The Masters has a standard formula for payout percentages and distribution of its purse and prize money for the Masters Tournament. There is a 36-hole cut to the top 50 and ties, as well any players within 10 shots of the lead at the 36-hole mark.
As of 2025, the winner of the Masters gets 20 percent of the purse, similar to PGA Tour player-hosted Signature events, which have a cut to the top 50 players and ties and any player within 10 shots of the lead (a nod to the old Masters cut line).
Prior to 2025, the winner of the Masters gets 18 percent of the purse, similar to PGA Tour events.
The other payout percentages did not change, however. Typically, the second place player gets 10.8 percent of the total purse. Then it goes on like that, all the way down to 50th place, which gets 0.25 percent of the total purse. All of that remains the case.
Join Golf News Net for $10 per year, and go ad-free!The Masters now pays $25,000 to all players who miss the cut, an increase from $10,000 as of 2025. After 50th place, Augusta National Golf Club figures out what to pay based on how many players beyond 50 make the cut.
The Masters purse payout percentages and distribution
$21 million sample purse shown
| PLACE | NEW MONEY | NEW PERCENT | OLD MONEY | OLD PERCENT |
|---|---|---|---|---|
| 1 | $4,200,000 | 20.00% | $3,780,000 | 18.00% |
| 2 | $2,268,000 | 10.80% | $2,268,000 | 10.80% |
| 3 | $1,428,000 | 6.80% | $1,428,000 | 6.80% |
| 4 | $1,008,000 | 4.80% | $1,008,000 | 4.80% |
| 5 | $840,000 | 4.00% | $840,000 | 4.00% |
| 6 | $756,000 | 3.60% | $756,000 | 3.60% |
| 7 | $703,500 | 3.35% | $703,500 | 3.35% |
| 8 | $651,000 | 3.10% | $651,000 | 3.10% |
| 9 | $609,000 | 2.90% | $609,000 | 2.90% |
| 10 | $567,000 | 2.70% | $567,000 | 2.70% |
| 11 | $525,000 | 2.50% | $525,000 | 2.50% |
| 12 | $483,000 | 2.30% | $483,000 | 2.30% |
| 13 | $441,000 | 2.10% | $441,000 | 2.10% |
| 14 | $399,000 | 1.90% | $399,000 | 1.90% |
| 15 | $378,000 | 1.80% | $378,000 | 1.80% |
| 16 | $357,000 | 1.70% | $357,000 | 1.70% |
| 17 | $336,000 | 1.60% | $336,000 | 1.60% |
|
| ||||
| 18 | $315,000 | 1.50% | $315,000 | 1.50% |
| 19 | $294,000 | 1.40% | $294,000 | 1.40% |
| 20 | $273,000 | 1.30% | $273,000 | 1.30% |
| 21 | $252,000 | 1.20% | $252,000 | 1.20% |
| 22 | $235,200 | 1.12% | $235,200 | 1.12% |
| 23 | $218,400 | 1.04% | $218,400 | 1.04% |
| 24 | $201,600 | 0.96% | $201,600 | 0.96% |
| 25 | $184,800 | 0.88% | $184,800 | 0.88% |
|
| ||||
| 26 | $168,000 | 0.80% | $168,000 | 0.80% |
| 27 | $161,700 | 0.77% | $161,700 | 0.77% |
| 28 | $155,400 | 0.74% | $155,400 | 0.74% |
| 29 | $149,100 | 0.71% | $149,100 | 0.71% |
| 30 | $142,800 | 0.68% | $142,800 | 0.68% |
| 31 | $136,500 | 0.65% | $136,500 | 0.65% |
| 32 | $130,200 | 0.62% | $130,200 | 0.62% |
| 33 | $123,900 | 0.59% | $123,900 | 0.59% |
|
| ||||
| 34 | $118,650 | 0.57% | $118,650 | 0.57% |
| 35 | $113,400 | 0.54% | $113,400 | 0.54% |
| 36 | $108,150 | 0.52% | $108,150 | 0.52% |
| 37 | $102,900 | 0.49% | $102,900 | 0.49% |
| 38 | $98,700 | 0.47% | $98,700 | 0.47% |
| 39 | $94,500 | 0.45% | $94,500 | 0.45% |
| 40 | $90,300 | 0.43% | $90,300 | 0.43% |
| 41 | $86,100 | 0.41% | $86,100 | 0.41% |
| 42 | $81,900 | 0.39% | $81,900 | 0.39% |
| 43 | $77,700 | 0.37% | $77,700 | 0.37% |
| 44 | $73,500 | 0.35% | $73,500 | 0.35% |
| 45 | $69,300 | 0.33% | $69,300 | 0.33% |
| 46 | $65,100 | 0.31% | $65,100 | 0.31% |
| 47 | $60,900 | 0.29% | $60,900 | 0.29% |
| 48 | $57,540 | 0.27% | $57,540 | 0.27% |
| 49 | $54,600 | 0.26% | $54,600 | 0.26% |
| 50 | $52,920 | 0.25% | $52,920 | 0.25% |
