Augusta National Golf Club announced that the 2024 Masters would have a total purse of $20 million, marking a new tournament high by $2 million and the largest payout awarded to players at one of the nation’s most pristine venues.
Scottie Scheffler was the greatest beneficiary of that increased purse, capturing the $3.6 million winner’s share by capturing his second Masters championship in three years. Finishing 11 under with a 4-under 68 capping a tremendous tournament, Scheffler became the fourth-youngest golfer to win two green jackets and the 10th to win two in a three-year span. The $3.6 million prize is $360,000 more than 2023 champion Jon Rahm earned a year ago.
Runner-up Ludvig Åberg achieved quite a payday in his first career major championship. Pressing Scheffler down the stretch, the young Swede scored $2.16 million for second place, a larger sum than either Danny Willett (2016) or Jordan Spieth (2015) earned for winning the green jacket.
Scheffler and Åberg were not the only players set to receive significant green by week’s end. In fact, the top three were set to receive seven-figure paydays, except Collin Morikawa struggled down the stretch and entered into a three-way tie with Max Homa and Tommy Fleetwood. Morikawa lost $320,000 by bogeying the last, though he increased the take-home of Homa and Fleetwood with the trio each taking home $1.04 million. This marked the first time that the Masters had five players bring home $1 million or more.
Those among the top 11 were set to see at least $500,000 deposited into their bank accounts, and the handsome payouts trickled down the leaderboard with every golfer inside the top 36 leaving Augusta National with six figures.