QUOTE (jjj912 @ Jun 3 2009, 03:03 PM)

Amateurs can accept up to and including $750 without losing their amateur status. If the prize money is more than that, you must waive your right to the prize money prior to participating.
The rules governing amateur status are in the back of the rule book, just before the appendix.
Amateurs cannot accept CASH, PERIOD. The $750 limit is prize value:
3-1. Playing for Prize Money
An amateur golfer must not play golf for prize money or its equivalent in a match, competition or exhibition.
Note: An amateur golfer may participate in an event where prize money or its equivalent is offered, provided that prior to participation he waives his right to accept prize money in that event.
(Conduct contrary to the purpose and spirit of the Rules — see Rule 7-2.)
(Policy on Gambling — see Appendix.)
3-2. Prize Limits
a. General
An amateur golfer must not accept a prize (other than a symbolic prize) or prize voucher of retail value in excess of $750 or the equivalent, or such a lesser figure as may be decided by the USGA. This limit applies to the total prizes or prize vouchers received by an amateur golfer in any one competition or series of competitions.
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They have waived this rule for hole-in-one big pot prizes (car, million bucks, etc).
However, one
has violated the amateur rules for accepting prize money for things such as long drive, closest to the pin.
I wonder how many here are actually PROS!!?!!?