The 2024 US Open Has the Biggest Prize Pool in Tennis History — Here's How Much Money the Winners Will Make

This year's US Open purse is $10 million larger than 2023's payout

The 2024 US Open has officially begun, with the world's top tennis players in New York City to compete for the year's final Grand Slam title.

This year’s tournament is marked by heightened excitement, not only because of the intense competition but also the record-breaking prize money: The 2024 US Open boasts a staggering $75 million purse, a $10 million increase from 2023.

As players battle it out on the courts, they’re not just competing for prestige but also for a share of the largest prize pool in tennis history, and the stakes have never been higher financially. According to Statista, the prize money pool for the 2024 US Open has increased by 15% compared to 2023's total.

While defending champions Novak Djokovic and Coco Gauff, didn't make it to the finals this year, other athletes — including Jessica Pegula and Aryna Sabalenka — have their eyes on the top prize. But how much will the winners and other participants take home from the historic event this year? Here’s everything to know about how much the US Open winners and participants take home in monetary gains.

Related: The Best Moments from the US Open Tennis Championships Over the Years

How much will the 2024 US Open winner earn?

For the 51st year, the US Open will continue its tradition of equal pay for men and women in 2024. The men’s and women’s singles champions will earn $3.6 million each, double the amount awarded to the runner-ups, who will receive $1.8 million each.

How much will other 2024 US Open participants make?

The prize money extends far beyond the winners for the singles events. Even those who only advance to the first round of the main draw will pocket six figures. Here’s a breakdown of the earnings for singles players at various stages of the 2024 US Open:

• First round: $100,000

• Second round: $140,000

• Third round: $215,000

• Round of 16: $325,000

• Quarterfinals: $530,000

• Semifinals: $1,000,000

• Runner-up: $1,800,000

• Winner: $3,600,000

Doubles teams are also vying for significant rewards. The champions in both men's and women’s doubles will take home $750,000 per team, while the mixed doubles champions will earn $200,000. The prize distribution ensures that even those exiting in earlier rounds will see financial compensation. While the champions will enjoy a lion’s share of the prize money, the 2024 US Open ensures that all participants are rewarded for their efforts. Here’s a breakdown of the prize money across different categories and rounds:

Doubles (per team):

• First round: $25,000

• Second round: $40,000

• Third round: $63,000

• Quarterfinals: $110,000

• Semifinals: $190,000

• Runner-up: $375,000

• Winner: $750,000

Mixed Doubles (per team):

• First round: $10,000

• Round of 16: $16,500

• Quarterfinals: $27,500

• Semifinals: $50,000

• Runner-up: $100,000

• Winner: $200,000

Related: They're Having a Ball! See All the Stars at the 2024 US Open

How much have US Open winners won in years past?

The prize money at the US Open has seen considerable growth over the years. The US Open’s prize pool has expanded dramatically and more than tripled since 2010, increased fivefold since 2000 and nearly 20-fold since 1990, per Statista.

In 2023, the singles champions took home $3 million each, while the runner-ups received $1.5 million. This year’s increase to $3.6 million for the winners and $1.8 million for the runners-up marks a significant jump.

What tennis tournament has the highest payout?

Thanks to the US Open's $75 million purse in 2024, the New York tournament currently holds the title for the highest payout in tennis. The other Grand Slam tournaments — Wimbledon, the French Open and the Australian Open — offer substantial prize money as well, but none have reached the US Open's level this year.

Wimbledon, traditionally seen as the most prestigious tournament, offers a total prize pool of around $56 million (50 million GBP), while the French Open and Australian Open both hover around $50 million.

However, none of the tournaments have matched the 15% increase in the US Open's purse this year, solidifying its current position at the top of the financial rankings in tennis.

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