The 2024 Charles Schwab Challenge prize money payout is from the $9.1 million purse, with 71 professional players who complete four rounds at Colonial Country Club in Ft. Worth, Texas, earning PGA Tour prize money this week.
The winner's share of Charles Schwab Challenge prize pool is at $1,638,000, with the second-place finisher taking home $991,900 in PGA Tour prize money today. The Charles Schwab Challenge prize-money payout breakdown shows a payout of 18 percent of the purse to the winner, and how much each PGA Tour player earns is guaranteed down to the last-place professional player, which is $18,473.
For 2024 Charles Schwab Challenge results and payout, see our final leaderboard
The Charles Schwab Challenge field is headed by Scottie Scheffler, Davis Riley, Pierceson Coody and more. The PGA Tour leaderboard is topped by Riley, who has a sizable edge heading into the final round.
This tournament started with 132 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 Charles Schwab Challenge from the correct 2024 Charles Schwab Challenge full-field payout is based on their finish.
The 36-hole cut was made to the top 65 players and ties, with every player able to move up in the final round.
The 2024 Charles Schwab Challenge prize money payout is set ahead of the event, with the PGA Tour typically adding money to the purse if more than 65 professionals make the cut to ensure all players are paid, as is the case this week.
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, as will be the practice for all standard events in 2024.
Additionally, there are 52 Official World Golf Ranking points on the line for the winner.
While this event offers a significant payday, the win comes with enhanced PGA Tour status. The winner gets a two-year PGA Tour exemption, into the Signature events for the rest of the year, and it goes a long way into getting that player into the 2025 Signature events.
2024 Charles Schwab Challenge prize money, winner's share, first-place payout
For 2024 Charles Schwab Challenge results and payout, see our final leaderboard
| POSITION | MONEY |
|---|---|
| 1 | $1,638,000 |
| 2 | $991,900 |
| 3 | $627,900 |
| 4 | $445,900 |
| 5 | $373,100 |
| 6 | $329,875 |
| 7 | $307,125 |
| 8 | $284,375 |
|
| |
| 9 | $266,175 |
| 10 | $247,975 |
| 11 | $229,775 |
| 12 | $211,575 |
| 13 | $193,375 |
| 14 | $175,175 |
| 15 | $166,075 |
| 16 | $156,975 |
|
| |
| 17 | $147,875 |
| 18 | $138,775 |
| 19 | $129,675 |
| 20 | $120,575 |
| 21 | $111,475 |
| 22 | $102,375 |
| 23 | $95,095 |
| 24 | $87,815 |
| 25 | $80,535 |
| 26 | $73,255 |
| 27 | $70,525 |
| 28 | $67,795 |
| 29 | $65,065 |
| 30 | $62,335 |
| 31 | $59,605 |
| 32 | $56,875 |
| 33 | $54,145 |
| 34 | $51,870 |
| 35 | $49,595 |
| 36 | $47,320 |
| 37 | $45,045 |
| 38 | $43,225 |
| 39 | $41,405 |
| 40 | $39,585 |
| 41 | $37,765 |
| 42 | $35,945 |
| 43 | $34,125 |
| 44 | $32,305 |
| 45 | $30,485 |
| 46 | $28,665 |
| 47 | $26,845 |
| 48 | $25,389 |
| 49 | $24,115 |
| 50 | $23,387 |
| 51 | $22,841 |
| 52 | $22,295 |
| 53 | $21,931 |
| 54 | $21,567 |
| 55 | $21,385 |
| 56 | $21,203 |
| 57 | $21,021 |
| 58 | $20,839 |
| 59 | $20,657 |
| 60 | $20,475 |
| 61 | $20,293 |
| 62 | $20,111 |
| 63 | $19,929 |
| 64 | $19,747 |
| 65 | $19,565 |
| 66 | $19,383 |
| 67 | $19,201 |
| 68 | $19,019 |
| 69 | $18,837 |
| 70 | $18,655 |
| 71 | $18,473 |
