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GolfWRX.com A history of the prize money at the Masters

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A history of the prize money at the Masters (GolfWRX.com)

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

Augusta-National-Video.png

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

Screen-Shot-2021-01-08-at-12.08.49-1.png

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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