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The Masters payout distribution 2026: Prize money, purse and winner's share

Full breakdown for the Masters Tournament purse, winner's prize money and payouts for every player in the field at Augusta.
The Masters
The Masters | David Cannon/GettyImages

Winning The Masters is what every golfer dreams of, and Rory McIlroy can say he's done that twice atAugusta National Golf Club. But in addition to realized golf dreams, a green jacket, a membership at Augusta, and all that comes with winning, Rory can also say he's now won the most prize money ever by a Masters champion.

For the 2026 Masters Tournament, Augusta National announced that they would be setting a record for their total purse at $22.5 million, the largest prize money pool in Masters history, and one of the biggest purses in golf. The winner's payout also follows suit, but we see it throughout the rest of the Masters payouts too, as the field is one of the smallest in golf as well.

How much money does the Masters winner get? Prize money share and total purse

As the Masters winner, Rory McIlroy will receive a ridiculous $4.6 million along with the green jacket for their victory this year. This is by far the biggest prize that Augusta has ever handed out to a champion, which goes hand-in-hand with the $22.5 million total purse this week being the largest total sum of prize money that's ever been doled out in this tournament.

More importantly, the $4.6 million payout for the winner of the Masters makes it the largest winner's prize money, more than even The Players Championship, any of the other three majors, or even those given out on LIV Golf.

The Masters payout distribution by finishing position in 2026

Cameron Young at the Masters
Cameron Young at the Masters | Michael Madrid-Imagn Images

Finishing Position

Masters Prize Money

Winner: Rory McIlroy

$4.5 million

2. Scottie Scheffler

$1.08 million

T3. Tyrrell Hatton

$1.08 million

T3. Russell Henley

$1.08 million

T3. Justin Rose

$1.08 million

T3. Cameron Young

$1.08 million

T7. Collin Morikawa

$725,625

T7. Sam Burns

$725,625

T9. Max Homa

$630,000

T9. Xander Schauffele

$630,000

11. Jake Knapp

$562,500

T12. Jordan Spieth

$427,500

T12. Hideki Matsuyama

$427,500

T12. Brooks Koepka

$427,500

T12. Patrick Reed

$427,500

T12. Patrick Cantlay

$427,500

T12. Jason Day

$427,500

T18. Viktor Hovland

$315,000

T18. Maverick McNealy

$315,000

T18. Matt Fitzpatrick

$315,000

T21. Keegan Braldey

$252,000

T21. Ludvig Ã…berg

$252,000

T21. Wyndham Clark

$252,000

T24. Matt McCarty

$178,071

T24. Adam Scott

$178,071

T24. Sam Stevens

$178,071

T24. Chris Gotterup

$178,071

T24. Michael Brennan

$178,071

T24. Brian Campbell

$178,071

T24. Shane Lowry

$178,071

T31. Alex Noren

$142,875

T31. Harris English

$142,875

T33. Gary Woodland

$121,500

T33. Dustin Johnson

$121,500

T33. Brian Harman

$121,500

T33. Tommy Fleetwood

$121,500

T33. Ben Griffin

$121,500

T38. Jon Rahm

$101,250

T38. Ryan Gerard

$101,250

T38. Haotong Li

$101,250

T41. Justin Thomas

$83,250

T41. Sepp Straka

$83,250

T41. Jacob Bridgeman

$83,250

T41. Kristoffer Reitan

$83,250

T41. Nick Taylor

$83,250

46. Sungjae Im

$69,750

47. Si Woo Kim

$65,250

48. Aaron Rai

$61,650

T49. Corey Conners

$57,600

T49. Marco Penge

$57,600

51. Kurt Kitayama

$55,350

52. Sergio Garcia

$54,000

53. Rasmus Hojgaard

$52,650

54. Charl Schwartzel

$51,300

As mentioned, the limited field at the Masters Tournament means that the payouts are massive. The top 39 players in the field all clear $100,000 for the week, while the top four all take home more than $1 million. That's only furthered by the fact that we also saw the purse increase this year, meaning there's even more money to go around.

One thing to note, though, is that Augusta National and the Masters only announce the official payout for the Top 50 in the field, which plays into their cut rules — the Top 50 and ties will make it to play the weekend. What they officially announce is that players finishing outside of the Top 50 will receive $55,350 and decreasing amounts that are determined by a player's score for their finish. Now, we get to see what that looks like for No. 51-54 on the leaderboard.

But perhaps the coolest thing that the Masters does when it comes to payouts is reward players who simply qualified for the tournament.

How much money do players who missed the cut at The Masters make?

The Masters payout prize money purse
Bryson DeChambeau at the Masters | Grace Smith-Imagn Images

That's right — even the players who miss the cut at Augusta get some prize money just for making the highly exclusive major championship field. Players who miss the cut at the Masters still go home with $25,000 as a payout, which is more than we see for some players who finish at the bottom of the leaderboard, even after making the cut, in a standard PGA Tour event. That's a nice gesture from Augusta and Co.

And for what it's worth, there were plenty of notable players to miss the cut this week that will be getting the $25K payday. Bryson DeChambeau is certainly the biggest name, but there were others like Robert MacIntyre, Akshay Bhatia, Cameron Smith and many others who also failed to make it to the weekend at the Masters.

The Masters purse history: Winners and their prize money

The Masters has seen an influx of prize money in recent years, and we can see that even when we look at just the last five years and compare it to the $4.5 million winner's share and $22.5 million total purse for 2026.

Year

Winner

Winner's Prize Money

Total Purse

2025 Masters

Rory McIlroy

$4.2 million

$21 million

2024 Masters

Scottie Scheffler

$3.6 million

$20 million

2023 Masters

Jon Rahm

$3.24 million

$18 million

2022 Masters

Scottie Scheffler

$2.7 million

$15 million

2021 Masters

Hideki Matsuyama

$2.07 million

$11.5 million

Quite literally five years ago, the total purse was almost half of the size that is in the 2026 Masters, and the winner's prize money has more than doubled. Even for a tournament of this magnitude and with the rapid influx of money in the golf world, that's absurd — but also a rewarding payday for winning maybe the most famous tournament in the world.

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