Masters 2024: Winner’s Payout & Prize Money Earnings

min read
Jon Rahm, of Spain, celebrates winning the Masters golf tournament at Augusta National Golf Club on Sunday, April 9, 2023, in Augusta, Ga.
(AP Photo/David J. Phillip)
Ryan Hannable @RyanHannable Mar 18, 2024, 10:36 AM
  • The Masters is April 11-14, 2024.
  • The winner's share was $3,240,000 in 2023.
  • Prize money will be released the week of the tournament.

The Masters is the best week of the year in golf, especially for PGA Tour betting.

In 2023, Jon Rahm came from behind to claim his first Masters title. He finished at 12-under, four shots better than Phil Mickelson and Brooks Koepka.

Rahm shot a final round 69, good for his second major victory.

The purse was $18 million, up from $15 million in 2022.

When it comes to 2024, the prize money will be announced the week of the tournament.

How Much Does the Winner of the Masters Make?

Jon Rahm’s winner’s share for the 2023 Masters was $3,240,000.

*Below are the payouts for 2023.

Masters: Winner’s Payout, Prize Money Earnings

PositionPlayerEarningsPayout
1Jon Rahm-12$3,240,000
T2Brooks Koepka-8$1,584,000
T2Phil Mickelson-8$1,584,000
T4Jordan Spieth-7$744,000
T4Patrick Reed-7$744,000
T4Russell Henley-7$744,000
T7Viktor Hovland-6$603,000
T7Cameron Young-6$603,000
9Sahith Theegala-5$522,000
T10Scottie Scheffler-4$432,000
T10Matt Fitzpatrick-4$432,000
T10Xander Schauffele-4$432,000
T10Collin Morikawa-4$432,000
T14Gary Woodland-3$333,000
T14Patrick Cantlay-3$333,000
T16Tom Kim-2$324,000
T16Sungjae Im-2$324,000
T16Joaquin Niemann-2$324,000
T16Justin Rose-2$324,000
T16Shane Lowry-2$324,000
T16Sam Bennett (a)-2$0
T16Hideki Matsuyama-2$324,000
T23Keegan Bradley-1$172,800
T23Chris Kirk-1$172,800
T23K.H. Lee-1$172,800
T26Tony FinauE$138,600
T26Scott StallingsE$138,600
T26Ryan FoxE$138,600
T29Si Woo Kim+1$119,700
T29Sam Burns+1$119,700
T29Harold Varner III+1$119,700
T29Mackenzie Hughes+1$119,700
33Tommy Fleetwood+3$106,200
T34Cameron Smith+4$92,880
T34Zach Johnson+4$92,880
T34Talor Gooch+4$92,880
T34J.T Poston+4$92,880
T34Tyrrell Hatton+4$92,880
T39Taylor Moore+5$75,600
T39Jason Day+5$75,600
T39Abraham Ancer+5$75,600
T39Adam Scott+5$75,600
T43Max Homa+6$63,000
T43Harris English+6$63,000
T43Mito Pereira+6$63,000
T46Sepp Straka+7$54,000
T46Seamus Power+7$54,000
T48Thomas Pieters+8$48,060
T48Dustin Johnson+8$48,060
T50Charl Schwartzel+9$47,160
T50Fred Couples+9$47,160
52Billy Horschel+12$45,160
53Keith Mitchell+14$45,060

Masters Odds at BetMGM

Masters odds are always available at the online sportsbook.

Whether you’re a first-time golf bettor browsing Masters odds in July or December, a casual fan building a multi-sport parlay the week before the tournament begins each April, or a longtime diehard breaking down live betting trends during the third round, there are betting opportunities for everyone.

Sign in to your account today — or, if you don’t have an account, sign up today with a sportsbook welcome offer — to start betting. And always check your new account for updated sportsbook promos and bonuses.

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About the Author

Ryan Hannable

Read More @RyanHannable

Ryan Hannable is a Content Managing Editor on the Web Content Team for BetMGM. Previously, he was a New England Patriots beat writer for WEEI in Boston. He also has published a golf book, “The Ultimate Book of Golf Trivia: 600 Questions and Answers.”

Ryan Hannable is a Content Managing Editor on the Web Content Team for BetMGM. Previously, he was a New England Patriots beat writer for WEEI in Boston. He also has published a golf book, “The Ultimate Book of Golf Trivia: 600 Questions and Answers.”