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A history of the prize money at the Masters

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While we often cite the green jacket when we think of Augusta National and the Masters tournament, the prize money is certainly not to be sniffed at either.

In fact, over the past few years, the prize money has been growing and growing, and there is now only one major championship, which holds the accolade of possessing a larger prize purse than the year’s opening major.

How much does the winner of the Masters receive?

Dustin Johnson, Tiger Woods 2020 Masters

Dustin Johnson took home $2.07 million when he won the 2020 Masters

In 2020, Dustin Johnson’s victory at Augusta earned the 36-year-old a payday of $2,070,000. It was the second successive year where the winner received a winner’s check worth $2,070,000, after the total prize money at the event saw a $500,000 increase from 2018 to 2019 and 2020, meaning the total prize money available at the event in 2019 and 2020 was $11.5 million.

As of right now, it is unknown whether the prize money for the 2021 Masters will remain at $11.5 million or increase.

How does the prize money at the Masters compare to other majors?

Augusta National

The Masters currently has the second-highest payout of all the majors

The Masters may hold the accolade of being the most prestigious major these days, but it does trail the U.S. Open in prize money. 

The U.S. Open currently has a prize purse of $12.5 million, compared to the Masters’ pool of $11.5 million. In 2020, Bryson DeChambeau took home a winner’s check for $2.25 million after his victory at Winged Foot.

Total Prize Money: 2020 Majors

  • U.S. Open: $12.5 million
  • The Masters: $11.5 million
  • PGA Championship: $11 million
  • The Open (2019): $10.75

Winner’s Check: 2020 Majors

  • U.S. Open: $2.25 million
  • The Masters: $2.07 million
  • PGA Championship: $1.98 million
  • The Open (2019): $1.935

Masters winner payouts through the years

The winner’s check at the Masters has increased approx. 50 percent since 2013

The prize money at the Masters has increased dramatically over the years and even steadily in recent years. Compared to 2013, the total prize purse and the winner’s prize money have seen an increase of around 50 percent.

Check out the winner’s prize money from every Masters tournament below.

  • 1934: $1,500
  • 1935: $1,500
  • 1936: $1,500
  • 1937: $1,500
  • 1938: $1,500
  • 1939: $1,500
  • 1940: $1,500
  • 1941: $1,500
  • 1942: $1,500
  • 1943: No Masters (WWII)
  • 1944: No Masters (WWII)
  • 1945: No Masters (WWII)
  • 1946: $2,500
  • 1947: $2,500
  • 1948: $2,500
  • 1949: $2,750
  • 1950: $2,400
  • 1951: $3,000
  • 1952: $4,000
  • 1953: $4,000
  • 1954: $5,000
  • 1955: $5,000
  • 1956: $6,000
  • 1957: $8,750
  • 1958: $11,250
  • 1959: $15,000
  • 1960: $17,500
  • 1961: $20,000
  • 1962: $20,000
  • 1963: $20,000
  • 1964: $20,000
  • 1965: $20,000
  • 1966: $20,000
  • 1967: $20,000
  • 1968: $20,000
  • 1969: $20,000
  • 1970: $25,000
  • 1971: $25,000
  • 1972: $25,000
  • 1973: $30,000
  • 1974: $35,000
  • 1975: $40,000
  • 1976: $40,000
  • 1977: $40,000
  • 1978: $45,000
  • 1979: $50,000
  • 1980: $55,000
  • 1981: $60,000
  • 1982: $64,000
  • 1983: $90,000
  • 1984: $108,000
  • 1985: $126,000
  • 1986: $144,000
  • 1987: $162,000
  • 1988: $183,800
  • 1989: $200,000
  • 1990: $225,000
  • 1991: $243,000
  • 1992: $270,000
  • 1993: $306,000
  • 1994: $360,000
  • 1995: $396,000
  • 1996: $450,000
  • 1997: $486,000
  • 1998: $576,000
  • 1999: $720,000
  • 2000: $828,000
  • 2001: $1,008,000
  • 2002: $1,008,000
  • 2003: $1,080,000
  • 2004: $1,117,000
  • 2005: $1,260,000
  • 2006: $1,260,000
  • 2007: $1,305,000
  • 2008: $1,350,000
  • 2009: $1,350,000
  • 2010: $1,350,000
  • 2011: $1,440,000
  • 2012: $1,440,000
  • 2013: $1,440,000
  • 2014: $1,620,000
  • 2015: $1,800,000
  • 2016: $1,800,000
  • 2017: $1,980,000
  • 2018: $1,980,000
  • 2019: $2,070,000
  • 2020: $2,070,000

The top 10 earners in the history of the Masters

Tiger Woods has won the most money in the history of the Masters tournament

Tiger Woods, unsurprisingly, has won the most money in Masters tournament history, with his old foe turned friend Phil Mickelson sitting behind him in second place.

