2016 PGA Championship Purse and Prize Money Breakdown

We’re only a few days away from the start of the PGA Championship and excitement is definitely building for the year’s final major tournament. It’s bound to be one blockbuster event, with 156 of the world’s best golfers competing this week at Baltusrol Golf Club. Considering that the PGA Championship is one of the most prestigious events on the golfing calendar, it stands to reason that this tournament is bound to reward its golfers in a more handsome manner than the other tour stops on schedule. Exactly how much cash is at stake in Springfield this week? Let’s all find out below.

And for an in-depth look at the upcoming action on the greens, check out our complete preview and sleeper picks for the 98th PGA Championship right after this.

Cash In on the Best Online Sportsbook Offers Now at TopBet!

Special Deposit Bonuses

Exclusive Betting Props

$250 Welcome Bonus

Tiered Deposit Bonuses

2016 PGA Championship Prize Money Breakdown

The Total Payout

There is money to be made in Springfield. The PGA Championship boasts a total purse of $10.5 million, with a hefty $1.89 million of that prize going to the eventual champion. That’s outstanding news for the world-class field considering the total payout last year amounted to only $10 million.

To put into perspective the difference in prize money, defending champion Jason Day (+950) earned 1.8 million in this tournament last year. That’s 90,000 less than the amount the PGA champion will receive this year. Finishing second in this event ain’t bad either with the runner-up receiving a cash payout of $1.134 million. This is one of the few golf tournaments wherein the second place finisher (barring no ties) still gets a seven-figure sum.

The Complete Breakdown

Finish | Payout Amount
1st | $1,890,000
2nd | $1,134,000
3rd | $714,000
4th | $504,000
5th | $420,000
6th | $378,000
7th | $351,750
8th | $325,500
9th | $304,500
10th | $283,500
11th | $262,500
12th | $241,500
13th | $220,500
14th | $199,500
15th | $189,000
16th | $178,500
17th | $168,000
18th | $157,500
19th | $147,000
20th | $136,500
21st | $126,000
22nd | $117,600
23rd | $109,200
24th | $100,800
25th | $92,400
26th | $84,000
27th | $80,850
28th | $77,700
29th | $74,550
30th | $71,400
31st | $68,250
32nd | $65,100
33rd | $61,950
34th | $59,850
35th | $56,700
36th | $54,600
37th | $51,450
38th | $49,350
39th | $47,250
40th | $45,150
41st | $43,050
42nd | $40,950
43rd | $38,850
44th | $36,750
45th | $34,650
46th | $32,550
47th | $30,450
48th | $28,350
49th | $27,300
50th | $26,250

Create a betting account now to win big from the exciting action at the PGA Championship and all the other major sports tournaments around the globe.

3,856 total views

The post 2016 PGA Championship Purse and Prize Money Breakdown appeared first on Sports Betting Tips, News, and Analysis.