Ladies European Tour event offering $1 million hole-in-one prize
Golf Culture

Ladies European Tour event offering $1 million hole-in-one prize

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It's a rare thing when a player can earn more money at a tournament by not winning it, but that very well could happen at the ISPS Handa New Zealand Women's Open.

The Ladies European Tour event, played Jan. 31-Feb. 2 at Clearwater G.C., is offering a $1 million NZD ($830,300 USD) prize to any of five players invited to compete in a hole-in-one contest after the second round.

Defending champion Lydia Ko, as well as Laura Davies, Gwladys Nocera and Aussies Kristie Smith and Lindsey Wright will all be guaranteed a chance to sink the millionaire-making 165-meter (approximately 180-yard) shot on the club's 18th hole. The leader of the tournament after 36 holes will also be invited to take their shot at an ace.

The winner of the championship will earn about 4 percent of the hypothetically huge payoff.

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