How Much Is The PGA Championship Prize Money & How Much Will The Winner Get?

How Much Is The PGA Championship Prize Money
How Much Is The PGA Championship Prize Money

How much is the PGA Championship prize money for 2023? Join us as we explore the answer and beyond, including what the winner will receive, as well as those further down the field ahead of this week’s second major of the season.

The PGA Championship is perhaps the most challenging field across the golf season given there are no amateur competitors. This year’s line-up features 156 of the world’s elite, including 99 of the top 100 ranked players.

Although there are more lucrative tournaments on the circuit, the PGA Championship is one of golf’s most prestigious prizes, existing as one of four majors, and it ranks among the top 15 highest purses.

Best PGA Championship Betting Offers & Free Bets

Bet £10 Get £40 in Free Bets New cust only. 3 days to claim & 7 days to place a qualifying bet to receive 4x Free Bets: 1 x £10 Horse racing, 1 x £10 Free Bet Builder, 1 x £10 Acca and 1 x £10 Football. 7 day expiry. Exclusions apply. Stake not returned. T&Cs apply.

New cust only. 3 days to claim & 7 days to place a qualifying bet to receive 4x Free Bets: 1 x £10 Horse racing, 1 x £10 Free Bet Builder, 1 x £10 Acca and 1 x £10 Football. 7 day expiry. Exclusions apply. Stake not returned. T&Cs apply.

Claim Offer
Bet £10 Get £30 In Free Bets New customers, opt-in and deposit within 7 days, and settle a £10 minimum bet at odds of 1.5 or greater, to be credited with 3x £10 free bets. Free bets must be used on 4 or more selections with odds of 1.3 or greater, stake not returned. T&C’s Apply.

New customers, opt-in and deposit within 7 days, and settle a £10 minimum bet at odds of 1.5 or greater, to be credited with 3x £10 free bets. Free bets must be used on 4 or more selections with odds of 1.3 or greater, stake not returned. T&C’s Apply.

Claim Offer
50% Of First Day Losses Back As A Free Bet Up To £25 50% of first day losses refunded as a free bet. Max free bet per customer £25. To activate your 50% back offer, simply deposit and have a minimum of 3 bets of £10 or more on separate events at odds of evens (2.0) or bigger on first day. First day losses equals all settled stakes less all returns. The first day finishes at 23:59 on day of registration. Free bets must be used in their entirety and stakes are deducted from returns. Free bets non withdrawable Free bets to be credited within 24 hours. 18+, T&Cs apply

50% of first day losses refunded as a free bet. Max free bet per customer £25. To activate your 50% back offer, simply deposit and have a minimum of 3 bets of £10 or more on separate events at odds of evens (2.0) or bigger on first day. First day losses equals all settled stakes less all returns. The first day finishes at 23:59 on day of registration. Free bets must be used in their entirety and stakes are deducted from returns. Free bets non withdrawable Free bets to be credited within 24 hours. 18+, T&Cs apply

Claim Offer
Bet £10, Get £40 in Free Bets Place a £10 fixed odds bet at minimum odds of 1/2. Get 2 x £10 free fixed odds bets, 4 x £5 free spread bets + £1 Race Index spread bet. Ts&Cs Apply. 18+ BEGAMBLEAWARE.ORG | SPREAD BETTING LOSSES CAN EXCEED DEPOSIT

Place a £10 fixed odds bet at minimum odds of 1/2. Get 2 x £10 free fixed odds bets, 4 x £5 free spread bets + £1 Race Index spread bet. Ts&Cs Apply. 18+ BEGAMBLEAWARE.ORG | SPREAD BETTING LOSSES CAN EXCEED DEPOSIT

Claim Offer
Bet £5, Get £20 in Free Bets New Customers only. Place your first bet at a minimum of £5, and we’ll give you £20 Credit rewarded as £10 redeemable against racing bets only and a further £10 excluding win/place racing bets. Welcome offer Tote Credit is subject to a 7-day expiry from the date that it is credited to your Account. 18+ Full T&Cs Apply. BeGambleaware.org.Full T&Cs apply.

New Customers only. Place your first bet at a minimum of £5, and we’ll give you £20 Credit rewarded as £10 redeemable against racing bets only and a further £10 excluding win/place racing bets. Welcome offer Tote Credit is subject to a 7-day expiry from the date that it is credited to your Account. 18+ Full T&Cs Apply. BeGambleaware.org.Full T&Cs apply.

Claim Offer
Bet £10 Get £30 In Free Bets Registration required. Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of qualifying bets. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply.

