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2023 Masters Tournament Purse and Payout Breakdown

By Jeff Stinger

The first marquee golf event of the year is upon us, as the PGA TOUR returns to the fabled grounds of Augusta National for the latest installment of The Masters. Only the world’s finest golfers are invited to participate this week, which means there’s bound to be a significant prize 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 Masters Tournament set to tee off this week.

2023 Masters Tournament Info

  • When: Thursday, Apr. 6 – Sunday, Apr. 9
  • Where: Augusta National Golf Club, Augusta, GA
  • TV: Golf Channel
  • Live Stream: GolfChannel.com
  • Purse: $18,000,000

The 2023 Masters Tournament is one of the oldest tournaments on the PGA TOUR, with its origins dating back to 1934. The event has only been held in one venue since its inception at the Augusta National Golf Club, where countless legends and memories are made. The Masters is the first of four major tournaments on the PGA TOUR calendar and all the world’s best golfers consider this event as the real start of the season.

A massive prize purse worth $18 million is at stake this week in Augusta. While this projected total payout remains the same from last year’s run, the overwhelming prestige and a shot at donning the coveted green jacket are more than enough reasons for golfers to bring their A-game regardless of the monetary stakes on the line.

Here’s how the $15 million prize money for each of the top 10 finishers of the 2023 Masters Tournament will be distributed:

  • 1st Place: $2,700,000
  • 2nd Place: $1,620,000
  • 3rd Place: $1,020,000
  • 4th Place: $720,000
  • 5th Place: $600,000
  • 6th Place: $540,000
  • 7th Place: $502,500
  • 8th Place: $465,000
  • 9th Place: $435,000
  • 10th Place: $405,000

Where to Bet on the Golf with Crypto

Golf odds are available all year long 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 crypto sportsbook.

*All odds stated are subject to change without prior notice.