What Are the Prizes for the Top Golf Contests?

Mandatory Credit: Photo by ERIK S LESSER/EPA-EFE/Shutterstock (12945498q)Tiger Woods (L) of the US and Anirban Lahiri (R) of India on the fifth hole during the final practice round for the 2022 PGA Championship golf tournament at the Southern Hills Country Club in Tulsa, Oklahoma, USA, 18 May 2022.

As the eyes of the golf world turn to the PGA Championship in Tulsa, Oklahoma today, what is considered the strongest field in men’s golf lines up to compete for the big money.

Golf’s majors (four for the men, five for the women) are considered the top tournaments in the sport for the prestige and history, but the prize money they pay out certainly doesn’t hurt either

With Tiger Woods, Masters champ Scottie Scheffler and other top golfers gearing up to battle for the second major of 2022, GOBankingRates looked at how much golfers can make at each major. It probably won’t surprise you that the men’s tournaments offer far more money than the women’s do. Let’s take a look.

Men’s Prize Money Amounts

The PGA Championship will pay out $8 million in total prize money, including $1,333,300 for the winner and $880,000 for second place. With four PGA Championship titles, that means Tiger has won about $5,333,200 on this tourney alone.

The season’s first major, the Masters, pays a jaw-dropping $15 million. That’s $3.5 million more than ever before for the Masters, and Scheffler pocketed $2.7 million for his victory. (As an aside, that $2.7 million is what the entire purse earned when Woods won his first Masters in 1997, CBSSports.com reported.) Rory McIlroy, who took second at the Masters, won $1.62 million.

After the PGA Championship, the golf world turns to the U.S. Open at Brookline, Mass. In 2021, the U.S. Open paid out $12.5 million, including $2.25 million for winner Jon Rahm.

Make Your Money Work for You

The last men’s major of the year is the British Open, or simply The Open, as it’s called in the rest of the world. This year will be the 150th British Open, played at St. Andrews, and the total purse is $10.75 million, which is the smallest of the four majors, GolfandCourse.com reports. The winner will receive $1,935,000.

Women’s Prize Money Amounts

Those numbers above dwarf what the LPGA players make in their five major championships. The first women’s major, the Chevron Championship, paid out $750,000 to winner Jennifer Kupcho out of a total purse of $5 million.

The KPMG Women’s PGA Championship is close behind, with a total purse of $4.5 million. The winner of the tournament, which will be held June 23-26 at Congressional Country Club in Bethesda, Md., will earn $675,000.

The U.S. Women’s Open, held June 2-5 at Pine Needles Lodge and Golf Club in Southern Pines, N.C., is the top women’s prize with a $10 million purse, including $1.8 million for the winner. The 2021 total purse was just $5.5 million.

The Women’s British Open, to be held Aug. 4-7 at Muirfield in Scotland, is an impressive $6.8 million. The winner will earn $1,020,000.

Another European event, the Amundi Evian Championship at the Evian Golf Club in Evian-les-Bains, France, pays its winner $675,000 out of a total purse of $4.5 million.

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