Masters champion prize money has soared at Augusta since 2001
· Yahoo Sports
Plenty has changed in professional golf over the past 25 years, including the enormous payouts at The Masters, which have increased significantly since 2001.
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Not surprisingly, especially for the No. 1 tournament in the world:
The season’s first major is, as you may have heard ad nauseam since March Madness, “a tradition unlike any other.”
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Another tradition, like rising gas prices (average price per gallon in pre-9/11 April 2001: $1.50), is the Masters champion prize money and total purse.
Per Golf Digest:
How much is a Masters win worth? A timeline
Apr 13, 2025; Augusta, Georgia, USA; Rory McIlroy holds the Masters championship trophy during the final round of the Masters Tournament at Augusta National Golf Club. Mandatory Credit: Kyle Terada-Imagn ImagesFrom $1,500 in 1934 to $4.2M in 2025, the top take-home amount has increased by 2,800x over 91 years.
1934: Horton Smith ($1,500)
2025: Rory McIlroy ($4.2 million)
Biggest single jump: 2021-2022 (+$630K)
Total growth: 2,800× over 91 years
Now, let’s take a look at exactly how much money each Masters winner took home, along with their coveted green jacket and silver trophy, since 2001.
2001: Tiger Woods ($1,008,000)
2000 Masters champion Vijay Singh places the green jacket on 2001 Masters champ Tiger Woods at Augusta National Golf Club on April 8, 2001. EILEEN BLASS-USA TODAY NETWORK via Imagn ImagesTotal purse: $5,600,000
It was the first year the champion’s take-home pay for the Masters surpassed the $1 million mark, and the second time Tiger took home a green jacket.
2002: Tiger Woods ($1,008,000)
April 14, 2002; Augusta, GA, USA; Tiger Woods gives a thumbs up after receiving the green jacket for winning the 2002 Masters. Mandatory Credit: Tim Dillon/USA TODAYTotal purse: $5,600,000
Same purse, same top prize, and same winner — Woods with his third Masters victory.
2003: Mike Weir ($1,080,000)
April 7, 2004; Augusta, GA, USA; 2003 Masters Champion Mike Weir, (L), walks down the 11th fairway with five-time champion Jack Nicklaus, (C), and 1992 Champion Fred Couples, (R), during the third day of the 2004 Masters practice rounds Wednesday, April 7, 2003 at Augusta National in Augusta, Georgia. Mandatory Credit: Jack Gruber/USA TODAY NETWORKTotal purse: $6,000,000
Historic tournament for two reasons: Weir became the first left-hander to win the green jacket, as well as the first (and still only) Canadian to win the Masters.
2004: Phil Mickelson ($1,117,000)
Phil Mickelson is a PGA Tour and LIV golfer. Mickelson attended Arizona State University and went on to win The Masters in 2004, 2006 and 2010.Total purse: $6,000,000
Lefty finally broke through, earning his first major title and first great jacket.
2005: Tiger Woods ($1,260,000)
2004 Masters champion Phil Mickelson helps 2005 winner, Tiger Woods, into his fourth green jacket on April 10, 2005. Jack Gruber-The Augusta Chronicle/USA TODAY NETWORKTotal purse: $7,000,000
This time, Woods got the best of Mickelson to win his fourth green jacket.
2006: Phil Mickelson ($1,260,000)
April 27, 2006; New Orleans, LA, USA; Phil Mickelson signs autographs after his first round of PGA golf in the Zurich Classic of New Orleans at English Turn Golf and Country Club. Mandatory Credit: John David Mercer-USA TODAY Sports © 2006 John David MercerTotal purse: $7,000,000
Mickelson wins his second green jacket in three years.
2007: Zach Johnson ($1,305,000)
Sep 16, 2013; Lake Forest, IL, USA; Zach Johnson poses with the BMW Championship winner’s trophy and the J. K. Wadley Trophy after the final round of the BMW Championship at Conway Farms Golf Club. Mandatory Credit: Matt Marton-USA TODAY SportsTotal purse: $7,418,464
Johnson, who would later become the 2023 U.S. Ryder Cup captain, won the first of his two major championships.
