Masters prize money totals $11.5M this year. How does that stack up?
AUGUSTA — Winning the Masters would be a prestigious addition to anyone’s resume.
Winning the Masters, or coming anywhere near the top, would also be a windfall for anyone’s wallet.
The prize pool for professionals competing this year is $11.5 million, the most ever and a sizable chunk more than last year’s $11 million.
The money, according to a Masters news bulletin provided Saturday, is spread in tiered fashion among the top 50-plus players.
Coming in first this year nets $2.07 million.
That’s enough money – roughly, and without doing any sort of tax math – to buy 101 base-model 2019 Honda Civics or 10 base-model 2020 Lamborghini Huracans. It’s not enough money, though, to buy a 2019 base-model Bugatti Chiron, which comes in just short of $3 million. (You could also almost buy two old Aiken County hospitals.)
Patrick Reed, the 2018 Masters champion, received $1.98 million. Rickie Fowler, who finished second last year, received nearly $1.2 million.
Placing second this year nets a similar $1.24 million.
To put that in perspective: The median household income in Aiken County, using 2017 dollars, is $47,713, according to the U.S. Census Bureau’s latest data.
Securing third place secures a $782,000 purse.
That’s enough to buy two base-model 2017 Rolls-Royce Wraiths and still have enough left over to buy thousands of pimento cheese sandwiches at the next Masters. (Food and drinks at the springtime tournament are notoriously cheap, and pimento cheese is a staple.)
From another perspective, the third-place prize is about four times more than the median value of an owner-occupied house in Aiken between 2013 and 2017, according to Census Bureau information.
The payouts begin to fall off after third place.
The 10th best Masters finisher earns $310,500; the 25th best earns about one-third of that at $101,200.
The golfer who places 38th locks in a prize roughly equal to the median household income in Aiken. The golfer gets $54,050, and the median household income in the city is $53,433.
Finishing 50th means a $28,980 prize. That’s enough money to buy more than 19,000 Masters-famous egg salad sandwiches.
The remaining players get cash prizes “ranging downward,” according to the Masters news bulletin. The payout is based on score.