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The 2026 Masters winner will earn a record-breaking prize, following Rory McIlroy's $4.2 million win in 2025. The tournament distributes prize money among top players each year.
Rory McIlroy is awarded his Green Jacket at the Masters in April 2025
Credit: Harry How/Getty
The 2026 Masters introduced a new round of golfers and potential champions.
The annual tournament, which began on April 9, features the return of the most successful professional golfers competing at Augusta National Club in Augusta, Ga. At the end of the four days, one high-performing person takes home the multi-million dollar purse.
Each year, the Masters doles out millions of dollars in a grand prize that is divided among the players with the best scores. The winner, of course, gets the majority of the prize. In 2025, champion Rory McIlroy walked away with a record-breaking $4.2 million from the $21 million total purse.
Meanwhile, 2024 champion Scottie Scheffler took home $3.6 million in addition to the title, the famous green jacket and more.
So, how much do the winners and other players take home from the historic event this year? Here's everything to know about the 2026 Masters purse.
Scottie Scheffler poses with the Masters trophy after winning the 2024 Masters Tournament on April 14, 2024 in Augusta, Georgia.
Credit: Warren Little/Getty
The 2026 Masters winner will make $4.5 million from a $22.5 million purse.
Scottie Scheffler on the 18th hole during the final round of the 2024 Masters Tournament on April 14, 2024, in Augusta, Ga.
Credit: David Cannon/Getty
The 2025 Masters purse was $21 million and the champion — McIlroy — took home $4.2 million, per the PGA Tour.
According to Statista, the Masters purse has grown significantly every year since 2021, as have the winner's earnings.
Ludvig Aberg on the 17th hole during the final round of the 2024 Masters Tournament on April 14, 2024, in Augusta, Ga.
Credit: David Cannon/Getty
In 2025, second place winner, Justin Rose, earned $2.268 million, while third place Patrick Reed took home $1.428 million, per the PGA Tour.
This year, runner-ups will walk away with slightly more. The second place winner of the 2026 Masters will earn $2.43 million, while third place will take home $1.53 million.
Scottie Scheffler of the United States plays his shot on the 18th hole during the final round of the 2024 Masters Tournament.
Credit: Andrew Redington/Getty
The prize money at the Masters Tournament has seen significant growth since its inaugural year in 1934. The prize pool has nearly quadrupled in the last two decades, with the biggest jump being the $3.5 million increase from 2021 to 2022, per Statista.
In 2024, Scheffler took home $3.6 million. Looking further back, the Masters champion received $3.24 million in 2023 and $2.7 million in 2022. The winner's prize has jumped significantly within the last decade, as the Masters winner in 2016 won $1.8 million.
Rory McIlroy on the 15th green during the second round of Masters Tournament at Augusta National Golf Club on April 12, 2024, in Augusta, Ga.
Credit: Ben Jared/PGA TOUR via Getty
Though players have the most money on the line at the Masters, they aren't the only ones leaving with a paycheck.
Caddies are paid a weekly wage between $2,000 to $4,000, which varies based on experience, plus a percentage of the player's tournament earnings, the Association of Professional Caddies and the Caddies Network told CBS News.
The caddie of the Masters winner earns 10% of the player's paycheck, meaning they could also walk away with six figures for four days of work. Meanwhile, the caddie of the runner-up gets 7% of their paycheck, while the rest of the caddies make 5%.
However, if a caddie's player doesn't make the cut, they will only be paid the weekly wages, Caddies Network CEO John von Stade told CBS.
"Caddies are treated really great at Augusta," Ken Martin, who caddied for Scottish golfer Sandy Lyle in 2024, told the outlet. "We had our own locker room. They feed us just wonderful food — the best food I've ever had really."
Rory McIlroy plays his shot from the 18th tee during the second round of The Players Championship on March 14, 2025, in Ponte Vedra Beach, Fla.
Credit: Richard Heathcote/Getty
Though the Masters has a high payout, it's not the largest among golf tournaments. According to CBS Sports, the Players Championship holds the record for the biggest purse, with $25 million doled out in March 2026.
The other major golf tournaments — the PGA Championship, the Open Championship and the U.S. Open — offer substantial prize money, too. The 2025 PGA Championship saw a $19 million purse, while the 2025 U.S. Open and the Open Championship had a prize fund of $21.5 million and $17 million, respectively.
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The 2026 Masters winner will receive a record-breaking amount, although the exact figure has not been disclosed yet.
Rory McIlroy won $4.2 million at the 2025 Masters.
The Masters tournament divides its prize money among the top players based on their finishing positions.
The 2026 Masters will feature a new round of golfers, but specific potential champions have not been identified yet.

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