The Masters Money List tracks the tournament purse and winner earnings for each edition of The Masters Tournament. It reflects how prize money has grown alongside the event's prestige.
Below you can scan a detailed summary, compare key years, and explore prize pool trends across recent decades.
| Year | Total Purse | Winner Share | Winner (Earnings) |
|---|---|---|---|
| 2024 | $21,500,000 | 18.0% | Scottie Scheffler ($3,870,000) |
| 2023 | $20,000,000 | 18.0% | Jon Rahm ($3,600,000) |
| 2022 | $18,000,000 | 18.0% | Scottie Scheffler ($3,240,000) |
| 2019 | $11,500,000 | 18.0% | Tiger Woods ($2,070,000) |
| 2014 | $8,000,000 | 18.0% | Adam Scott ($1,440,000) |
| 2004 | $6,500,000 | 18.0% | Phil Mickelson ($1,170,000) |
| 1999 | $2,500,000 | 18.0% | Jose Maria Olazabal ($450,000) |
| 1984 | $560,000 | 18.0% | Ben Crenshaw ($100,800) |
2024 Masters Money List Highlights
In 2024, the Masters purse reached a record $21.5 million, with the winner share fixed at 18%. This structure rewards the champion with over $3.8 million, underscoring how far the tournament's financial scale has come.
Historical Prize Money Milestones
Tracking the Masters Money List reveals exponential growth, from modest six-figure totals in the 1980s to seven-figure payouts for the winner today. Each jump often aligns with expanded broadcast rights and global sponsorship interest.
Key Trends Across Decades
Consistent winner share percentages have created predictable earning tiers, while total purse increases illustrate the tournament's commercial momentum. Field size adjustments and invitational expansions have also subtly shaped how money circulates through the field.
How Money Is Distributed
While the winner earns 18%, the remaining purse is spread across top finishers, with specific cutoffs for full and partial payouts. This structure encourages competitive play deep into the weekend.
Planning Your Tournament Strategy
- Study recent Masters Money List trends to set realistic financial targets.
- Understand the winner share percentage and how it affects potential earnings.
- Compare yearly purse growth to forecast future opportunities.
- Focus on consistent performance to secure a top-finish payout.
- Leverage sponsor exposure to maximize value beyond official prize money.
FAQ
Reader questions
How is the Masters purse determined each year?
The Masters purse is set by the tournament organizers and reflects accumulated revenue from tickets, sponsorships, and broadcasting rights, with adjustments made periodically to align with the event's stature.
Does the winner share percentage ever change at the Masters?
The winner has historically received 18% of the purse, and this percentage has remained stable even as the total purse grows.
How does the Masters Money List compare to other major championships?
Purse sizes vary across majors, but the Masters typically ranks among the top tier, with winner earnings consistently exceeding $3 million in recent years.
What happens to earnings for players who miss the cut?
Players who miss the cut generally do not receive any prize money from the Masters purse, though accommodations for weather delays or suspended rounds may affect positioning.