The highly anticipated 2026 Masters is set to feature a total purse of $22.5 million, marking a significant increase from previous years. The winner will walk away with a notable $4.5 million, which represents a newly established payout structure of 20 percent of the purse.
The purse announcement came on the Saturday of tournament week, right after the cut that narrowed the field down to the top 50 players and ties following the second round. Notably, the Masters purse has seen a boost of $1.5 million in 2026, building on a $1 million increase in 2025. Furthermore, in 2025, the percentage share for the winner was raised from 18 to 20 percent.
Hosted at the iconic Augusta National Golf Club in Augusta, Georgia, the Masters remains one of the few tournaments on the PGA Tour with a 36-hole cut, reflecting its unique standing among major championships. The top 50 players plus those tied will earn a larger share of the purse compared to standard PGA Tour events, with the first player outside of the top 50 receiving around $28,290 for finishing in 51st place.
Players who unfortunately miss the cut will still receive $25,000, a welcome increase of $15,000 compared to prior years. However, amateurs will not be eligible for any prize money.
The payout structure at the Masters is impressive when compared to other major tournaments. In fact, the purse underwent a $3 million increase from 2022 to 2023, positioning it as the richest among the majors. This increase comes in second to the Players Championship, which offers a purse of $25 million for 2026, bolstered by its rescheduling to March.
Prize money at the Masters is subject to Georgia’s tax regulations, which apply a rate of 6 percent for players earning over $10,000 in taxable income per year.
In addition to the monetary rewards, significant incentives are associated with the tournament. The winner will gain 750 FedEx Cup points and 100 Official World Golf Ranking points, with the majors offering maximum points in men's golf. Other privileges include a five-season exemption on the PGA Tour, lifetime invitations to the Masters, and entry into the remaining three majors for the next five years.
The complete breakdown of the prize money for the 2026 Masters is outlined below, illustrating the distributions from first to 50th place:
| POSITION | MONEY | | --- | --- | | 1 | $4,500,000 | | 2 | $2,430,000 | | 3 | $1,530,000 | | 4 | $1,080,000 | | 5 | $900,000 | | 6 | $810,000 | | 7 | $753,750 | | 8 | $697,500 | | 9 | $652,500 | | 10 | $607,500 | | 11 | $562,500 | | 12 | $517,500 | | 13 | $472,500 | | 14 | $427,500 | | 15 | $405,000 | | 16 | $382,500 | | 17 | $360,000 | | 18 | $337,500 | | 19 | $315,000 | | 20 | $292,500 | | 21 | $270,000 | | 22 | $252,000 | | 23 | $234,000 | | 24 | $216,000 | | 25 | $198,000 | | 26 | $180,000 | | 27 | $173,250 | | 28 | $166,500 | | 29 | $159,750 | | 30 | $153,000 | | 31 | $146,250 | | 32 | $139,500 | | 33 | $132,750 | | 34 | $127,125 | | 35 | $121,500 | | 36 | $115,875 | | 37 | $110,250 | | 38 | $105,750 | | 39 | $101,250 | | 40 | $96,750 | | 41 | $92,250 | | 42 | $87,750 | | 43 | $83,250 | | 44 | $78,750 | | 45 | $74,250 | | 46 | $69,750 | | 47 | $65,250 | | 48 | $61,650 | | 49 | $58,500 | | 50 | $56,700 |
