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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 Managing Editor at GolfWRX. He can be contacted at [email protected].

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

‘It was devastating’ – Keegan Bradley reveals the call he got that made him believe he was on Ryder Cup team

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This week, Keegan Bradley was a guest on the Foreplay Podcast. The 37-year-old was one of the players who seemingly narrowly missed a spot on the Ryder Cup team, and shared a heart wrenching story of how it all went down.

Apparently, Zach Johnson texted all of the players in consideration for a Captain’s pick that they’d be getting a call the following day about whether or not they’ve made the team.

When the next day arrived, Keegan got a call from Netflix, who said “Keegan, we got a camera crew five minutes from your house.”

At that moment, Bradley let himself believe that meant he was going to be heading to Rome for the Ryder Cup.

“Why would they be sending a camera crew if I’m not to get picked? For the first time, I let my brain think I did it.”

He then said he knew immediately by the tone of Zach’s voice that he wasn’t going to be picked.

“It was devastating.”

You can catch the full episode here.

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19th Hole

Brooks Koepka explains why he understood the case for and against picking Dustin Johnson for the Ryder Cup

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Brooks Koepka is the lone LIV golfer in next week’s Ryder Cup. This will be the 33-year-old’s fourth Ryder Cup, and second in Europe. In his three prior Ryder Cups, Koepka is 6-5-1 overall, including 2-0-1 in singles matches.

Koepka was extremely close to being an automatic qualifier but slipped out of the final spot during the FedEx Cup playoffs.

The five-time major champion spoke about his Ryder Cup preparation prior to this week’s LIV Chicago event, in which he will be taking a flight to Rome directly after.

“My whole mindset has been to practice for (the Ryder Cup) the last few weeks. I mean, look, I think it’s one of the top six, seven biggest sporting events you can have. It’s a little bit more eyeballs, a little bit more pressure.”

When asked if he “plays for legacy” now after all he’s accomplished, Koepka said “I think everybody remembers their record”.

“I think everybody remembers their record, or that’s kind of what you’re known by, wins, losses. Poulter has pretty much made a career on that. Yeah, I think you can.”

While speaking with Sports Illustrated this week, Brooks was asked about the fact that Dustin Johnson, who went 5-0 at Whistling Straits in 2021, was not chosen as a captains pick this time around.

“I get the case for DJ. He played great the last time, played great last year. Hasn’t really played that great this year … or hasn’t played to DJ’s standard. That’s a better way to put that. And he didn’t play well in the majors. So I can see why he didn’t get a pick. But if they had picked him, it’s DJ and I could see that one as well.”

Although there will be no other LIV players in Rome, Koepka said he’s not worried about who he plays with and can “play with anybody”.

“I can play with anybody, and I will play with anybody.”

It will be interesting to see who Koepka is paired with next week at Marco Simone.

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19th Hole

Free agent Matt Fitzpatrick explains why he can’t play golf clubs made by these two manufacturers

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The 2022 U.S. Open Champion, Matt Fitzpatrick, is currently an equipment free agent. He recently sat down with GolfMagic to discuss why he isn’t tied down with a manufacturer and what his outlook is going forward.

“I struggle with TaylorMade and Callaway clubs because of the way their woods and hybrids are designed. The soles aren’t very good for me so my interaction with the turf is terrible with those. Until that changes, I’d never be able to get on with them. PING and Titleist have always been a little bit better for me.”

With TaylorMade and Callaway off the table, Fitzpatrick is currently using Titleist TSi3 and is also experimenting with a Titleist TSR3.

According to the photos captured by GolfMagic, Fitz is still using his Bettinardi BB1 Fitz, but also has a different Bettinardi prototype he’s experimenting with in Rome.

With tight fairways at Marco Simone, the Englishman will be hoping that whichever driver he chooses keeps him in the fairway at next week’s Ryder Cup.

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