2023 Masters purse, winner's share, prize money payout
Masters

2023 Masters purse, winner’s share, prize money payout

A photo of Tiger Woods at the 2019 Masters Credit: Getty Images
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The 2023 Masters purse is $18 million, with the winner's share coming in at $3,240,000 -- the standard 18 percent payout according to the Masters prize money distribution chart.

The Masters purse was announced on Saturday, after the 36-hole cut is made to the top 50 players and ties through two rounds.

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

The Masters field is headed by defending champion Scottie Scheffler, Rory McIlroy, Jon Rahm and Brooks Koepka.

The event is in Augusta, Ga., with Augusta National Golf Club proving an incredible host to the game's biggest championship.

The Masters is one of the smallest fields on the PGA Tour to have a 36-hole cut. It has the smallest cut among the majors in terms of field size and total players to make the cut. The top 50 and ties make the 36-hole cut, meaning players who make the cut make a little more money as a share of the purse compared to normal PGA Tour events. Every player after 50th place earns prize money starting at approximately $28,290 for 51st place and going down to complete the weekend field.

Those who miss the cut still get $10,000. Amateurs are not paid.

How the Masters purse compares to other majors

The total purse was increased $3,000,000 from 2022 to 2023, making it tops among the majors.

The purse is behind The Players Championship purse, which was been increased to $25 million for 2023 and the event's move to March.

All prize money is subject to the state of Georgia's taxes, which peak at 6 percent for the top-earning rate of 6 percent if you make more than $10,000 in taxable income per year.

What else is on the line: FedEx Cup points, OWGR points, exemptions

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.

The winner gets 100 Official World Golf Ranking points, with all four majors offering the maximum points for any tournament in men's golf.

Winning comes with other big benefits, including a five-plus season exemption on the PGA Tour, as well berths into the Masters for life and spots in the other three majors for the next five years.

2023 Masters purse, winner's share, prize money 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

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