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How much prize money does Xander Schauffele get after winning the 2024 PGA Championship?

Xander Schauffle closed out his final round with a birdie on the 18th hole to seal his first major championship ever at the PGA Championship in Valhalla.

CHRISTIAN PETERSENAFP

It took all weekend, and all of Sunday to crown a winner of the first major of the PGA Tour schedule. On the final shot of the tournament, Xander Schauffele secured his first major with a birdie on the 18th hole edging out Bryson DeChambeau and the rest of the field with a final-round 66. Not only will he take home the Wannamaker Trophy, but he will also take a handsome back to Southern California.

Kentucky’s Valhalla Golf Club was the latest stunning venue of the famous tournament, the second major of the calendar year, with the Jack Nicklaus-designed course recognized as one of America’s 100 greatest courses. It has previously hosted three PGA Championships, two Senior PGA Championships, and the 2008 Ryder Cup.

A record-breaking opening, a tragic human loss, and a high-profile arrest are just some of the stories in the last few days, as fans now follow the action on the course to its conclusion, and the financial rewards that come with the prestige.

Last year’s prize money was $17.5 million, of which $3.15 million went to winner Brooks Koepka, along with the Wanamaker Trophy. That was a total increase of $2.5 million over the previous year and we have seen a similar increase this year.

The PGA of America announced the official total purse late on Saturday, an increase of one million takes it to $18,500,000. The 2024 Masters saw a total purse of $20m and the winner of that competition, Scottie Scheffler, pocketed $3.6 million. Sunday’s PGA champion in Kentucky will take home $3,330,000.

Full PGA Championship 2024 prize money breakdown

Here is a look at the prize payout for 2024′s PGA Championship, to give a taste of what is to come on this year’s announcement.

1st - $3,330,000

2nd - $1,998,000

3rd - $1,258,000

4th - $888,000

5th - $740,000

6th - $660,580

7th - $618,300

8th - $577,790

9th - $539,030

10th - $502,040

11th - $466,810

12th - $433,340

13th - $401,630

14th - $371,690

15th - $343,500

16th - $317,080

17th - $292,420

18th - $269,520

19th - $248,380

20th - $229,000

21st - $211,390

22nd - $195,530

23rd - $181,440

24th - $169,990

25th - $158,980

26th - $148,410

27th - $138,280

28th - $128,590

29th - $119,340

30th - $110,540

31st - $103,490

32nd - $97,330

33rd - $92,040

34th - $87,640

35th - $84,110

36th - $80,770

37th - $77,510

38th - $74,340

39th - $71,250

40th - $68,260

41st - $65,350

42nd - $62,530

43rd - $59,800

44th - $57,160

45th - $54,610

46th - $52,140

47th - $49,760

48th - $47,470

49th - $45,270

50th - $43,160

51st - $41,130

52nd - $39,190

53rd - $37,340

54th - $35,580

55th - $33,910

56th - $32,320

57th - $30,830

58th - $29,590

59th - $28,540

60th - $27,660

61st - $26,950

62nd - $26,440

63rd - $26,000

64th - $25,590

65th - $25,190

66th - $24,800

67th - $24,430

68th - $24,060

69th - $23,690

70th - $23,340

71st - $23,060

72nd - $22,830

73rd - $22,650

74th - $22,470

75th - $22,350

76th - $22,230

77th - $22,140

78th - $22,100

Players who miss the cut and turn in a 36-hole score will receive $4,000 each. Additionally, any player making the cut but failing to submit a 72-hole score will also be paid $4,000.

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