Dustin Johnson’s victory at the 2020 Masters sprung him up to fourth place in the top earner’s list at Augusta National, while Justin Rose and Lee Westwood are the two men who crack the top-10 list without ever having donned the green jacket.

  • 1. Tiger Woods: $9,556,069
  • 2. Phil Mickelson: $8,067,517
  • 3. Jordan Spieth: $4,594,828
  • 4. Dustin Johnson: $4,246,475
  • 5. Bubba Watson: $3,968,305
  • 6. Justin Rose: $3,738,015
  • 7. Adam Scott: $3,710,527
  • 8. Angel Cabrera: $3,527,257
  • 9. Lee Westwood: $3,450,930
  • 10. Sergio Garcia: $3,278,530

 

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Gianni is the Assistant Editor at GolfWRX. He can be contacted at [email protected] Follow him on Twitter @giannimosquito

1 Comment

1 Comment

  1. Paulo

    Jan 11, 2021 at 1:34 am

    Can you adjust the historical winnings for inflation ? Would give a more meaningful comparison

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19th Hole

Bryson DeChambeau reveals his distance goals for 2022

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Three weeks ago, a high-profile Cobra testing session involving both world number 8 Bryson DeChambeau and two-time World Long Drive champion Kyle Berkshire took place.

Whilst Berkshire clocked a record ball speed of 233.4, the ten-time winner wasn’t exactly disappointed with his own personal best of 221mph, and he believes this is coming to the PGA tour.

Promoting the upcoming Saudi International, the 2020 U.S Open winner commented,

“This year I’ll hit it even further. Once I get into some lower lofted heads that I’ll be getting this week or next week, you’ll be seeing some much longer drives.”

Clear leader in the driving distance stats on tour, many pundits question the pursuit of length to the possible detriment of the rest of his game, but Bryson isn’t to be tamed. He added:

“We’re getting close to having something that we can get working at 200mph ball speed that will work on tour. I’m super excited and happy with Cobra. We came to a bit of a sticking point last year but we’ve worked together and burst through that wall.”

Only 25th at the season opener, the Tournament of Champions, he withdrew from this week’s Sony Open with an injury to his left wrist, which had been ‘bothering me for about three or four weeks now.’

Bryson continued, ”All the speed training has definitely taken a toll on my muscular structure. Now, it’s got to a point where I’m putting so much speed and force into my wrist.”

With some driver-friendly events coming up, Bryson is going to see plenty more interest in his long game to begin 2022.

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19th Hole

‘Too invasive for me’ – Bryson snubs Netflix docuseries

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As reported yesterday, Netflix is currently filming a docuseries profiling some of the biggest names on the PGA TOUR.

However, Bryson DeChambeau will not be one of those big names.

In a virtual news conference on Thursday to promote the Saudi International, Bryson explained why he didn’t want to be a part of the series:

“There’s a lot of factors going on in that. One, there wasn’t a deal that was struck that was very well for my side of it. I love Netflix. I watch it. I have a great time with it. But just for me, it wasn’t right at the present moment.”

DeChambeau has been busy with his own content, releasing videos showing his insane ball and clubhead speeds and is approaching 900,000 followers on Instagram, and added to reporters on Thursday:

“They’re getting a pretty dang good look inside my life [from YouTube]. And to have more people come in and go even further, which is almost impossible for what I’m giving out, is just too invasive for me.

There’s a lot of great people on there. If I was to go on there, yeah, it would be cool to see, but I feel like there’s a lot more interesting stories. You’ve got Harry Higgs. You’ve got numerous others.” 

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19th Hole

Tour pro withdraws from Australian PGA after slicing hand mid-round

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After being postponed twice because of Covid, you would think the dominant story at the Australian PGA might be the first-round lead, held by world number 1387 Louis Dobbelaar.

However, in a bizarre incident Damien Jordan grabbed the headlines with a withdrawal, according to Australian Associated Press, due to ”slicing his hand trying to move a stake on the course.”

Full details are not clear as yet but Golf Australia’s editor, Jimmy Emanuel, first reported on the accident on Twitter, posting that Jordan “went to move a stake on course and sliced his hand the entire width from top to bottom. Quite heavy bleeding so off to see a doctor.”

At the event itself, Dobbelaar leads at 7-under and by one from Aaron Pike and Jediah Morgan with short-priced pre-event favourite, Min Woo Lee, just four behind.

Over at the accompanying WPGA event, Su Oh has a clear lead after the first round, being three shots clear at 5-under the card.

They all may ask their caddies to move boundary markers for the rest of the event.

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