- The Masters is April 6-9, 2023.
- In 2022, it had a purse of $15 million, with a winner's share of $2.7 million.
- Details for 2023 will be released the week of the tournament.
The Masters, which will be April 6-9, 2023, is the best week of the year in golf.
It is the first major and held at Augusta National in Augusta, Georgia.
It will be the first major that is considered a designated event, with the new scheduling changes that went into effect for the 2022-23 PGA Tour season.
Scottie Scheffler is the defending champion, and he is tied for the best golf odds to win with Jon Rahm at +800.
Unlike most PGA Tour events, only the top 50 players and ties after the first two rounds make the cut and get to play the weekend.
The purse and prize money for all golfers will be released the week of the tournament. The table below reflects 2022 values.
In 2022, the purse was $15 million, but that is expected to climb this year.
How Much Does the Winner of the Masters Make?
In 2022, the winner’s share for winning the Masters was $2.7 million. That number is expected to be higher in 2023.
Masters: Winner’s Payout, Prize Money Earnings
| Position | Payout |
| 1 | $2,700,000 |
| 2 | $1,620,000 |
| 3 | $1,020,000 |
| 4 | $720,000 |
| 5 | $600,000 |
| 6 | $540,000 |
| 7 | $502,500 |
| 8 | $465,000 |
| 9 | $435,000 |
| 10 | $405,000 |
| 11 | $375,000 |
| 12 | $345,000 |
| 13 | $315,000 |
| 14 | $285,000 |
| 15 | $270,000 |
| 16 | $255,000 |
| 17 | $240,000 |
| 18 | $225,000 |
| 19 | $210,000 |
| 20 | $195,000 |
| 21 | $180,000 |
| 22 | $168,000 |
| 23 | $156,000 |
| 24 | $144,000 |
| 25 | $132,000 |
| 26 | $120,000 |
| 27 | $115,500 |
| 28 | $111,000 |
| 29 | $106,500 |
| 30 | $102,000 |
| 31 | $97,500 |
| 32 | $93,000 |
| 33 | $88,500 |
| 34 | $84,750 |
| 35 | $81,000 |
| 36 | $77,250 |
| 37 | $73,500 |
| 38 | $70,500 |
| 39 | $67,500 |
| 40 | $64,500 |
| 41 | $61,500 |
| 42 | $58,500 |
| 43 | $55,500 |
| 44 | $52,500 |
| 45 | $49,500 |
| 46 | $46,500 |
| 47 | $43,500 |
| 48 | $41,100 |
| 49 | $39,000 |
| 50 | $37,800 |
| 50 | $36,900 |
Masters Betting Odds
BetMGM is the premier destination for Masters betting odds throughout the year.
As the best golfers in the world compete for the green jacket at Augusta National, the online sportsbook has updated odds to win The Masters, including tournament winners odds, player props, and live betting. Betting on The Masters is the best way to add more excitement to the most prestigious tournament in the world.