Registration required. Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of qualifying bets. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply.

Claim Offer
Bet £10 Get £20 In Free Bets New UK customers (Excluding NI) only. Mobile exclusive. Min Deposit £10. Min stake £10. Min odds Evs. Free bet applied on 1st settlement of any qualifying bet. 30 days to qualify. Free bets expire in 7 days. Cashed out/Free Bets won’t apply. Account & Payment method restrictions apply. 1 Free Bet offer per customer, household & IP Address only. 18+. T&Cs apply. T&Cs apply

New UK customers (Excluding NI) only. Mobile exclusive. Min Deposit £10. Min stake £10. Min odds Evs. Free bet applied on 1st settlement of any qualifying bet. 30 days to qualify. Free bets expire in 7 days. Cashed out/Free Bets won’t apply. Account & Payment method restrictions apply. 1 Free Bet offer per customer, household & IP Address only. 18+. T&Cs apply. T&Cs apply

Claim Offer

How Much is the PGA Championship Prize Money In 2023?

Although definitive figures are yet to be divulged by tournament officials, it is safe to say the prize money for 2023’s edition will be of a similarly eye-watering amount to 2022.

The total purse for last year’s iteration was a record $15 million, and although it is unclear whether there will be another jump this year, that total was an increase of $3.5 million compared to 2021.

For the eventual winner, the $2.7 million payout moved it level with the US Open and the Open Championship last year, but still just half a million shy of the Masters which remains the most lucrative major.

How Does The 2023 Prize Money Compare To Previous PGA Championships?

The prize money for the PGA Championship has tripled since the turn of the century, which is indicative of the growing value of broadcasting rights and the ever-increasing profile and prestige of professional golf.

  • 2000 – $900,000

  • 2001 – $936,000

  • 2002 – $990,000

  • 2003 – $1,080,000

  • 2004 – $1,125,000

  • 2005 – $1,170,000

  • 2006 – $1,224,000

  • 2007 – $1,260,000

  • 2008 – $1,350,000

  • 2009 – $1,350,000

  • 2010 – $1,350,000

  • 2011 – $1,445,000

  • 2012 – $1,445,000

  • 2013 – $1,445,000

  • 2014 – $1,800,000

  • 2015 – $1,800,000

  • 2016 – $1,800,000

  • 2017 – $1,890,000

  • 2018 – $1,980,000

  • 2019 – $1,980,000

  • 2020 – $1,980,000

  • 2021 – $2,160,000

  • 2022 – $2,700,000

PGA Championship 2023 Prize Money Breakdown

  1. $2,700,000

  2. $1,620,000

  3. $1,020,000

  4. $720,000

  5. $600,000

  6. $516,250

  7. $475,000

  8. $436,600

  9. $400,000

  10. $371,250

  11. $343,750

  12. $316,250

  13. $291,250

  14. $278,750

  15. $266,250

  16. $253,750

  17. $241,250

  18. $228,750

  19. $216,250

  20. $203,750

  21. $191,250

  22. $178,750

  23. $166,250

  24. $153,750

  25. $141,250

  26. $128,750

  27. $116,250

  28. $104,375

  29. $97,750

  30. $91,250

  31. $86,250

  32. $81,250

  33. $76,250

  34. $71,250

  35. $66,250

  36. $63,750

  37. $61,250

  38. $58,750

  39. $56,250

  40. $53,750

  41. $51,250

  42. $48,750

  43. $46,250

  44. $43,750

  45. $41,250

  46. $38,750

  47. $36,875

  48. $35,000

  49. $33,750

  50. $32,500

  51. $31,250

  52. $30,500

  53. $29,875

  54. $29,250

  55. $28,750

  56. $28,250

  57. $27,875

  58. $27,500

  59. $27,250

  60. $27,000

  61. $26,750

  62. $26,500

  63. $26,250

  64. $26,000

  65. $25,750

  66. $25,500

  67. $25,250

  68. $25,000

  69. $24,750

  70. $24,500

Winnings sourced from Sportskeeda.com

PGA Championship 2023 – Tournament Information

  • ⛳️  Event: PGA Championship
  • 📅  Date: Thursday 18th May, 2023
  • 🕛  Opening Tee Time: Approx. 1pm GMT
  • 🏆  2022 Winner: Justin Thomas
  • 📺  TV Channel: UK: Sky Sports
  • 🏟  Venue: Oak Hill East, New York.
  • 🎲  Odds: Rahm 15/2| Scheffler 15/2 | McIlroy 12/1

Other Content You May Like

Latest news

View all
Arrow to top