Winning the Masters is worth far more than any amount of money you could possibly attain for the victory, but boy, the payout is pretty great, too. The 2020 Masters purse is again set at $11.5 million for the second straight year with the winner taking home 18% of that sum for mastering the Augusta National course and taking home a green jacket.
It is the second straight year that a Masters champion will earn more than $2 million, and while you won’t get a green jacket, the second place prize of $1.24 million is not that shabby either. That’s more than can be earned by the champion of many PGA Tour events any given season.
The Masters purse is so impressive that the third-place finisher will receive as much as the entire field did when Jack Nicklaus won the 1986 Masters. So while one of the last thing a green jacket-earner will be thinking about come Sunday evening (or Monday morning) is how much money will hit his bank account next week, it’s still pretty great work … if you can get it.
We are at a blistering pace rolling to a finish at Augusta National, and it is still up in the air who will claim the grand prize. Here’s a look at all the prize money and payouts for the 84th Masters.
2020 Masters prize money, purse, payouts
Total purse: $11.5 million
Payouts projected based on 2019 prize money breakdown
1st (Winner): $2,070,000
When golfers tie for a position, their share of the purse is an average of what those competitors would be paid if they were positioned in order. Every professional golfer who finishes lower than 50th will receive cash prizes ranging downward from $28,290 depending on their scores and finishes among the field.