2023 Charles Schwab Challenge Purse and Prize Money Breakdown

The 2022-23 PGA TOUR season continues this week, with many of the world’s best golfers getting ready to play at the 2023 Charles Schwab Challenge. Of course, there is big money to be won still in this tournament that follows a major event. Read more about how the prizes will be broken down in this event below.

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Updated Purse and Prize Money Breakdown for the Charles Schwab Challenge PGA Golf Tournament Running from May 25 to 28, 2023

Where: Colonial Country Club, Fort Worth, Texas

When: May 25 to 28, 2023

Lines: View all 2023 Charles Schwab Challenge lines

TV Broadcast: GOLFTV

The Total Payout | $8.7 million

Last year, Sam Burns won the Charles Schwab Challenge and took home a scintillating total of $1.512 million. This year, the prize has gone up across the board, with the purse going form $8.4 million to $8.7 million.

The Complete Breakdown

Based on the standardized formula that the PGA Tour is using in dividing the purse for each event, here’s unofficially what the top-50 finishers in the tournament will receive.

Finish | Payout Amount
1 | $1,566,000.00
2 | $948,300.00
3 | $600,300.00
4 | $426,300.00
5 | $356,700.00
6 | $315,375.00
7 | $293,625.00
8 | $271,875.00
9 | $254,475.00
10 | $237,075.00
11 | $219,675.00
12 | $202,275.00
13 | $184,875.00
14 | $167,475.00
15 | $158,775.00
16 | $150,075.00
17 | $141,375.00
18 | $132,675.00
19 | $123,975.00
20 | $115,275.00
21 | $106,575.00
22 | $97,875.00
23 | $90,915.00
24 | $83,955.00
25 | $76,995.00
26 | $70,035.00
27 | $67,425.00
28 | $64,815.00
29 | $62,205.00
30 | $59,595.00
31 | $56,985.00
32 | $54,375.00
33 | $51,765.00
34 | $49,590.00
35 | $47,415.00
36 | $45,240.00
37 | $43,065.00
38 | $41,325.00
39 | $39,585.00
40 | $37,845.00
41 | $36,105.00
42 | $34,365.00
43 | $32,625.00
44 | $30,885.00
45 | $29,145.00
46 | $27,405.00
47 | $25,665.00
48 | $24,273.00
49 | $23,055.00
50 | $22,359.00

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