 2023 U.S. Open was $20 million and the 2023 Open Championship $16.5 million. The Players Championship was played for $25 million back in March.
The PGA Tour’s Signature Events have a $20 million purse, and LIV Golf’s tournaments are played for $25 million, although $20 million of that is reserved for the individual competition while $5 million is for the team competition.
Check out the entire payout breakdown for the 2024 PGA Championship below, and you can watch the final round on Sunday from 10 a.m.-1 p.m. ET on ESPN and from 1-7 p.m. on CBS.
As GOLF.com’s managing editor, Berhow handles the day-to-day and long-term planning of one of the sport’s most-read news and service websites. He spends most of his days writing, editing, planning and wondering if he’ll ever break 80. Before joining GOLF.com in 2015, he worked at newspapers in Minnesota and Iowa. A graduate of Minnesota State University in Mankato, Minn., he resides in the Twin Cities with his wife and two kids. You can reach him at joshua_berhow@golf.com.
