The 2024 Masters Tournament prize money payout is from the $20 million purse, with 59 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 $3,600,000, with the second-place finisher taking home $2,160,000. 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 59th-place professional player, who gets $39,600.
For 2024 Masters results and payout, see our final leaderboard
The Masters Tournament field is headed by Scottie Scheffler, Max Homa, Collin Morikawa and more.
This tournament started with 89 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 2024 Masters Tournament from the correct 2024 Masters Tournament full-field payout is based on their finish.
The 36-hole cut was made to the top 50 players and ties, and those remaining 60 players have an opportunity to move up the leaderboard in the final round. Neal Shipley is the lone amateur to make the cut, and he will not receive prize money for his finish.
The 2024 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. All professionals who miss the cut are paid $10,000.
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 750 FedEx Cup points, as this is considered an official major championship event on the PGA Tour schedule.
Additionally, there are 100 Official World Golf Ranking points on the line for the winner -- regardless of their current tour.
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.
2024 Masters Tournament prize money, winner's share, first-place payout
For 2024 Masters results and payout, see our final leaderboard
| POSITION | MONEY |
|---|---|
| 1 | $3,600,000 |
| 2 | $2,160,000 |
| 3 | $1,360,000 |
| 4 | $960,000 |
| 5 | $800,000 |
| 6 | $720,000 |
| 7 | $670,000 |
| 8 | $620,000 |
|
| |
| 9 | $580,000 |
| 10 | $540,000 |
| 11 | $500,000 |
| 12 | $460,000 |
| 13 | $420,000 |
| 14 | $380,000 |
| 15 | $360,000 |
| 16 | $340,000 |
|
| |
| 17 | $320,000 |
| 18 | $300,000 |
| 19 | $280,000 |
| 20 | $260,000 |
| 21 | $240,000 |
| 22 | $224,000 |
| 23 | $208,000 |
| 24 | $192,000 |
|
| |
| 25 | $176,000 |
| 26 | $160,000 |
| 27 | $154,000 |
| 28 | $148,000 |
| 29 | $142,000 |
| 30 | $136,000 |
| 31 | $130,000 |
| 32 | $124,000 |
|
| |
| 33 | $118,000 |
| 34 | $113,000 |
| 35 | $108,000 |
| 36 | $103,000 |
| 37 | $98,000 |
| 38 | $94,000 |
| 39 | $90,000 |
| 40 | $86,000 |
|
| |
| 41 | $82,000 |
| 42 | $78,000 |
| 43 | $74,000 |
| 44 | $70,000 |
| 45 | $66,000 |
| 46 | $62,000 |
| 47 | $58,000 |
| 48 | $54,800 |
| 49 | $52,000 |
| 50 | $50,400 |
| 51 | $49,200 |
| 52 | $48,000 |
| 53 | $46,800 |
| 54 | $45,600 |
| 55 | $44,400 |
| 56 | $43,200 |
| 57 | $42,000 |
| 58 | $40,800 |
| 59 | $39,600 |
