ICC Cricket World Cup Prize Money

Last Modified Sep 28, 2023 12:47 IST

The ICC ODI Cricket World Cup 2023 Prize Money for the winner will be $4 million (INR 33,25,08,400). The runner-up will receive $2 million (INR 16,62,54,200) prize money, and the two losing semi finalists will take $800,000 (INR 6,65,01,680) each.


ODI Cricket World Cup 2023 Prize Money


StageODI World Cup Prize Money
WinnersINR 33,25,08,400
Runners-up INR 16,62,54,200
Losing semifinalistsINR 6,65,01,680
Group stage exitINR 33,25,242
Winning match in group stageINR 83,12,710


ICC always announces prize money for World Cups before the mega event. This money goes to the cricket board and some part of it goes to the players as well. This year, ICC has announced a total of $10 million prize money, which will be divided into 10 teams based on their performance.


ODI Cricket World Cup 2023 Prize Money
ODI Cricket World Cup 2023 Prize Money


The winner of every group stage match will earn $40,000 (INR 33,25,242) per win. The six teams eliminated from the group stage will take $100,000 (INR 83,12,710) each home.


ICC has announced the total prize in US Dollars. Here is the amount converted in Indian Rupees (INR).


ODI Cricket World Cup Prize Money from 1975 to 2023:


YearWinners (in USD)Runners-up (in USD)Losing semifinalists (per team in USD)
2023$4 million$2 million$800,000
2019$4 million$2 million$800,000
2015$3.975 million$1.75 million$600,000
2011$3.25 million$1.5 million$500,000
2007$2.5 million$1.25 million$450,000
2003$2 million$800,000$400,000
1999$400,000$200,000$100,000
1996$300,000$150,000$75,000
1992$60,000$30,000$15,000
1987$53,000$21,000NA
1983$31,000NANA
1979$21,000$8,500NA
1975$9,000$4,500$2,250


ODI Cricket World Cup 2023 is all set to begin in India. It is the first mega event of ICC to be played in the 50-over format after the COVID-19 pandemic. India will host the tournament.


In total, the winner and runners-up will take home $6 million of the ODI Cricket World Cup 2023 prize money. The rest of $4 million will be distributed among all teams, depending on the performance.


A prize of $100,000 will go to each team that wins a group stage match in the tournament. If a team wins all its nine matches in group stage, in total, the cricket board will earn $900,000 from those nine wins.


FAQs:-


Q) How much will champions get in ODI Cricket World Cup 2023 prize money?


A) The champions will earn $4 million if they win the ODI Cricket World Cup 2023 prize. If they win their nine group stage matches also, they will receive an extra bonus of $900,000, as per the ICC rules.


Q) How much is the prize money for runners-up of the ODI Cricket World Cup 2023?


A) The losing team in finals will receive $2 million for their journey to the summit clash. The difference between the prize money of champion and runners-up is $2 million.


Q) How much is the prize money for qualifying for semifinals of ODI World Cup 2023?


A) If a team qualifies for semifinals but loses in the semifinal match, that team will earn $800,000 in form of prize money. The amount will cross $1 million if they win at least three matches in the group stage. This amount of $800,000 each will go to the two losing semifinalists.


Q) How much is ICC ODI Cricket World Cup 2023 prize money in Indian Rupees?


A) The total prize money of ICC ODI World Cup 2023 is 83,20,25,000 (83 crores, 20 lakhs and 25 thousands only) in Indian Rupees. The champion team will get INR 33,25,08,400, the runner-up will get INR 16,62,54,200 and the losing semifinalists will receive INR 6,65,01,680 each. Winner of each group stage match will earn INR 83.19 lakh as prize money bonus. The amount will multiply based on the number of matches the team wins.


Q) Who gets the prize money amount in ICC World Cup?


A) The entire prize money amount goes to the respective cricket board, whose team wins the World Cup. The board decides how to divide the sum. Generally, a bonus is announced for the players, and the rest of the amount stays in the board’s bank balance for betterment of cricket in its region.


Q) What happens of the cheque given to champions in the ICC World Cup?


A) The big cheque given to the teams at the time of the presentation ceremony is just a showpiece. The cheque cannot be credited into anyone’s account. Later, the ICC transfers the amount to the boards.


Q) How does ICC earn money for ODI Cricket World Cup 2023 prize money?


A) USD 10 million is not a small amount, but ICC will be earning big profits from the World Cup despite the enormous sum announced as prize money. ICC earns money from media rights sale, tickets sale, merchandise sale and also sponsors. In 2014, Star India won the rights to telecast and live stream the ICC matches in India for a whopping $1.98 billion (INR 11,880 crore). The sponsors revenue and tickets sale revenue is not known, but it is expected to be in millions as well.