The 2023 Charles Schwab Cup Championship prize money payout is from the $3 million purse, with 36 professional players who complete three rounds at Phoenix Country Club in Phoenix, Ariz., earning PGA Tour Champions prize money and an official-money paycheck this week.
The winner's share of the Charles Schwab Cup Championship prize pool is at $528,000, with the second-place finisher taking home $300,000. The Charles Schwab Cup Championship prize money payout breakdown shows a payout of 15 percent of the purse to the winner, and how much each PGA Tour Champions player earns is guaranteed down to the last-place player, which is $16,500 for 36th place.
The Charles Schwab Cup Championship field is headed by Miguel Angel Jimenez, Vijay Singh, Steve Alker and more.
For 2023 Charles Schwab Cup Championship results and payout, see our final leaderboard
For 2023 Charles Schwab Cup bonus pool results and payout, see our final leaderboard
This tournament started with 36 players, and a cut was not 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 Charles Schwab Cup Championship from the correct 2023 Charles Schwab Cup Championship full-field payout is based on their finish.
Every player in the field can improve their position in the final round of this 54-hole event.
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 1,056,000 Charles Schwab Cup points, as this is considered an official event on the PGA Tour Champions schedule with double points available in the playoffs.
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There are no Official World Golf Ranking points on the line in PGA Tour Champions events.
While this event offers a significant payday, a win comes with the benefits that come with winning on the PGA Tour Champions. Winners of these events get better status and access on tour.
2023 Charles Schwab Cup Championship prize money, winner's share, first-place payout
For 2023 Charles Schwab Cup Championship results and payout, see our final leaderboard
For 2023 Charles Schwab Cup bonus pool results and payout, see our final leaderboard
| POSITION | MONEY |
|---|---|
| 1 | $528,000 |
| 2 | $300,000 |
| 3 | $252,000 |
| 4 | $210,000 |
| 5 | $180,000 |
| 6 | $151,500 |
| 7 | $120,000 |
| 8 | $105,000 |
|
| |
| 9 | $90,000 |
| 10 | $78,000 |
| 11 | $75,000 |
| 12 | $72,000 |
| 13 | $69,000 |
| 14 | $66,000 |
| 15 | $63,000 |
| 16 | $60,000 |
|
| |
| 17 | $57,000 |
| 18 | $54,000 |
| 19 | $48,000 |
| 20 | $42,000 |
| 21 | $36,000 |
| 22 | $33,000 |
| 23 | $30,000 |
| 24 | $28,500 |
| 25 | $27,000 |
| 26 | $25,500 |
| 27 | $24,000 |
| 28 | $22,500 |
| 29 | $21,750 |
| 30 | $21,000 |
| 31 | $20,250 |
| 32 | $19,500 |
| 33 | $18,750 |
| 34 | $18,000 |
| 35 | $17,250 |
| 36 | $16,500 |