Masters Golf Prize Money 2026: Here's how much Rory McIlroy and the other golfers won - trophy and Green Jacket explained

Rory McIlroy’s bank balance will be looking pretty healthy this morning.

First played in 1934 the US Masters is the only one of golf’s four majors to always be played at the same venue - Augusta National Golf Course, in the American state of Georgia.

Rory McIlroy with his Green Jacket and trophy - but he also banked a hefty cheque.placeholder image
Rory McIlroy with his Green Jacket and trophy - but he also banked a hefty cheque. | Getty Images

This year’s competition was played from April 9-12 and was the first Major of 2026.

A dramatic final day saw Rory McIlroy scrape home a shot ahead of world number one Scottie Scheffler to become only the fourth player to successfully defend a Masters in history - following Jack Nicklaus, Tiger Woods and Nick Faldo.

And that meant a pretty decent payday for the Northern Irishman - here’s everything you need to know.

What is the prize money at the 2026 Masters?

The official split of prize money was announced after the halfway cut was made and saw the prize pot increase from $21 million in 2025 to $22.5 million in 2026

Here’s the full breakdown of prize money which saw Rory McIlroy win a remarkable $4.5 million.

  • 1st: $4,500,000
  • 2nd $2,430,000
  • 3rd $1,530,000
  • 4th $1,080,000
  • 5th $900,000
  • 6th $810,000
  • 7th $753,750
  • 8th $697,500
  • 9th $652,500
  • 10th $607,500
  • 11th $562,500
  • 12th $517,500
  • 13th $472,500
  • 14th $427,500
  • 15th $405,000
  • 16th $382,500
  • 17th $360,000
  • 18th $337,500
  • 19th $315,000
  • 20th $292,500
  • 21st $270,000
  • 22nd $252,000
  • 23rd $234,000
  • 24th $216,000
  • 25th $198,000
  • 26th $180,000
  • 27th $173,250
  • 28th $166,500
  • 29th $159,750
  • 30t h$153,000
  • 31st $146,250
  • 32nd $139,500
  • 33rd $132,750
  • 34th $127,125
  • 35th $121,500
  • 36th $115,875
  • 37th $110,250
  • 38th $105,750
  • 39th $101,250
  • 40th $96,750
  • 41st $92,250#
  • 42nd $87,750
  • 43rd $83,250
  • 44th $78,750
  • 45th $74,250
  • 46th $69,750
  • 47th $65,250
  • 48th $61,650
  • 49th $58,500
  • 50th $56,700

How does the prize money compare to recent Masters?

The prize money for the Masters has spiralled in recent years, doubling in just five years, as follows:

  • In 2025 Rory McIlroy won $4.2 million
  • In 2024 Scottie Scheffler won $3.6 million
  • In 2023 Jon Rahm won $3.24 million
  • In 2022 Scottie Scheffler won $2.7 million
  • In 2021 Hideki Matsuyama won $2.07 million
  • In 2020 Dustin Johnson won $1.8 million

For context, when Seve Ballesteros won the 1980 tournament he received a cheque for just $60,000 (around $113 adjusting for inflation).

What trophy does the Masters winner receive?

The Masters winner receives not one, but three trophies.

Since the first tournament in 1934, the winner has been awarded a gold medal featuring a view of the clubhouse from behind the Founders Circle.

The main Masters Trophy is a silver sculpture depicting the clubhouse at Augusta and was first awarded in 1961. It was made in the UK and comprises more than 900 pieces of silver. The winner doesn’t get to keep it, as it remains in Augusta, but they do get their name engraved on it.

Finally, since 1993 the winner has been given a sterling silver replica of the trophy that they can keep.

Why does the winner get a Green Jacket?

It’s tradition at Augusta that the winner of the Masters is presented with a Green Jacket by the previous year’s winner.

Formally awarded since 1949 (when Sam Snead won), the green jacket is worn by members of Augusta Nationa - with every winner of the Masters becoming an honourary member of the club.

The jacket is presented in the Butler Cabin after the tournament and the winner gets to keep it for a year after their victory. They bring it back to the club the next year where it is kept so they can wear it whenever they are return.

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