2024 Masters Tournament Sets Record with $20 Million Purse

The winner of the 2024 Masters will receive a historic $3.6 million, marking the highest payout in the tournament's history.

The total purse for the 2024 Masters has increased to $20 million, up $2 million from last year and $8.5 million from 2021.
Jon Rahm, the 2023 winner, set the previous record with a $3.24 million payout.
The significant increase in the purse reflects ongoing efforts to compete with rival golf leagues and attract top talent.
Top five finishers will see substantial payouts, with second place earning $2.16 million and fifth place getting $800,000.
The purse increase is supported by a $3 billion investment from Strategic Sports Group, involving major sports team owners.