How much prize money does the winner get at the Charles Schwab Challenge?
The likes of Scottie Scheffler, Jordan Spieth, Harris English and Brian Harman are competing at Colonial Country Club in Fort Worth, Texas.
The 2025 Charles Schwab Challenge tees off on Thursday, May 22 with a number of world’s top players in contention.
The Colonial National Invitation, currently known as the Charles Schwab for sponsorship reasons, is one of the five invitational events on the PGA Tour. The first edition was held in 1946 and it remains an ever-present on the PGA Tour.
This year’s competition has a total purse of $9.5 million, with the winning golfer taking home $1.7 as top prize. Here’s a look at the prize money break-down for the top ten finishers at the 2024 Charles Schwab Challenge...
| Position | Winnings |
|---|---|
| 1st | $1,782,000 |
| 2nd | $1,079,100 |
| 3rd | $683,100 |
| 4th | $485,100 |
| 5th | $405,900 |
| 6th | $358,875 |
| 7th | $334,125 |
| 8th | $309,375 |
| 9th | $289,575 |
| 10th | $2269,775 |
The competition’s ‘invitational’ status means that it has a reduced field of around 120 players, while most full-field tournaments contain either 144 or 156 players. The other four invitational tournaments on the PGA Tour are the Genesis Open, the Arnold Palmer Invitational, the RBC Heritage, and the Memorial Tournament.
Who is the favourite to win the Charles Schwab Challenge?
World No. 1 Scottie Scheffler is considered the outright favourite to bag the top prize in Fort Worth. He is coming off his impressive win at the 2025 PGA Championship.
Scheffler is ranked as the world’s best and is playing as well as he did last year. He has already won twice this season and has earned over $10 million.
His most likely rivals for top prize are Harris England, Jordan Spieth and Brian Harman. We’ll keep you up to date on Scheffler and his rivals this weekend and in every PGA event this season.
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