2024 Masters prize money, purse: Payout for Scotty Scheffler, win, $20 million pool for each golfer

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There were plenty of things green at the 2024 Masters on Sunday – not only in the form of the famous jacket awarded to the winner of this year's tournament, but also in regards to the prize money offered from the record-setting pool. Augusta National Golf Club announced that the 2024 Masters will have a total purse of $20 million, a new tournament purse of more than $2 million and the largest payout ever offered to players at one of the nation's most pristine venues.

Scotty Scheffler was the biggest beneficiary of that increased purse, capturing his second Masters Championship in three years and earning a $3.6 million winner's share. Finishing 11 under with a 4-under 68 in a tremendous tournament, Scheffler became the fourth youngest golfer to win two Green Jackets and the 10th to win two in a three-year span. The $3.6 million prize is $360,000 more than 2023 champion Jon Rahm's earnings a year ago.

Runner-up Ludwig Åberg earned his first major championship of his career. Putting the pressure on Scheffler, the young Swede earned $2.16 million for second place, more than Danny Willett (2016) or Jordan Spieth (2015) earned for winning the green jacket.

Scheffler and Aberg weren't the only players to receive significant green by the end of the week. In fact, the top three were set to receive seven-figure payouts, except for Collin Morikawa who struggled significantly and entered a three-way tie with Max Homa and Tommy Fleetwood. Morikawa lost $320,000 when he bogeyed the last, although he increased the take-home of Homa and Fleetwood and the trio took home $1.04 million. This marked the first time that five players took home $1 million or more at the Masters.

The top 11 finishers were set to have at least $500,000 deposited into their bank accounts, and a nice payout followed with every golfer on the leaderboard finishing in the top 36 except Augusta National with six points.

2024 Masters prize money, purses, payouts

Total purse: $20 million

1st – $3,600,000 – Scotty Scheffler (-11)
2nd – $2,160,000 – Ludwig Aberg (-7)
3rd – $1,360,000 – Tommy Fleetwood, Max Homa, Collin Morikawa (-4) – $1,040,000 each
4th – $960,000
5th – $800,000
6th – $720,000 – Cameron Smith, Bryson DeChambeau (-2) – $695,000 each
7th – $670,000
8th – $620,000 – Xander Schauffele (-1)
9th – $580,000 – Will Zalatoris, Tyrell Hatton, Cameron Young (E) – $540,000 each
10th – $540,000
11th – $500,000
12th – $460,000 – Patrick Reed, Matthew Pavone, Adam Schenk, Cam Davis (+1) – $405,000 each
13th – $420,000
14th – $380,000
15th – $360,000
16th – $340,000 – Nikolai Højgaard, Sepp Straka, Chris Kirk, Byeong Hun An (+2) – $310,000 each
17th – $320,000
18th – $300,000
19th – $280,000
20th – $260,000 – Lucas Glover, Taylor Moore (+3) – $250,000 each
21st – $240,000
22nd – $224,000 – Patrick Cantlay, Keegan Bradley, Joaquin Niemann, Rory McIlroy, Matt Fitzpatrick, Adam Scott, Harris English, Min Woo Lee (+4) – $175,500 each
23rd – $208,000
24th – $192,000
25th – $176,000
26th – $160,000
27th – $154,000
28th – $148,000
29th – $142,000
30th – $136,000 – Jason Day, Si Woo Kim, Rickie Fowler, JT Poston, Tom Kim (+5) – $124,200 each
31st – $130,000
32nd – $124,000
33rd – $118,000
34th – $113,000
35th – $108,000 – Akshay Bhatia, Kurt Kitayama, Camilo Villegas (+6) – $103,000 each
36th – $103,000
37th – $98,000
38th – $94,000 – Hideki Matsuyama, Corey Connors, Ryan Fox, Luke List, Russell Henley (+7) – $86,000 each
39th – $90,000
40th – $86,000
41st – $82,000
42nd – $78,000
43rd – $74,000 – Phil Mickelson, Shane Lowry (+8) – $72,000 each
44th – $70,000
45th – $66,000 – Brooks Koepka, Jose Maria Olazabal, Jon Rahm, Danny Willett, Danny McCarthy, Sahith Thegala (+9) – $57,200 each
46th – $62,000
47th – $58,000
48th – $54,800
49th – $52,000
50th – $50,400

Those who are lucky enough to make the cut, but not lucky enough to make the top 50, will still receive compensation, although it will be down from the $50,400 figure ultimately paid to a player finishing 50th. Will increase.

51st – Grayson Murray (+10)
52nd – Eric Cole (+11)
53rd – Adam Hadwin, Neil Shipley (+12)
55th – Jake Knapp, Eric van Rooyen, Tony Finau (+13)
58th – Vijay Singh, Thorbjorn Olesen (+14)
60th – Tiger Woods (+16)



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