The Masters tournament at Augusta National Golf Club is known for its high payouts for professional golfers. In 2021, tournament winner John Rahm took home a $3.2 million payout in prize money, a significant portion of the tournament’s total $18 million purse. The remaining prize money was split among 50 golfers, with the two runners-up each receiving $1.6 million in prize money. Only three golfers earned seven figures based on their placement in the tournament. The tradition of announcing the purse during the tournament, rather than in advance, continues to be followed.
The 2022 Masters tournament had a purse of $15 million, with winner Scottie Scheffler taking home $2.7 million in prize money. The purse for the 2024 competition at Augusta will be announced on Saturday by tournament representatives, following the tradition of announcing it during the tournament. In 2023, the breakdown of the purse included a total of $18 million, with the winner earning $3.24 million, and other top finishers also receiving substantial payouts. It is important to note that amateur golfers do not earn any money for competing in the Masters tournament.
When the Masters was first played in 1934, the purse was a mere $5,000, with the winner taking home $1,500. Over the years, the purse for the tournament has significantly increased, reflecting the growth and popularity of the sport of golf. The high payouts for professional golfers at the Masters continue to draw top talent from around the world to compete for the prestigious green jacket and a chance to win a substantial amount of prize money. The tradition of announcing the purse during the tournament adds to the excitement and anticipation surrounding the event.
The Masters tournament at Augusta National Golf Club is one of the most prestigious events in the world of golf, with a long history of top golfers competing for the coveted green jacket. The high payouts for professional golfers who perform well at the tournament make it a lucrative opportunity for players to showcase their skills and earn substantial prize money. The tradition of announcing the purse during the tournament adds to the suspense and drama of the event, as players compete for their share of the prize money and a chance to etch their names in golf history.
The Masters has been a premier event in professional golf for decades, attracting top players and fans from around the world to Augusta National Golf Club. The tournament’s rich history, iconic green jacket, and high payouts have solidified its reputation as one of the most prestigious and lucrative events in the sport. As the purse for the tournament continues to grow each year, professional golfers have even more incentive to compete and perform well, with the chance to earn a significant portion of the prize money and make their mark in the world of golf.
