The winner of the 2023 Masters Tournament will pocket a record-tying purse of $2.7 million.
That’s the same amount won last year by Scottie Scheffler, who’ll seek to defend his Masters title starting Thursday at Augusta National Golf Club.
Last year’s total purse was $15 million. Runner-up Rory McIlroy earned $1.62 million. The top 10 finishers earned at least $390,000.
More on the creeping inflation of Masters winner’s purses over the decades:
- Tiger Woods was the first Green Jacket winner to crack the $2 million mark for finishing first. He collected $2,070,000 (before inflation) for winning his fifth Green Jacket in 2019.
- Back in 2001, Woods was also the first to make over $1 million for winning the tournament. He earned $1,008,000 – then took home the same amount when he repeated as champ in 2002.
- In 1984, Ben Crenshaw was the first Masters champion to earn a $100,000 payday. He took home $108,000 for winning in the first of his two Green Jackets.
- The first tournament winner, Horton Smith, won $1,500 in 1934. In today’s dollars, $32,759.33. The following eight winners earned the same amount.
Money isn’t everything. The chance to etch their name in golf history by winning the coveted Green Jacket is more important.
As the legendary Ben Hogan said, “If the Masters offered no money at all, I would be here trying just as hard.”
Champions Payout By Year
| Year | Champion | Score | Prize | Inflation (2022) |
|---|---|---|---|---|
| 2023 | Jon Rahm | 276 (-12) | $3,240,000 | – |
| 2022 | Scottie Scheffler | 278 (-10) | $2,700,000 | – |
| 2021 | Hideki Matsuyama | 278 (-10) | $2,070,000 | $2,247,896.03 |
| 2020 | Dustin Johnson | 268 (-20) | $2,070,000 | $2,340,657.24 |
| 2019 | Tiger Woods | 275 (-13) | $2,070,000 | $2,369,496.60 |
| 2018 | Patrick Reed | 273 (-15) | $1,980,000 | $2,307,542.51 |
| 2017 | Sergio Garcia | 279 (-9) | $1,980,000 | $2,363,931.95 |
| 2016 | Danny Willett | 283 (-5) | $1,800,000 | $2,194,875.00 |
| 2015 | Jordan Spieth | 270 (-18) | $1,800,000 | $2,222,498.81 |
| 2014 | Bubba Watson | 280 (-8) | $1,620,000 | $2,002,623.18 |
| 2013 | Adam Scott | 279 (-9) | $1,440,000 | $1,808,986.21 |
| 2012 | Bubba Watson | 278 (-10) | $1,440,000 | $1,835,483.51 |
| 2011 | Charl Schwartzel | 274 (-14) | $1,440,000 | $1,873,467.92 |
| 2010 | Phil Mickelson | 272 (-16) | $1,350,000 | $1,811,816.69 |
| 2009 | Angel Cabrera | 276 (-12) | $1,350,000 | $1,841,535.49 |
| 2008 | Trevor Immelman | 280 (-8) | $1,350,000 | $1,834,983.72 |
| 2007 | Zach Johnson | 289 (+1) | $1,305,000 | $1,841,924.21 |
| 2006 | Phil Mickelson | 281 (-7) | $1,260,000 | $1,829,062.50 |
| 2005 | Tiger Woods | 276 (-12) | $1,260,000 | $1,888,064.52 |
| 2004 | Phil Mickelson | 279 (-9) | $1,117,000 | $1,730,492.59 |
| 2003 | Mike Weir | 281 (-7) | $1,080,000 | $1,717,728.26 |
| 2002 | Tiger Woods | 276 (-12) | $1,008,000 | $1,639,750.97 |
| 2001 | Tiger Woods | 272 (-16) | $1,008,000 | $1,665,675.89 |
| 2000 | Vijay Singh | 278 (-10) | $828,000 | $1,407,167.25 |
| 1999 | Jose M. Olazabal | 280 (-8) | $720,000 | $1,264,753.90 |
| 1998 | Mark O’Meara | 279 (-9) | $576,000 | $1,034,149.69 |
| 1997 | Tiger Woods | 270 (-18) | $486,000 | $886,155.14 |
| 1996 | Nick Faldo | 276 (-12) | $450,000 | $839,340.34 |
| 1995 | Ben Crenshaw | 274 (-14) | $396,000 | $760,429.13 |
| 1994 | Jose M. Olazabal | 279 (-9) | $360,000 | $710,890.69 |
| 1993 | Bernhard Langer | 277 (-11) | $306,000 | $619,729.41 |