2008: Trevor Immelman ($1,350,000)
Nov 15, 2007, Hong Kong, CHINA; Trevor Immelman of South Africa during the first round of the UBS Hong Kong Open at the Hong Kong Golf Club.Mandatory Credit: CSPA via USA TODAY Sports.Total purse: $7,500,000
Before he became a TV analyst for the Masters broadcast, Immelman became only the second golfer from South Africa — after the iconic Gary Player — to win the Masters.
2009: Angel Cabrera ($1,350,000)
October 8, 2009; San Francisco, CA, USA; International Team member Angel Cabrera (ARG) tees off on the 12th hole during day one of the President’s Cup golf tournament at Harding Park Golf Course. Mandatory Credit: Kyle Terada-USA TODAY SportsTotal purse: $7,500,000
Nicknamed El Pato (The Duck), Cabrera walked off with his second major title while becoming the first and only South American to win a green jacket.
2010: Phil Mickelson ($1,350,000)
Phil Mickelson hits from the gallery onto the 18th green during the third round of the Masters Golf Tournament at the Augusta National Golf Club Saturday April 10, 2010. MICHAEL HOLAHAN/STAFFTotal purse: $7,500,000
Mickelson won his third Masters, becoming just the seventh player in golf history to accomplish the three-feat.
2011: Charl Schwartzel ($1,440,000)
Charl Schwartzel birdies 18 to win during Sunday’s final round of the Masters Golf Tournament at Augusta National, Sunday, April 10, 2011, in Augusta, Ga. Corey Perrine/Staff-USA TODAY NETWORKTotal purse: $8,000,000
We know what you’re thinking: Who? Fair enough, as Schwartzel was basically a one-hit wonder, but what a hit — winning the Masters as the third South African to take home a green jacket.
2012: Bubba Watson ($1,440,000)
Apr 8, 2012; Augusta, GA, USA; Bubba Watson (right) reacts after being presented with the green Masters champion jacket from 2011 winner Charl Schwartzel (left) after the 2012 The Masters golf tournament at Augusta National Golf Club. Mandatory Credit: Jack Gruber-USA TODAY SportsTotal purse: $8,000,000
Fun fact about Bubba and his win at Augusta: He joined Weir and Mickelson as the only left-handers to win the Masters.
2013: Adam Scott ($1,440,000)
Apr 14, 2013; Augusta, GA, USA; Adam Scott (front) receives a green jacket from 2012 champion Bubba Watson (rear) after winning the 2013 The Masters golf tournament at Augusta National Golf Club. Mandatory Credit: Michael Madrid-USA TODAY SportsTotal purse: $8,000,000
Scott’s victory gave Australia its first and only Masters champion.
2014: Bubba Watson ($1,620,000)
Apr 13, 2014; Augusta, GA, USA; 2013 winner Adam Scott (left) helps 2014 winner Bubba Watson into a green jacket after the 2014 The Masters golf tournament at Augusta National Golf Club. Mandatory Credit: Michael Madrid-USA TODAY SportsTotal purse: $9,000,000
Another Bubba fun fact: His birth name is Gerry Lester Watson Jr., and that’s what’s engraved on the Masters trophy.
2015: Jordan Spieth ($1,800,000)
Bubba Watson, left, puts the green jacket on winner Jordan Spieth after the final round of the Masters Tournament at Augusta National Golf Club, Sunday, April 12, 2015, in Augusta, Georgia. (MICHAEL HOLAHAN/STAFF)At 21, Spieth became the second youngest golfer ever (behind Woods) to win a green jacket.
Total purse: $10,000,000
2016: Danny Willett ($1,800,000)
Apr 10, 2016; Augusta, GA, USA; Danny Willett celebrates in the green jacket after winning the 2016 The Masters golf tournament at Augusta National Golf Club. Mandatory Credit: Rob Schumacher-USA TODAY SportsTotal purse: $10,000,000
Another out-of-nowhere Masters winner, Willett won his one and only major this year. He joined Nick Faldo as just the second Englishman to claim a green jacket.
