2020 Charles Schwab Challenge money: Purse, winner's share, prize money payout
PGA Tour

2020 Charles Schwab Challenge money: Purse, winner’s share, prize money payout

FOLLOW: iHEART | TUNEIN


The 2020 Charles Schwab Challenge purse is set for $7.5 million, with 67 professional players who complete four rounds at Colonial Country Club in Ft. Worth, Texas., earning a paycheck this week.

The winner's share of the Charles Schwab Challenge prize pool is at $1,350,000, with the second-place finisher taking home $1,013,700.

The Charles Schwab Challenge field is headed by Rory McIlroy, Jordan Spieth, Xander Schauffele and Justin Thomas.

This tournament started with 148 players, and there was a 36-hole cut to players at 2-under 138 or better.

With the new PGA Tour cut rule down to the top 65 and ties, no players are subject to the PGA Tour's secondary cut any longer.

What else is on the line

Beyond money, there are important points, perks and benefits on the line for the field -- in particular, the tournament winner.

The winner of this event will get 500 FedEx Cup points. Every player who completes this event earns FedEx Cup points, assuming they are a PGA Tour member. Non-PGA Tour members get the equivalent of non-member points that are tracked on a separate list and can help a player earn PGA Tour membership or special temporary status.

Additionally, there are 72 big Official World Golf Ranking points on the line for the winner, as this is a strong field with a good number of top-50 players committing to play.

While this event offers a significant payday, a win comes with the benefits that come with winning on the PGA Tour. Winners of these events get a two-plus season exemption on the PGA Tour, berths into the 2021 Masters, the 2021 Sentry Tournament of Champions, 2021 The Players Championship and the 2020 PGA Championship.

2020 Charles Schwab Challenge prize money, winner's share, first-place payout

  • 1. $1,350,000
  • 2. $817,500
  • 3. $517,500
  • 4. $367,500
  • 5. $307,500
  • 6. $271,875
  • 7. $253,125
  • 8. $234,375
  • 9. $219,375
  • 10. $204,375
  • 11. $189,375
  • 12. $174,375
  • 13. $159,375
  • 14. $144,375
  • 15. $136,875
  • 16. $129,375
  • 17. $121,875
  • 18. $114,375
  • 19. $106,875
  • 20. $99,375
  • 21. $91,875
  • 22. $84,375
  • 23. $78,375
  • 24. $72,375
  • 25. $66,375
  • 26. $60,375
  • 27. $58,125
  • 28. $55,875
  • 29. $53,625
  • 30. $51,375
  • 31. $49,125
  • 32. $46,875
  • 33. $44,625
  • 34. $42,750
  • 35. $40,875
  • 36. $39,000
  • 37. $37,125
  • 38. $35,625
  • 39. $34,125
  • 40. $32,625
  • 41. $31,125
  • 42. $29,625
  • 43. $28,125
  • 44. $26,625
  • 45. $25,125
  • 46. $23,625
  • 47. $22,125
  • 48. $20,925
  • 49. $19,875
  • 50. $19,275
  • 51. $18,825
  • 52. $18,375
  • 53. $18,075
  • 54. $17,775
  • 55. $17,625
  • 56. $17,475
  • 57. $17,325
  • 58. $17,175
  • 59. $17,025
  • 60. $16,875
  • 61. $16,725
  • 62. $16,575
  • 63. $16,425
  • 64. $16,275
  • 65. $16,125
  • 66. $15,975
  • 67. $15,825

For full results and payout, go to the next page

About the author

Ryan Ballengee

Ryan Ballengee is the founder, owner and operator of Golf News Net.

Sometimes we post sponsored content from this account, and it is labeled as such.

We also occasionally include links to products and services from merchants of our choice. GNN may earn a commission from sales generated by those links. See more in GNN's affiliate disclosure.