| 1992 | Fred Couples | 275 (-13) | $270,000 | $563,189.59 |
| 1991 | Ian Woosnam | 277 (-11) | $243,000 | $522,128.85 |
| 1990 | Nick Faldo | 278 (-10) | $225,000 | $503,796.86 |
| 1989 | Nick Faldo | 283 (-15) | $200,000 | $472,016.13 |
| 1988 | Sandy Lyle | 281 (-7) | $183,800 | $452,704.56 |
| 1987 | Larry Mize | 285 (-3) | $162,000 | $417,335.39 |
| 1986 | Jack Nicklaus | 279 (-9) | $144,000 | $384,503.65 |
| 1985 | Bernhard Langer | 282 (-6) | $126,000 | $342,694.24 |
| 1984 | Ben Crenshaw | 277 (-11) | $108,000 | $304,198.27 |
| 1983 | Severiano Ballesteros | 280 (-8) | $90,000 | $264,442.77 |
| 1982 | Craig Stadler | 284 (-4) | $64,000 | $194,089.12 |
| 1981 | Tom Watson | 280 (-8) | $60,000 | $193,168.32 |
| 1980 | Severiano Ballesteros | 275 (-13) | $55,000 | $195,336.77 |
| 1979 | Fuzzy Zoeller | 280 (-8) | $50,000 | $201,549.59 |
| 1978 | Gary Player | 277 (-11) | $45,000 | $201,982.36 |
| 1977 | Tom Watson | 276 (-12) | $40,000 | $193,168.32 |
| 1976 | Ray Floyd | 271 (-17) | $40,000 | $205,729.35 |
| 1975 | Jack Nicklaus | 276 (-12) | $40,000 | $217,583.64 |
| 1974 | Gary Player | 278 (-10) | $35,000 | $207,763.69 |
| 1973 | Tommy Aaron | 283 (-5) | $30,000 | $197,736.49 |
| 1972 | Jack Nicklaus | 286 (-2) | $25,000 | $175,029.90 |
| 1971 | Chales Coody | 279 (-9) | $25,000 | $180,648.15 |
| 1970 | Billy Casper | 279 (-9) | $25,000 | $188,563.14 |
| 1969 | George Archer | 281 (-7) | $20,000 | $159,0482.29 |
| 1968 | Bob Goalby | 277 (-11) | $20,000 | $168,189.66 |
| 1967 | Gay Brewer Jr. | 280 (-8) | $20,000 | $175,239.52 |
| 1966 | Jack Nicklaus | 288 (E) | $20,000 | $180,648.15 |
| 1965 | Jack Nicklaus | 271 (-17) | $20,000 | $185,809.52 |
| 1964 | Arnold Palmer | 276 (-12) | $20,000 | $188,806.45 |
| 1963 | Jack Nicklaus | 286 (-2) | $20,000 | $191,274.51 |
| 1962 | Arnold Palmer | 280 (-8) | $20,000 | $193,168.32 |
| 1961 | Gary Player | 280 (-8) | $20,000 | $195,752.51 |
| 1960 | Arnold Palmer | 282 (-6) | $17,500 | $173,019.43 |
| 1959 | Art Wall Jr. | 284 (-4) | $15,000 | $150,850.52 |
| 1958 | Arnold Palmer | 284 (-4) | $11,250 | $113,920.85 |
| 1957 | Doug Ford | 283 (-5) | $8,750 | $91,127.67 |
| 1956 | Jack Burke | 289 (+1) | $6,000 | $64,555.15 |
| 1955 | Cary Middlecoff | 279 (-9) | $5,000 | $54,598.88 |
| 1954 | Sam Snead | 289 (+1) | $5,000 | $54,395.91 |
| 1953 | Ben Hogan | 274 (-14) | $4,000 | $43,842.70 |
| 1952 | Sam Snead | 286 (-2) | $4,000 | $45,023.08 |
| 1951 | Ben Hogan | 280 (-8) | $3,000 | $33,767.31 |
| 1950 | Jimmy Demaret | 283 (-5) | $2,400 | $29,143.57 |
| 1949 | Sam Snead | 282 (-6) | $2,750 | $33,814.60 |
| 1948 | Claude Harmon | 279 (-9) | $2,500 | $30,357.88 |
| 1947 | Jimmy Demaret | 281 (-7) | $2,500 | $32,808.30 |
| 1946 | Herman Keiser | 282 (-6) | $2,500 | $37,519.23 |
| 1945 | No Championship (World War II) | — | — | — |
| 1944 | No Championship (World War II) | — | — | — |
| 1943 | No Championship (World War II) | — | — | — |
| 1942 | Byron Nelson | 280 (-8) | $1,500 | $26,930.98 |
| 1941 | Craig Wood | 280 (-8) | $1,500 | $29,862.24 |
| 1940 | Jimmy Demaret | 280 (-8) | $1,500 | $31,355.36 |
| 1939 | Ralph Guldahl | 279 (-9) | $1,500 | $31,580.94 |
| 1938 | Henry Picard | 285 (-3) | $1,500 | $31,132.98 |
| 1937 | Byron Nelson | 283 (-5) | $1,500 | $30,484.38 |
| 1936 | Horton Smith | 285 (-3) | $1,500 | $31,580.94 |
| 1935 | Gene Sarazen | 285 (-3) | $1,500 | $32,041.97 |
| 1934 | Horton Smith | 284 (-4) | $1,500 | $32,759.33 |
