Masters Purse Sets Record at $20 Million

Masters Purse Reaches Record $20 Million for 2024 Tournament

AUGUSTA, Ga. — The Masters Tournament has once again raised the stakes, increasing its total purse to a historic
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20millionforthe2024event,a2 million jump from last year. The winner will take home a staggering $3.6 million, solidifying the Masters as one of the most lucrative events in golf.

Augusta National Golf Club, home of the prestigious tournament, announced the purse increase on Tuesday, continuing its trend of elevating prize money in recent years. In 2023, Jon Rahm claimed
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3.24millionforhisvictory,whileScottieSchefflerearned2.7 million in 2022.

The boost reflects golf’s growing financial landscape, particularly amid competition from the Saudi-backed LIV Golf, which has lured top players with massive payouts. The Masters remains one of the four major championships and maintains its tradition while adapting to the sport’s evolving economics.

Beyond the winner’s share, the runner-up will receive
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2.16million,whileevenplayerswhomissthecutearn10,000—a nod to the tournament’s commitment to supporting all competitors.

The 2024 Masters begins Thursday, with fans eagerly watching to see who will claim the iconic green jacket and the largest paycheck in tournament history.

—By [Your Name], Golf Correspondent

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