The winner's share of the 2024 Masters Tournament purse is a lot of money, and the Masters Tournament first-place payout is commensurate with winning a major championship.
The 2024 Masters Tournament purse is $20 million, which is a $5,000,000 increase over 2022 and a $2,000,000 increase over 2023.
How much money does the 2024 Masters Tournament winner get?
The Masters Tournament pays 18 percent of the total purse to the winner, so the 2024 Masters Tournament winner's share is $3,600,000 as the first-place payout.
For 2024 Masters results and payout, see our final leaderboard
In 2023, Jon Rahm won $3,240,000 in earning his second major championship title. Scottie Scheffler won $2,700,000 as the 2022 Masters Tournament winner, taking the biggest share of the $15 million purse.
Hideki Matsuyama won $2,070,000 as the 2021 Masters Tournament winner's share from an $11.5 million purse. Dustin Johnson won the same amount from the same purse in the November 2020 Masters.
In this event, every player finishing the event earns official prize money, with 59th-place finishing professional earning $39,600. Every player making the cut also earns FedEx Cup points, with the winner receiving 750 points. The winner receives 100 Official World Golf Ranking points.
The Masters Tournament does not have the biggest purse in professional golf. The Players Championship purse is tops at $25 million. The first two FedEx Cup playoff events and PGA Tour Signature events are tied for second best with a $20 million purse each, equal to the individual purse for LIV Golf tournaments.
The tournament with the highest first-place payout in all of professional golf is on the PGA Tour. The winner of the 2024 The Players Championship won $4,500,000, making it the biggest first-place payout in all of golf.