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2015 Masters: Payout and purse set at $10 million in Sunday’s final round

Not to be outdone, the green jackets of Augusta National bump their purse to eight figures and match the richest in golf.

Jamie Squire/Getty Images
Update: Jordan Spieth tied the Masters record at 18-under and took home the $1.8 million first-place prize. Here is a complete payout.

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The Masters purse is always a bit of a mystery until the final scores become official, but the Augusta Chronicle reports Sunday that the 2015 purse was set at $10 million. That matches the two richest purses in golf doled out at The Players Championship and PGA Championship last year.

The move to $10 million is another dramatic $1 million bump from the previous year. It has jumped from $8 million in 2013 to the eight-figure mark today, an arms race largely incited by the PGA Tour’s and PGA of America’s big joint announcement last year to increase their purses to $10 million. That Ted Bishop and Tim Finchem press conference spurred action from the other three majors, who all started to push their purses towards that $10 million figure. Here are the richest purses in the game from 2014:

  • Players Championship/PGA Championship -- winner took $1.8M of $10M purse
  • British Open -- winner took $1,665,788 of $9.19 million purse
  • Masters/U.S. Open -- winner took $1.62M of $9M purse
  • 3 WGC events -- winner took $1.53M of $9M purse

Now the Masters joins the two up top, who may make another increase to stay out in front later this summer. The Players has always fought for legitimacy and tried to elbow their way into the group branded as the game’s “fifth major.” Part of that sell is always having the richest purse in golf. We’ll see if Finchem has bumped that payout in a month at TPC Sawgrass.

Should Jordan Spieth hold on to his four-shot lead, this would obviously be the biggest payday of his career. He held the lead at The Players last year on Sunday and nearly took home the first prize in that $10 million purse, but stumbled down the stretch and had to settle for a fourth-place finish and $440,000. At just 21 years old, Spieth already has two wins, one $1 million-plus payday, and $12,430,915 in career earnings. The enormous payout Sunday would obviously be secondary to the career-defining win and green jacket, but it will help given that he just bought a $2.2 million house in Dallas.

The increase to $10 million, and the relatively small group that makes the cut at the Masters, also means that the second-place finisher will earn more than $1 million. Here are the full payout totals for the 2015 field (per Augusta Chronicle):

Place Payout Amount
1st 1,800,000
2nd 1,080,000
3rd 680,000
4th 480,000
5th 400,000
6th 360,000
7th 335,000
8th 310,000
9th 290,000
10th 270,000
11th 250,000
12th 230,000
13th 210,000
14th 190,000
15th 180,000
16th 170,000
17th 160,000
18th 150,000
19th 140,000
20th 130,000
21st 120,000
22nd 112,000
23rd 104,000
24th 96,000
25th 88,000
26th 80,000
27th 77,000
28th 74,000
29th 71,000
30th 68,000
31st 65,000
32nd 62,000
33rd 59,000
34th 56,500
35th 54,000
36th 51,500
37th 49,000
38th 47,000
39th 45,000
40th 43,000
41st 41,000
42nd 39,000
43rd 37,000
44th 35,000
45th 33,000
46th 31,000
47th 29,000
48th 27,400
49th 26,000
50th 25,200
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