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

A detail of the Masters Trophy after Hideki Matsuyama of Japan won the Masters at Augusta National Golf Club on April 11, 2021 in Augusta, Georgia.

The Masters Trophy.

Getty Images

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.

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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 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.