Masters Prize Money Soars to $21 Million, Winner Takes Home $4.2 Million

The Masters Increases Prize Money: A Closer Look at the 2025 Tournament

April 12, 2025, 12:53 PM ET

AUGUSTA, Ga. — The Masters, one of the most prestigious events in the world of golf, has once again upped the ante for its participants. This year, the tournament has raised its prize money by a cool $1 million, bringing the total purse to a staggering $21 million. The winner of this iconic event will walk away with a hefty $4.2 million, not to mention the coveted Masters green jacket, which many might argue is the true prize of the tournament.

For those who make it to the 50th place, the Masters will pay out $52,920, with the amounts decreasing incrementally for the three players who finish below that but still make the cut. In a move that shows the tournament’s commitment to supporting professional golfers, the Masters also offers $25,000 to professionals who miss the cut. This is a significant gesture, especially when compared to the U.S. Open, which last year began paying professionals $10,000 if they missed the cut.

Last year, Scottie Scheffler took home $3.6 million for his victory at the Masters. It’s clear that prize money at the four majors has been on a steady incline over the past several years. To put this into perspective, ten years ago, Jordan Spieth earned $1.8 million for his Masters victory when the total prize fund was $10 million. The growth in prize money is a testament to the increasing popularity and commercial success of the sport.

While the Masters is certainly generous, it is not the richest tournament in golf. That title goes to The Players Championship, which boasts a $25 million purse. Just last month, Rory McIlroy claimed $4.5 million from this lucrative event. Meanwhile, the PGA Tour is heading to the RBC Heritage in South Carolina next week, which is also a signature event with a $20 million purse and $3.6 million for the winner.

Key Takeaways:

• The Masters has increased its total prize money to $21 million, with $4.2 million for the winner.
• Professionals who miss the cut at the Masters receive $25,000, a significant amount compared to the U.S. Open’s $10,000.
• The Players Championship remains the richest tournament with a $25 million purse.
• Prize money at major golf tournaments has been steadily increasing over the past decade.

As the Masters continues to grow in both prestige and financial reward, it remains a cornerstone of the golfing calendar. The allure of the green jacket, combined with the substantial financial incentives, ensures that the tournament will continue to attract the best talent from around the world. Whether you’re a seasoned golf enthusiast or a casual fan, the Masters offers a spectacle that is hard to resist.