2023 Masters prize money and purse: $18 million in payouts to go to Jon Rahm

The 2023 Masters had plenty of green, both in terms of the fabled green jacket given to Jon Rahm, the tournament’s victor this year, and in terms of the prize money handed from a pool that set records. The 2023 Masters will have a $18 million purse, Augusta National Golf Club said on Saturday. At one of the most pristine sites in the country, this sets a new competition record for the biggest prize pool ever given to competitors.

The Masters purse for this year is up $3 million from the $15 million awarded in 2022. Rahm will win $3.24 million, which is $630,000 more than Scottie Scheffler, the defending champion, and represents the biggest year-over-year increase in tournament history. A single runner-up would have received around $2 million, which is more money than Danny Willett (2016) or Jordan Spieth (2015) were paid for taking home the green jacket.

The whole top 10 will collect checks totaling more than $480,000, and everyone in the top 34 will take home at least six figures. This enormous payoff is nothing new, and it cascades down the field.

Sam Bennett, an amateur, made an unexpected change to the Masters leaderboard this year. Despite finishing the tournament among the top players in the field for the majority of the week, Bennett did not receive a financial award. The winner’s prize would have gone to the second-place finisher if the current U.S. Amateur Champion had managed to win despite all odds.

2023 Masters prize money, purse, payouts

Total purse: $18 million

1st: $3,240,000 — Jon Rahm

2nd: $1,944,000 — Phil Mickelson, Brooks Koepka ($1.594 million each)

3rd: $1,224,000

4th: $864,000 — Jordan Spieth, Patrick Reed, Russel Henley ($744,000 each)

5th: $720,000

6th: $648,000

7th: $603,000 — Cameron Young, Viktor Hovland ($580,500 each)

8th: $558,000

9th: $522,000 — Sahith Theegala

10th: $486,000 — Scottie Scheffler, Matthew Fitzpatrick, Xander Schauffele, Collin Morikawa ($432,000 each)

11th: $450,000

12th: $414,000

13th: $378,000

14th: $342,000 — Gary Woodland, Patrick Cantlay ($333,000 each)

15th: $324,000

16th: $306,000 — Tom Kim, Sungjae Im, Joaquin Niemann, Justin Rose, Shane Lowry, Sam Bennett(a)*, Hideki Matsuyama ($261,000 each)

17th: $288,000

18th: $270,000

19th: $252,000

20th: $234,000

21st: $216,000

22nd: $201,600

23rd: $187,200 — Keegan Bradley, Chris Kirk, K.H. Lee ($172,800 each)

24th: $172,800

25th: $158,400

26th: $144,000 — Tony Finau, Scott Stallings, Ryan Fox ($138,600 each)

27th: $138,600

28th: $133,200

29th: $127,800 — Si Woo Kim, Sam Burns, Harold Varner III, Mackenzie Hughes ($119,700 each)

30th: $122,400

31st: $117,000

32nd: $111,600

33rd: $106,200 — Tommy Fleetwood

34th: $101,700 — Tyrrell Hatton, Cameron Smith, Zach Johnson, Talor Gooch, J.T. Poston ($92,880 each)

35th: $97,200

36th: $92,700

37th: $88,200

38th: $84,600

39th: $81,000 — Adam Scott, Jason Day, Taylor Moore, Abraham Ancer ($75,600 each)

40th: $77,400

41st: $73,800

42nd: $70,200

43rd: $66,600 — Max Homa, Harris English, Mito Pereira ($63,000 each)

44th: $63,000

45th: $59,400

46th: $55,800 — Sepp Straka, Seamus Power ($54,000 each)

47th: $52,200

48th: $49,320 — Thomas Pieters, Dustin Johnson ($48,060 each)

49th: $46,800 50th: $45,360 — Charl Schwartzel, Fred Couples ($45,360 each)