2023 Charles Schwab Challenge Purse and Payout Breakdown
Hot off the heels of the PGA Championship, the PGA TOUR returns to non-major action with its annual visit to the Colonial Country Club for the latest edition of the Charles Schwab Challenge. A relatively stacked field of golfers is ready to tee off in Forth Worth this week, which means there’s bound to be a sizeable prize purse at the end of the tunnel.
Nitrobetting is here to help turn your golf bets from bogeys to birdies. This time, let’s take a breather from the thrilling golf betting action to find out the total prize money at stake in the 2023 Charles Schwab Challenge.
2023 Charles Schwab Challenge Tournament Info
While you're here for the Charles Schwab Challenge, be sure to check out everything that Fort Worth has to offer. https://t.co/dq1tK13MFA pic.twitter.com/b2XG1cEy52
— Charles Schwab Challenge (@CSChallengeFW) May 23, 2023
- When: Thursday, May 25 – Sunday, May 28
- Where: Colonial Country Club, Fort Worth, TX
- TV: Golf Channel
- Live Stream: GolfChannel.com
- Purse: $8,700,000
The 2023 Charles Schwab Challenge is in its 77th year of existence as a main fixture on the PGA TOUR. Older golf fans often refer to the tournament as the Colonial National Invitation. This is one of many events that golf legend and Forth Worth native Ben Hogan has dominated, with Hogan’s five PGA TOUR wins at the Colonial still a record that stands to date.
A huge prize purse worth $8.7 million is on the line in the Colonial this week. That’s a slight uptick of $300,000 from the $8.4 million total payout from last year’s run of the event, as the PGA TOUR continues to boost its overall prize money offerings year-on-year.
Here’s how the $8,7 million prize money will be distributed to the top 10 finishers in the 2023 Charles Schwab Challenge:
- 1st Place: $1,566,000
- 2nd Place: $939,600
- 3rd Place: $591,600
- 4th Place: $417,600
- 5th Place: $348,000
- 6th Place: $313,200
- 7th Place: $291,450
- 8th Place: $269,700
- 9th Place: $252,300
- 10th Place: $234,900
Where to Bet on the Golf with BTC
2023 Charles Schwab Challenge odds are available here at Nitrobetting. Create a Nitrobetting account now to place your stakes on any of the elite golfers teeing off this weekend.
This is just one of the many sports betting guides that you can read here at Nitrobetting news. Stay tuned for more PGA TOUR tournament previews and articles and don’t forget to check out the latest golf betting odds on our sportsbook.
*All odds stated are subject to change without prior notice.
