2024 PGA Championship at Valhalla features record purse, first-place prize money

LOUISVILLE, Ky. — The 2024 PGA Championship at Valhalla Golf Club will feature a record purse and first-place prize money payout this year.

On Saturday the PGA of America announced the 106th playing of its flagship event will offer an $18.5 million purse, with $3.33 million going to the winner. Second place will earn $1,998,000 while third will bank $1,258,000.

The PGA of America has been steadily increasing the PGA Championship purse over the years, the last several in particular. The 2023 PGA Championship featured a $17.5 million purse, up from $15 million in 2022, $12 million in 2021 and $11 million in 2020. The last time the PGA Championship was at Valhalla in 2014, the purse was $9,913,000.

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Players who missed the cut and turned in a 36-hole score will earn $4,000 each. Any player who made the cut but failed to submit a 72-hole score will also be paid $4,000.

Earlier this year at Augusta National, the 2024 Masters offered a $20 million purse, with a top prize of $3.6 million.

2024 PGA Championship purse breakdown

PositionEarnings
1$3,330,000
2$1,998,000
3$1,258,000
4$888,000
5$740,000
6$660,580
7$618,300
8$577,790
9$539,030
10$502,040
11$466,810
12$433,340
13$401,630
14$371,690
15$343,500
16$317,080
17$292,420
18$269,520
19$248,380
20$229,000
21$211,390
22$195,530
23$181,440
24$169,990
25$158,980
26$148,410
27$138,280
28$128,590
29$119,340
30$110,540
31$103,490
32$97,330
33$92,040
34$87,640
35$84,110
36$80,770
37$77,510
38$74,340
39$71,250
40$68,260
41$65,350
42$62,530
43$59,800
44$57,160
45$54,610
46$52,140
47$49,760
48$47,470
49$45,270
50$43,160
51$41,130
52$39,190
53$37,340
54$35,580
55$33,910
56$32,320
57$30,830
58$29,590
59$28,540
60$27,660
61$26,950
62$26,440
63$26,000
64$25,590
65$25,190
66$24,800
67$24,430
68$24,060
69$23,690
70$23,340
71$23,060
72$22,830
73$22,650
74$22,470
75$22,350
76$22,230
77$22,140
78$22,100

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