Masters 2025 Prize Money: Winner's Payout & Purse Breakdown

By Sarah Miller · October 29, 2033

The prize money for the 2025 Masters Golf Tournament is set at a total of $20 million, with the winner receiving $3.6 million. This marks another record-breaking year for the prestigious event held annually at Augusta National Golf Club.

Overview of the Masters Tournament Prize Money

The Masters Tournament is one of the four major championships in professional golf and consistently offers one of the most lucrative purses in the sport. Held each April at Augusta National Golf Club in Georgia, the tournament attracts the world's top players competing not only for the iconic green jacket but also for a significant share of the prize fund.

Why the Masters Prize Money Matters

Reflects the tournament’s prestige and global viewership
Sets benchmarks for other PGA Tour events
Rewards performance in one of golf’s most competitive majors
Contributes to players’ seasonal earnings and world rankings

Historical Growth of Masters Payouts

Over the past decade, the Masters has consistently increased its total purse, aligning with rising broadcast revenues and sponsorship deals. The growth underscores the tournament's financial strength and commitment to rewarding elite performance.

Year	Total Purse (USD)	Winner's Share	Winner
2025	$20,000,000	$3,600,000	TBD
2024	$18,000,000	$3,240,000	Scottie Scheffler
2023	$18,000,000	$3,240,000	Jon Rahm
2022	$15,000,000	$2,700,000	Scottie Scheffler
2021	$11,500,000	$2,070,000	Dustin Johnson
2020	$11,500,000	$2,070,000	Dustin Johnson
2019	$11,500,000	$2,070,000	Tiger Woods

Table data source:1, 2

The data shows a steady increase in the Masters' total purse, with a 74% rise from 2019 to 2025. The jump from $15 million in 2022 to $18 million in 2023 and $20 million in 2025 highlights accelerated investment. The winner’s share now exceeds $3.6 million, reinforcing the tournament’s status as a top-paying major.

Breakdown of the 2025 Prize Distribution

The $20 million purse is distributed across the leaderboard, with larger percentages allocated to higher finishes. While exact figures are confirmed closer to the event, historical patterns provide reliable estimates.

Estimated 2025 Masters Payout Structure

1st Place: $3,600,000
2nd Place: ~$2,160,000
3rd Place: ~$1,400,000
4th Place: ~$980,000
5th Place: ~$800,000
10th Place: ~$400,000
20th Place: ~$180,000
Last Place (Cut): ~$90,000

Players who miss the cut do not earn prize money, maintaining competitive intensity through the second round. The payout structure emphasizes top-tier performance while still rewarding deep runs.

Comparison with Other Major Championships

The Masters ranks among the highest-paying majors. While total purses vary slightly year to year, the consistency and prestige of the Masters make it a financial leader.

PGA Championship: $18.5 million purse in 2024
U.S. Open: $20 million purse in 2024
The Open Championship: $14.2 million in 2024 (£11 million)
Masters 2025: $20 million — tied for highest with U.S. Open

The Masters and U.S. Open now lead in total purse size, though The Open lags due to currency and sponsorship differences.

Frequently Asked Questions About Masters Prize Money

How much does the Masters winner get in 2025?

The winner of the 2025 Masters Tournament will receive $3.6 million, part of a record $20 million total purse. This amount is the largest winner’s share in Masters history.

Do all players get paid at the Masters?

No, only players who make the 36-hole cut receive prize money. Those who miss the cut earn nothing, which is standard across PGA Tour majors.

Has the Masters always paid this much?

No. The purse has grown significantly over time. In 2000, the total was $5.2 million with a $936,000 winner’s share. The 2025 purse represents a nearly fourfold increase in total value.

Is Masters prize money subject to taxes?

Yes, prize money is considered income. U.S. players pay federal and state taxes, while international players may face withholding taxes depending on tax treaties between the U.S. and their home country.

How is the prize money distributed among finishers?

The distribution follows a tiered model, with the winner receiving 18% of the total purse. Lower placements receive progressively smaller shares, ensuring top performers are rewarded proportionally more.