The masters purse climbed to a record $22.5 million for the 2026 tournament, and Rory McIlroy collected $4.5 million as the champion, as reported by Getty Images.
McIlroy secured back‑to‑back titles, joining Tiger Woods, Nick Faldo and Jack Nicklaus as only the fourth player to win consecutive Masters, according to the same report.
Organizers confirmed that each of the top four finishers earned more than $1 million and that the top 12 all received at least $517,500, the published payout table shows.
The official payout list distributed after the cut shows second place at $2,430,000 for Scottie Scheffler and third at about $1,530,000, with a series of tiered payouts down to the top 50 and ties, as reported by Getty Images.
Prize Growth And Payout Structure
The tournament increased the total purse by $1.5 million from the prior year and by $7.5 million from 2022, as reported in coverage of the event.
Historical data supplied with the payout announcement illustrates steady growth in winner shares over decades, with Horton Smith receiving $1,500 for the inaugural 1934 victory and recent winners taking multimillion dollar payouts.
The published winners list shows McIlroy also won the 2025 Masters and earned $4.2 million that year, while Scottie Scheffler’s 2024 victory carried a $3.6 million winner share and Jon Rahm’s 2023 victory paid $3.24 million, according to the tournament figures.
Media coverage noted that players at Augusta National do not know the exact prize money when they begin play, because the club waits until after the 36‑hole cut to announce the payouts, and that competitors who miss the cut still receive $25,000, as reported by the coverage.
The detailed payout schedule released after the cut lists individual amounts for positions through the top 50 and ties, demonstrating a steep payout curve concentrated at the top of the leaderboard, as presented in the official table.