Advertisement

PGA Championship purse: How much winning golfer will earn in 2024?

The 2024 PGA Championship is in full swing this weekend from Valhalla Golf Club in Louisville, Kentucky. It's the second major of the year following the Masters one month ago and an exciting three days of action have many golfers with a chance at victory.

Like the Masters Tournament, the PGA Championship offers a big reward for the top finishers. Last year, winner Brooks Koepka took home $3.15 million, and a two-way tie for second saw Viktor Hovland and Scottie Scheffler each earn $1.54 million.

The 2023 PGA Championship purse saw the biggest year-over-year increase in the event's history with a $2.5 million boost to the total. Here's how the payouts will look this year:

2024 PGA Championship purse

This year's PGA Championship purse sees an increase once again to $18.5 million in total. Here's how the top 25 looks as of now (subject to change with ties for positions):

  • 1st: $3.3 million

  • 2nd: $1.99 million

  • 3rd: $1.25 million

  • 4th: $888,000

  • 5th: $740,000

  • 6th: $660,580

  • 7th: $618,300

  • 8th: $577,790

  • 9th: $539,030

  • 10th: $502,040

  • 11th: $466,810

  • 12th: $433,340

  • 13th: $401,630

  • 14th: $371,690

  • 15th: $343,500

  • 16th: $317,080

  • 17th: $292,420

  • 18th: $269,520

  • 19th: $248,380

  • 20th: $229,000

  • 21st: $211,390

  • 22nd: $195,530

  • 23rd: $181,440

  • 24th: $169,990

  • 25th: $158,980

PGA Championship purse history

Year

Winner's purse

Total Purse

Notes

1916

$500

$2,580

Inaugural PGA Championship

1958

$5,500

$39,388

First year of stroke play

1959

$8,250

$51,175

1960

$11,000

$63,130

1962

$13,000

$69,400

1964

$18,000

$100,000

First six-figure total purse

1965

$25,000

$149,700

1969

$35,000

$175,000

1970

$40,000

$200,000

1972

$45,000

$224,087

1978

$50,000

$300,240

1979

$60,000

$350,600

1982

$65,000

$450,000

1983

$100,000

$600,000

First six-figure winner's purse

1984

$125,000

$700,000

1986

$140,000

$800,000

1987

$150,000

$900,000

1988

$160,000

$1 million

First million-dollar total purse

1989

$200,000

$1.2 million

1990

$225,000

$1.35 million

1991

$230,000

$1.35 million

1992

$280,000

$1.6 million

1993

$300,000

$1.7 million

1994

$310,000

$1.75 million

1995

$360,000

$2 million

1996

$430,000

$2.4 million

1997

$470,000

$2.6 million

1998

$540,000

$3 million

1999

$630,000

$3.5 million

2000

$900,000

$5 million

2001

$936,000

$5.2 million

2002

$990,000

$5.5 million

2003

$1.08 million

$6 million

First million-dollar winner's purse

2004

$1.12 million

$6.25 million

2005

$1.17 million

$6.5 million

2006

$1.22 million

$6.8 million

2007

$1.26 million

$7 million

2008

$1.35 million

$7.5 million

2011

$1.44 million

$8 million

2014

$1.8 million

$10 million

First eight-figure total purse

2017

$1.89 million

$10.5 million

2018

$1.98 million

$11 million

2021

$2.1 million

$12 million

2022

$2.7 million

$15 million

2023

$3.15 million

$17.5 million

2024

$3.3 million

$18.5 million

2024 PGA Championship: Round 4 coverage schedule

  • Streaming coverage begins at 8:00 a.m. ET - 10:00 a.m. ET on ESPN+

  • Broadcast coverage begins at 10:00 a.m. ET- 1:00 p.m. ET on ESPN

  • Broadcast coverage continues at 1:00 p.m. ET- 7:00 p.m. ET on CBS and stream on Paramount+

How to watch: Catch the 2024 PGA Championship with a ESPN+ subscription

We occasionally recommend interesting products and services. If you make a purchase by clicking one of the links, we may earn an affiliate fee. USA TODAY Network newsrooms operate independently, and this doesn’t influence our coverage.

This article originally appeared on USA TODAY: 2024 PGA Championship winner will share record purse