2023 Masters Tournament money: Purse, winner's share, prize money payout
Masters

2023 Masters Tournament money: Purse, winner’s share, prize money payout

A photo of golfer Brooks Koepka Credit: Getty Images
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The 2023 Masters Tournament prize money payout is from the $18 million purse, with 52 professional players who complete four rounds at Augusta National Golf Club in Augusta, Ga., earning an official-money paycheck this week.

The winner's share of the Masters Tournament prize pool is at $3,240,000, with the second-place finisher taking home $1,944,000. The Masters Tournament prize money payout breakdown shows a payout of 18 percent of the purse to the winner, and how much each Masters player earns is guaranteed down to the 52nd-place professional player, who gets $43,200.

For 2023 Masters Tournament results and payout, see our final leaderboard

The Masters Tournament field is headed by Brooks Koepka, Jon Rahm, Collin Morikawa and more.

This tournament started with 88 players, and a cut was made this week after two rounds. Every professional player in the field is paid for completing the event, but how much each player is paid at the 2023 Masters Tournament from the correct 2023 Masters Tournament full-field payout is based on their finish.

The 36-hole cut was made to the top 50 players and ties, and after Tiger Woods withdrew on Sunday morning, those remaining 53 players have an opportunity to move up the leaderboard in the final round. Sam Bennett is the lone amateur to make the cut, and he will not receive prize money for his finish.

The 2023 Masters Tournament prize money payout is only true after the Masters cut is made, with the Augusta National Golf Club adding money to the purse if more than 50 professionals make the cut to ensure all players are paid.

At the Masters, there is no secondary cut, meaning all players making the 36-hole cut are able to complete all four rounds of the tournament.

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 600 FedEx Cup points, as this is considered an official event on the PGA Tour schedule.

Additionally, there are 100 Official World Golf Ranking points on the line for the winner.

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 five-plus season exemption on the PGA Tour, berths into the next five editions of PGA Championship, US Open, British Open and The Players. A winner also gets a lifetime exemption into the Masters and entry into next year's Sentry Tournament of Champions.

2023 Masters Tournament prize money, winner's share, first-place payout

For 2023 Masters Tournament results and payout, see our final leaderboard

POSITION MONEY
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
51 $44,280
52 $43,200

About the author

Ryan Ballengee

Ryan Ballengee is founder and editor of Golf News Net. He has been writing and broadcasting about golf for nearly 20 years. Ballengee lives in the Washington, D.C. area with his family. He is currently a +2.6 USGA handicap, and he has covered dozens of major championships and professional golf tournaments. He likes writing about golf and making it more accessible by answering the complex questions fans have about the pro game or who want to understand how to play golf better.

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