2017: Sergio Garcia ($1,980,000)
Apr 9, 2017; Augusta, GA, USA; Sergio Garcia celebrates with the trophy at the green jacket ceremony after winning The Masters golf tournament at Augusta National Golf Club. Mandatory Credit: Rob Schumacher-USA TODAY Sports.Total purse: $11,000,000
Garcia finally got the monkey off his back by winning his first major at Augusta National.
2018: Patrick Reed ($1,980,000)
Apr 8, 2018; Augusta, GA, USA; Patrick Reed speaks after receiving his green jacket after winning the Masters golf tournament at Augusta National Golf Club. Mandatory Credit: Rob Schumacher-USA TODAY SportsTotal purse: $11,000,000
His one and only major victory, though he’s been close in the other three biggies.
2019: Tiger Woods ($2,070,000)
Tiger Woods celebrates during the trophy presentation after winning the Masters Tournament at Augusta National Golf Club, Sunday, April 14, 2019, in Augusta, Georgia. ALLEN EYESTONE/FOR THE AUGUSTA CHRONICLETotal purse: $11,500,000
Just as Tiger die-hards were beginning to lose faith that Woods would ever return to form, he delivered an epic, remarkable performance to win his fifth green jacket.
2020: Dustin Johnson ($2,070,000)
Dustin Johnson after winning the 2020 Masters. Michael Holahan-USA TODAY NETWORK.Total purse: $11,500,000
Not even COVID-19 could stop the Masters from playing on. Johnson won the delayed tournament (held in November with zero spectators) and set the tournament record with a 20-under-par finish.
2021: Hideki Matsuyama ($2,070,000)
Apr 11, 2021; Augusta, Georgia, USA; Hideki Matsuyama celebrates with The Masters trophy after winning The Masters golf tournament. Mandatory Credit: Rob Schumacher-USA TODAY SportsTotal purse: $11,500,000
Matsuyama became the first Japanese male golfer to win a major championship, and the first Asian-born golfer to win the Masters.
2022: Scottie Scheffler ($2,700,000)
Apr 10, 2022; Augusta, Georgia, USA; Scottie Scheffler holds the championship trophy during the final round of the Masters Tournament at Augusta National Golf Club. Mandatory Credit: Adam Cairns-Augusta Chronicle/USA TODAY SportsTotal purse: $15,000,000
The number one-ranked player in the world backed it up, winning his first major by three strokes over Rory McIlroy.
2023: Jon Rahm ($3,240,000)
Apr 9, 2023; Augusta, Georgia, USA; 2022 Masters champion Scottie Scheffler helps Jon Rahm into his green jacket after the final round of The Masters golf tournament. Mandatory Credit: Danielle Parhizkaran-USA TODAY NetworkTotal purse: $18,000,000
Rahm became the fourth Spaniard to win the Masters with a whopping four-stroke victory.
2024: Scottie Scheffler ($3,600,000)
Scottie Scheffler holds up his trophy at the green jacket ceremony after winning the Masters on April 14, 2024Adam Cairns-USA TODAY NETWORK via Imagn Images
Proving again that he’s the greatest golfer on the planet, Scheffler adds another green jacket to his closet.
Total purse: $20,000,000
2025: Rory McIlroy ($4,200,000)
Apr 13, 2025; Augusta, Georgia, USA; Scottie Scheffler places the green jacket on Rory McIlroy during the green jacket ceremony during the final round of the Masters Tournament at Augusta National Golf Club. Mandatory Credit: Kyle Terada-Imagn ImagesMcIlroy finally slipped on the elusive green jacket to complete his career Grand Slam and lift the weight of expectations off his shoulders.
Total purse: $21,000,000
Final thoughts
Aug 3, 2025; Greensboro, North Carolina, USA; Cameron Young with the Sam Snead Cup after the final round of the Wyndham Championship golf tournament. Mandatory Credit: Allison Lawhon-Imagn ImagesMcIlroy has the chance on Sunday to become the fourth golfer ever to win back-to-back Masters tournaments.
But Scheffler is in contention again to claim his third Masters title, which would put him in rarefied golf air.
Other outstanding players will make it tough on McIlroy, who lost his entire six-stroke lead heading into Saturday. He’s now tied with Cameron Young, seeking his first major victory, for first with plenty of others right behind them.
All of which should make for a fantastic final round.