The wait for the 2016 Masters is over, and the entire field will walk away from Augusta some five digits richer when the tournament concludes this Sunday.
Considering that The Masters is one of only four major tournaments on the PGA Tour calendar, it stands to reason that the event is bound to reward its participants in a more handsome manner than the other tournaments on schedule. Exactly how much cash is at stake this week? Let’s find out below.
And for an in-depth look at the upcoming scintillating action on the greens, check out our complete preview and sleeper picks for the Masters Tournament right after this.
2016 Masters Purse and Prize Money Payout Breakdown
The Total Payout
After two years of seeing the Masters Tournament’s purse rise and finally hit the $10 million mark last season, the event stood pat at that massive eight-digit figure total this 2016.
It’s not as if The Masters needed an increase in prize money to begin with, as the event is just one of only three tournaments on the PGA Tour with a $10 million purse along with the the Players Championship and the PGA Championship.
Regardless of which tournament really boasts the largest stakes, the bottom line is that $10 million is still a LOT of money. So much so that the winner at Augusta this weekend will take home $1.8 million, which is significantly greater that what the rest of the field will receive (as you’ll see in our chart below).
Then again, just the thought of winning no less than $10,000 for making the cut and finishing in any position on the tournament’s leaderboard is enough to make any golfer ecstatic. Wouldn’t you be?
The Complete Breakdown
Finish
Payout Amount
1st
$1,800,000
2nd
$1,080,000
3rd
$680,000
4th
$480,000
5th
$400,000
6th
$360,000
7th
$335,000
8th
$310,000
9th
$290,000
10th
$270,000
11th
$250,000
12th
$230,000
13th
$210,000
14th
$190,000
15th
$180,000
** Amateurs are not entitled to receive prize money. Any supposed earnings by an amateur golfer at The Masters will be evenly-distributed among the pro-golfers that made the cut.
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