The Masters purse 2023: Payout by player, finishing position

The Masters payout has increased again in 2023, so we’re taking a look at the purse and the prize money the winner and every player in the field will make.

It was a big moment last year when The Masters purse was increased to $15 million but it’s gotten another boost for 2023. This year’s tournament will have an $18 million purse for The Masters, meaning that the prize money at Augusta National Golf Club has now increased $6.5 million since just 2021, which is quite impressive.

Everyone was hoping for a week at Augusta National that would deliver a great tournament and a great champion putting on the Green Jacket and, though weather has far from cooperated, that was the way things shaped up going into the final round. Brooks Koepka held the 54-hole lead but was paired with another former US Open champion, Jon Rahm, in the final group. And just three strokes behind Koepka was young Norwegian star Viktor Hovland.

This was a massive moment for all three players trying to win The Masters for the first time, but we’re here to talk about the money. What would The Masters payout be for the winner? How much would every other player to make the cut take home from the increased purse at Augusta National?

Let’s take a look at how the prize money and Masters payout will be distributed.

Masters prize money: Winner’s payout for 2023

The winner at The Masters in 2023, Jon Rahm, will receive a record $3.24 million, up just more than $500,000 from the prize money that Scottie Scheffler received last year for winning at Augusta National. Though the designated events and THE PLAYERS Championship have it beat, this winner’s payout at Augusta is now the highest in major championship history for golf.

Masters payout by finishing position, player

1. Jon Rahm – $3.24 million
T2. Brooks Koepka – $1.584 million
T2. Phil Mickelson – $1.584 million
T4. Jordan Spieth – $744,000
T4. Patrick Reed – $744,000
T4. Russell Henley – $744,000
T7. Cameron Young – $603,000
T7. Viktor Hovland – $603,000
9. Sahith Theegala – $522,000
T10. Scottie Scheffler – $432,000
T10. Matt Fitzpatrick – $432,000
T10. Xander Schauffele – $432,000
T10. Collin Morikawa – $432,000
T14. Gary Woodland – $333,000
T14. Patrick Cantlay – $333,000
T16. Tom Kim – $324,000
T16. Sungjae Im – $324,000
T16. Joaquin Niemann – $324,000
T16. Justin Rose – $324,000
T16. Shane Lowry – $324,000
T16. Sam Bennett (A) – $0
T16. Hideki Matsuyama – $324,000
T23. Keegan Bradley – $172,800
T23. Chris Kirk – $172,800
T23. KH Lee – $172,800
T26. Tony Finau – $138,600
T26. Scott Stallings – $138,600
T26. Ryan Fox – $138,600
T29. Si Woo Kim – $119,700
T29. Sam Burns – $119,700
T29. Harold Varner III – $119,700
T29. Mackenzie Hughes – $119,700
33. Tommy Fleetwood – $106,200
T34. Tyrrell Hatton – $92,880
T34. Cameron Smith – $92,880
T34. Zach Johnson – $92,880
T34. Talor Gooch – $92,880
T34. JT Poston – $92,880
T39. Taylor Moore – $75,600
T39. Abraham Ancer – $75,600
T39. Adam Scott – $75,600
T39. Jason Day – $75,600
T43. Max Homa – $63,000
T43. Harris English – $63,000
T43. Mito Pereira – $63,000
T46. Sepp Straka – $54,000
T46. Seamus Power – $54,000
T48. Dustin Johnson – $48,060
T48. Thomas Pieters – $48,060
T50. Charl Schwartzel – $47,160
T50. Fred Couples – $47,160
52. Billy Horschel – $45,160
53. Keith Mitchell – $45,060

It’s been a phenomenal week at Augusta, and this tournament and course — especially in the weather for 2023 — really puts into perspective how hard these players have to work to earn their share of the purse this week.

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