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The PGA Championship has raised its purse to a record $20.5 million, an increase of $1.5 million from last year. The winner will receive $3.69 million, surpassing last year's prize.
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The PGA Championship increased its purse to $20.5 million, tournament organizers announced Saturday morning ahead of the third round at Aronimink Golf Club just outside Philadelphia.
One of the four major championships in menâs golf, the PGA Championship is operated by the PGA of America (a separate organization from the PGA Tour), which also runs the Ryder Cupâs U.S. operations.
The $20.5 million purse is a record for the PGA Championship, up $1.5 million from the $19 million in prize money that was paid out last year at Quail Hollow Club in Charlotte. Sundayâs winner will receive $3.69 million, which is up from the $3.42 million Scottie Scheffler won in 2025.
Here is how the PGA Championshipâs purse has increased over the past five years:
This weekend, the top-three finishers will all make more than $1 million. The last-place finisher (82nd) will make $23,900. Players who missed the 36-hole cut receive $4,300.
Despite the increase, the PGA Championshipâs purse still ranks third out of the four majors.
The Masters in April increased its prize money to $22.5 million, the most ever for a major. The U.S. Open for the past two years paid out $21.5 million, and could match or surpass the Masters with another bump next month. The Open Championshipâs 2025 purse was $17 million.
PGA of America CEO Terry Clark on Wednesday said the organization is taking âa balanced approachâ toward prize money, which has skyrocketed in menâs golf since the launch of LIV Golf in 2022. Earlier this month, USGA CEO Mike Whan the U.S. Openâs prize money strategy is ânot a raceâ with the Masters or other majors.
The total purse for the 2023 PGA Championship is a record $20.5 million.
The winner of the 2023 PGA Championship will receive $3.69 million.
The 2023 PGA Championship purse increased by $1.5 million from last year's $19 million.
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LIV debuted with $25 million pursesâ$20 million for the individual competition and $5 million for the team event. In response, the PGA Tour in 2023 added its signature event series that pays out $20 million per event, and increased the purse of its flagship event, the Players Championship, to $25 million. LIV this year raised its total prize money per event to $33 million ($23 million for individuals, $10 million for teams).
The PGA Championshipâs purse does help it surpass the PGA Tourâs $20 million signature events for the first time.
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