The total payout for the 2026 Masters Tournament is expected to be at least $21 million, marking a significant increase in prize money for the prestigious event.

In 2025, champion Rory McIlroy took home $4.2 million, while runner-up Justin Rose earned $2.268 million. The payout structure for the upcoming tournament will be announced after the cut is made, but players who do not make the cut received $25,000 in 2025.

The 2025 Masters saw a total payout increase of $1 million from 2024, reflecting the tournament’s growing financial stature. Notably, Patrick Reed and Scottie Scheffler finished third and fourth, respectively, each earning over $1 million.

In the previous year, Bryson DeChambeau and Sungjae Im earned nearly $800,000 each for tying for fifth, while Ludvig Aberg received just over $700,000 for seventh place. A four-way tie for eighth was worth $588,000.

As the tournament approaches, all eyes are on McIlroy, who is attempting to become the fourth player to win back-to-back championships at Augusta National, a feat not accomplished since Tiger Woods.

McIlroy has also taken on a leadership role in golf following his second Masters victory, notably without the presence of legends like Woods and Phil Mickelson.

Details remain unconfirmed regarding the exact payout distribution for the 2026 tournament, but the anticipation surrounding the event continues to build.