The History of The Masters
The Masters is one of the most prestigious golf tournaments in the world, held annually at the Augusta National Golf Club in Georgia. The tournament was first played in 1934 and has since become a celebrated event in the world of golf.
The Payout Structure
The total prize money for The Masters is currently set at $11.5 million, making it one of the most lucrative events on the PGA Tour. The winner of The Masters receives a substantial portion of this prize money, along with the top finishers.
Breakdown of Payout
- 1st Place: The winner of The Masters typically receives around $2 million in prize money, along with the coveted Green Jacket.
- 2nd Place: The runner-up at The Masters can expect to take home over $1 million in prize money.
- Top Finishers: The top finishers at The Masters also receive significant payouts, with top 10 finishers earning hundreds of thousands of dollars.
Case Studies
In 2020, Dustin Johnson won The Masters and took home $2,070,000 in prize money. In 2019, Tiger Woods won The Masters and received $2,070,000 in prize money as well.
Statistics
Over the years, The Masters has seen an increase in prize money, reflecting the growing popularity and prestige of the tournament. The payout for The Masters continues to attract top golfers from around the world, eager to compete for the lucrative prize money and the chance to etch their names in golf history.
