- 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
Position | Player | Earnings | Payout |
1 | Jon Rahm | -12 | $3,240,000 |
T2 | Brooks Koepka | -8 | $1,584,000 |
T2 | Phil Mickelson | -8 | $1,584,000 |
T4 | Jordan Spieth | -7 | $744,000 |
T4 | Patrick Reed | -7 | $744,000 |
T4 | Russell Henley | -7 | $744,000 |
T7 | Viktor Hovland | -6 | $603,000 |
T7 | Cameron Young | -6 | $603,000 |
9 | Sahith Theegala | -5 | $522,000 |
T10 | Scottie Scheffler | -4 | $432,000 |
T10 | Matt Fitzpatrick | -4 | $432,000 |
T10 | Xander Schauffele | -4 | $432,000 |
T10 | Collin Morikawa | -4 | $432,000 |
T14 | Gary Woodland | -3 | $333,000 |
T14 | Patrick Cantlay | -3 | $333,000 |
T16 | Tom Kim | -2 | $324,000 |
T16 | Sungjae Im | -2 | $324,000 |
T16 | Joaquin Niemann | -2 | $324,000 |
T16 | Justin Rose | -2 | $324,000 |
T16 | Shane Lowry | -2 | $324,000 |
T16 | Sam Bennett (a) | -2 | $0 |
T16 | Hideki Matsuyama | -2 | $324,000 |
T23 | Keegan Bradley | -1 | $172,800 |
T23 | Chris Kirk | -1 | $172,800 |
T23 | K.H. Lee | -1 | $172,800 |
T26 | Tony Finau | E | $138,600 |
T26 | Scott Stallings | E | $138,600 |
T26 | Ryan Fox | E | $138,600 |
T29 | Si Woo Kim | +1 | $119,700 |
T29 | Sam Burns | +1 | $119,700 |
T29 | Harold Varner III | +1 | $119,700 |
T29 | Mackenzie Hughes | +1 | $119,700 |
33 | Tommy Fleetwood | +3 | $106,200 |
T34 | Cameron Smith | +4 | $92,880 |
T34 | Zach Johnson | +4 | $92,880 |
T34 | Talor Gooch | +4 | $92,880 |
T34 | J.T Poston | +4 | $92,880 |
T34 | Tyrrell Hatton | +4 | $92,880 |
T39 | Taylor Moore | +5 | $75,600 |
T39 | Jason Day | +5 | $75,600 |
T39 | Abraham Ancer | +5 | $75,600 |
T39 | Adam Scott | +5 | $75,600 |
T43 | Max Homa | +6 | $63,000 |
T43 | Harris English | +6 | $63,000 |
T43 | Mito Pereira | +6 | $63,000 |
T46 | Sepp Straka | +7 | $54,000 |
T46 | Seamus Power | +7 | $54,000 |
T48 | Thomas Pieters | +8 | $48,060 |
T48 | Dustin Johnson | +8 | $48,060 |
T50 | Charl Schwartzel | +9 | $47,160 |
T50 | Fred Couples | +9 | $47,160 |
52 | Billy Horschel | +12 | $45,160 |
53 | Keith 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.