Skip to content
GO TO bet365 Sports
  1. Golf
  2. Open Championship

The Open Championship: Winner’s Payout, Prize Money and Purse Breakdown

The Open Championship is the final major of the season in men's golf, taking place in the United Kingdom every summer.

It is also the oldest major championship in the game, with the first edition taking place in 1860.

In 2024, American Xander Schauffele won his first Claret Jug along with a lump sum of cash.

Continue reading for all you need to know about the The Open Championship's purse, winner's payout, and more.

How much does the winner of The Open Championship get?

Xander Schauffele took home a record $3.1 million for winning the 2024 Open Championship.

The 2024 winner's payout is up from the $3 million taken home by Brian Harman in 2023, but is the smallest winner's payout of any men's golf major this year.

How much does The Open Championship runner-up get?

The runner-up at the 2024 Open Championship recieves $1.759 million. Third place will get $1.128 million.

Billy Horschel and Jusitn Rose tied for second at the 2024 Open, so they split the winnings of second and third place prize money combined.

Payouts and prize money for top finishers at The Open Championship

Top-10 Finishers Prize Money (2024)

1. Xander Schauffele - $1.3 million

T2. Billy Horschel, Justin Rose - $1.750 million (each get $1,443,500)

4. Thriston Lawrence - $876,000

5. Russell Henley - $705,000

6. Shane Lowry - $611,000

T7. Scottie Scheffler, Sungjae Im, Jon Rahm - $525,000 (each get $451,833)

T10. Adam Scott, Daniel Brown, Matthew Jordan - $350,600 (each get $317,533)

You might be wondering why some players took home less than what they should have for where they finished.

For ties, the players split the sum of the prize money for their finishing position and all subsequent spots that no player finished in. So for second-place finishers, they split the sum of the second, third, fourth and fifth-place prize, hence why their share is less than if they had finished alone in third.

Do players that miss the cut at The Open Championship get paid?

Golfers that don’t make the weekend at the The Open Championship will receive a payout of at least $8,750.

In a normal PGA Tour or DP World Tour event, players who miss the halfway cut wouldn’t normally get any prize money.

What is the total purse for The Open Championship?

The total purse for the 2024 Open Championship is $17 million.

This is a $500,000 increase from the 2023 purse, and remains the smallest of the four men's golf majors.

Read more: How do players qualify for the Open Championship?

Odds displayed within this article were correct at the time of writing and are subject to change.

Related Articles

bet365 uses cookies

We use cookies to deliver a better and more personalized service. For more information, see our Cookie Policy

New to bet365? Bet $1 & Get $365 in Bonus Bets Join Now

Deposit required. Bonus Bet winnings are added to Bonus Bets balance. Bonus Bet wager excluded from returns. T&Cs, time limits and exclusions apply.