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PGA Championship: Winner's Payout, Prize Money and Purse Breakdown

Xander Schauffele won the 106th PGA Championship at Valhalla Golf Club, his first major championship victory.

In addition to taking home the Wanamaker Trophy, Schauffele earned a lump some of cash.

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

How much does the winner of the PGA Championship get?

2024 PGA Championship winner Xander Schauffele took home $3.33 million.

The winner's prize increased from a year ago, when 2023 champion Brooks Koepka took home $3.15 million.

How much does the PGA Championship runner-up get?

Bryson DeChambeau finished alone in second at the 2024 PGA Championship, earning $1.99 million.

In 2023, the runner-up prize was $1.89 million, but Viktor Hovland and Scottie Scheffler tied for second and each earned of $1.54 million.

Payouts and prize money for top finishers at the PGA Championship

Top-10 finishers prize money (2024)

1.      Xander Schauffele - $3,300,000

2.      Bryson DeChambeau - $1,998,000

3.      Viktor Holvand - $1,258,000

t-4. Thomas Detry, Collin Morikawa - $888,000 (each won $814,000)

t-6. Justin Rose, Shane Lowry - $660,580 (each won $639,440)

t-8. Scottie Scheffler, Billy Horschel, Robert MacIntyre, Justin Thomas - $577,790 (each won $521,418)

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 third-place finishers, they split the sum of the 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 PGA Championship get paid?

Unlike other tournaments in the professional game, players missing the cut and turning in a 36-hole score will be paid $4,000 each. Any player who made the cut but did not submit a 72-hole score would also be paid $4,000.

What is the total purse for The PGA Championship?

The total purse for the 2024 PGA Championship was $18.5 million, a new record for the tournament. The total purse in 2023 was $17.5 million.

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