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The 2026 Masters Tournament has increased its total purse to $22.5 million, with the winner receiving $4.5 million. The runner-up will earn $2.43 million, and third place will take home $1.53 million.
The 2026 Masters Tournament wraps up on Sunday, April 12, after a wild week at Augusta National Golf Club in Georgia. The iconic tournament is the most lucrative of the four major championships.
This year, the Masters increased its total purse from $21 million to $22.5 million, trailing only the PGA Tour’s Players Championship’s $25 million purse.
The winner of the 2026 Masters will take home a whopping $4.5 million. The runner-up takes home $2.43 million, while third place receives $1.53 million.
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Everyone who finishes inside the Top 40 receives at least $100,000 for their efforts.
Golfers who make the cut but finish outside of the top 50 will receive cash prizes ranging from $55,350.
If you miss the cut, you still receive a cool $25,000 for your efforts. That’s not too shabby for two rounds of golf on the most iconic golf course in the sport.
Entering the final round of the tournament, defending champion Rory McIlroy and Cameron Smith sit tied atop the leaderboard at 11-under, after Smith shot an incredible 7-under in Round 3 and McIlroy blew a six-stroke lead with a +1 on Saturday afternoon.
A full look at the payouts and prize money for the 2026 tournament can be seen below.
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You can catch Sunday’s fourth-round action on television beginning at 2:00 p.m. ET on CBS, while streaming coverage will begin at 12:00 p.m. ET on Paramount+ and Masters.com.
Early morning streaming will begin on Amazon Prime Video, Paramount+, and the ESPN App beginning at 10:15 a.m. ET.
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The total prize money for the 2026 Masters Tournament is $22.5 million.
The winner of the 2026 Masters Tournament will receive $4.5 million.
Players finishing in the Top 40 at the 2026 Masters will receive at least $100,000.

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