Update: Danny Willett took home the green jacket after Jordan Spieth collapsed. Here is the full Masters payout.
Masters payout 2016: Winning share is $1.8 million of total purse
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The ultimate prize on Sunday at Augusta National is the green jacket that comes with winning the Masters, but whoever walks away with the victory will also take home a lucrative payday of $1.8 million.
The total purse for the Masters is $10 million, matching the prize pool last year when Jordan Spieth won and received $1.8 million for his efforts. This year marked the first time in three years that the Masters payout did not change. It grew from $8 million to $9 million in 2014 and was increased by $1 million again last year. Even though the payout did not increase, it remains among the most lucrative in golf, barring changes from the other three majors and the Players Championship.
The payouts at major championships had been on a steady rise the last few years following the PGA’s decision to increase the PGA Championship and Players Championship payouts to $10 million in 2013. As the other majors increased their purses to keep up, the players benefited. When Spieth won last year, he made $200,000 more than Bubba Watson made in 2014 and $360,000 more than Adam Scott made in 2013.
For most of the field, the $1.8 million first-place prize would represent the biggest payout of their career. That isn’t the case for Spieth, who won two majors last year and the FedExCup playoffs, which brought his yearly earnings to $22 million. For others, the winning share is much more significant. Smylie Kaufman opened the day in second place. Since turning pro in 2014, he’s made a little more then $2.2 million in on-course earnings. He could nearly double that number on Sunday.
At 58 years old, Bernhard Langer is the surprise contender this year. He has a pair of green jackets on his resume, winning his second in 1993. He won $306,000 for his effort that year. The entire prize pool of $1.7 million was $100,000 less than the winner’s share this year. When Langer won his first Masters in 1985, the winner’s share of the $700,000 payout was $126,000. That’s roughly what the player who finishes in 20th place this year will earn.
Ties will ultimately factor heavily into the final payout, but here is a look at how much the top 50 finishes will earn on Sunday.
| 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 |
Watch Ernie Els’ putting disaster from six feet out
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