How much will The Open winner get from the $17M purse? Winner’s payout explored

The R&A has unveiled the prize money for The Open Championship 2024, marking the biggest payout in the game's history with a purse of $17 million. The winner of this year's Major will earn a whopping $3.1 million. Last year's edition of The Open had a purse of $16.5 million, with the winner taking home $3 million.

The 2024 edition boasts the largest payout since the inception of the event in 1860. The tournament has continuously increased purses over the last two decades.

In 2000, the purse was $2.75 million, which increased to $4 million by 2004. In 2017, the purse reached double-digit millions for the first time, rising from $6.5 million to $10.2 million. Over the past four years, prize money has shown significant growth, with the purse increasing to $11.5 million in 2021, then $14 million in 2022, and $16.5 million in 2023.

The CEO of R&A, Martin Slumbers, opened up about the tremendous increase in prize money in 2024 while announcing it to the media. He said (via TheOpen.com):

“We remain concerned about the impact substantial increases in men’s professional prize money are having on the perception of the sport and its long-term financial sustainability. We are determined to act with the interests of the global game in mind as we pursue our goal of ensuring golf continues to thrive in 50 years’ time.”

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Last year, Brian Harman won the event by defeating Jason Day, Tom Kim, Jon Rahm, and Sepp Straka by six strokes. He will return to defend his title this week.

The Open Championship prize money payouts

The tournament winner will receive $3.1 million, followed by $1.7 million for the runner-up, with $1.1 million reserved for the third-place finisher.

Here is the prize money payout of The Open Championship 2024:

1. $3,100,000
2. $1,759,000
3. $1,128,000
4. $876,000
5. $705,000
6. $611,000
7. $525,000
8. $442,500
9. $388,000
10. $350,600
11. $319,200
12. $282,800
13. $266,000
14. $249,000
15. $231,000
16. $212,700
17. $202,400
18. $193,000
19. $184,900
20. $176,200
21. $168,000
22. $159,600
23. $151,000
24. $142,600
25. $137,800
26. $131,800
27. $127,000
28. $122,600
29. $117,300
30. $111,200
31. $107,600
32. $102,100
33. $98,500
34. $95,700
35. $92,400
36. $88,700
37. $84,600
38. $80,300
39. $77,400
40. $74,900
41. $71,800
42. $68,300
43. $65,200
44. $61,500
45. $58,000
46. $55,000
47. $52,800
48. $50,700
49. $48,400
50. $47,200
51. $46,200
52. $45,400
53. $44,700
54. $44,000
55. $43,300
56. $42,700
57. $42,300
58. $42,000
59. $41,700
60. $41,400
61. $41,200
62. $41,000
63. $40,800
64. $40,600
65. $40,300
66. $40,000
67. $39,700
68. $39,400
69. $39,100
70. $38,900

The 2024 edition of The Open Championship, scheduled to take place this week, features a stellar field and record-breaking prize money. It will be held at Royal Troon from July 18 to 21.

About the author

Ankita Yadav is an NFL and Golf writer at Sportskeeda with over three years of experience in journalism (and counting). With a Master’s degree in Chemistry, she somehow swapped test tubes for touchdowns and tee shots—and hasn’t looked back since.

She’s previously covered the world of entertainment with OtakuKart and TV Season & Spoilers and worked as an editor at ComingSoon. Her stories have racked up nearly nine million reads, and she’s had the chance to interview top athletes like professional golfer Yuvraj Singh Sandhu.

Based in Bhopal, Ankita proudly supports the Kansas City Chiefs and Patrick Mahomes, and is a fan of Nelly Korda. When she’s not writing, she’s probably at a live music show, watching a movie, out on a long drive, or in the kitchen cooking up something that tastes better than it looks.

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Edited by Eeshaan Tiwary