Masters Tournament Purse Hits Record $20 Million In 2026

The Masters Tournament announced a record $20 million purse for 2026, up from $18 million last year, as the prestigious golf event tees off today at Augusta National. The winner will take home $3.6 million, the largest single payout in Masters history, reflecting the tournament's growing financial stakes.

This year's purse increase comes as LIV Golf's influence continues to push PGA Tour prize money higher. Augusta National chairman Fred Ridley confirmed the bump Thursday, stating the club aims to "reward excellence" amid golf's ongoing evolution. The topic is trending as fans compare payouts across major tournaments.

Tiger Woods, competing in his 28th Masters, could become the oldest champion at 50 with a shot at the boosted prize. Defending champion Jon Rahm, now with LIV Golf, isn't eligible due to the tour's suspension rules, adding controversy to the purse discussion. Spectators at Augusta have been debating whether the payout justifies golf's divided landscape.

Unlike other majors, the Masters controls its own finances without sponsors. Analysts note the purse still trails the $25 million offered at some LIV events, but the green jacket's prestige remains unmatched. Second place will earn $2.16 million, with payouts extending through all 50 players making the cut.

The increased purse arrives as ticket prices also hit new highs, with practice round passes reselling for over $1,500. ESPN's first-round coverage today is expected to highlight the financial stakes alongside the competition. With perfect Georgia weather forecast, all eyes are on whether the record purse will produce an equally historic finish.