Another major, another major purse increase. On Saturday, the PGA of America released the prize money payout for each golfer at the 2023 PGA Championship, revealing a $2.5 million bump from a year ago.
The 76 golfers who made the cut at Oak Hill Country Club in Rochester, New York, were competing for $17.5 million, with the winner on Sunday, Brooks Koepka, earning $3.15 million along with the Wanamaker Trophy. The increase comes after a $3 million boost in 2022 to $15 million. The overall purse is now $6.5 million more than was paid out in 2020 at TPC Harding Park.
The increase wasn’t surprising, perhaps, after the Masters boosted its purse to $18 million in April. Yet the payouts are a bit modest in the face of the $20 million purses being offered in PGA Tour designated events and in LIV Golf League tournaments.
For the time being, the PGA Championship is the second-highest paying men’s major. The USGA paid $17.5 million at US Open in 2022 at The Country Club and the R&A offered $14 million last July at The 150th Open St Andrews. All the majors, trail the Players Championship, which paid out $25 million in March with winner Scottie Scheffler earning $4.5 million.
The evolution of the prize money payout in the PGA Championship offers an interesting look at the trajectory of golf purses in general over the years. Here’s a look at what the payouts had been in the past.
Year: Winner’s Pay, Total Purse
1916: $500, $2,580 (first year of the event)
1931: $1,000, $7,200 (first year winner’s pay increased)
1953: $5,000, $20,700 (first year winner’s pay was $5K)
1958: $5,500, $39,388 (first year of stroke play, also the winner’s amount actually decreased that year)
1965: $25,000, $149,700
1978: $50,000, $300,240
1983: $100,000, $608,099
1988: $160,000, $1,000,000 (first year with a $1M total purse)
1993: $300,000, $1,702,750
1998: $540,000, $2,886,800
2000: $900,000, $5,031,100 (first year
with a $5M total purse)
2003: $1,080,000, $5,938,300 (first year with $1M-plus to the winner)
2009: $1,350,000, $7,484,500
2014: $1,800,000, $9,913,000
2018: $1,980,000, $11,000,000
2021: $2,160,000, $12,000,000
2022: $2,700,000, $15,000,000
2023: $3,150,000, $17,500,000
Here is a breakdown of the prize money payouts for each place in the field.
Win: Brooks Koepka, -9, $3,150,000
T-2: Viktor Hovland, -7, $1,540,000
T-2: Scottie Scheffler, -7, $1,540,000
T-4: Cam Davis, -3, $720,000
T-4: Kurt Kitayama, -3, $720,000
T-4: Bryson DeChambeau, -3, $720,000
T-7: Sepp Straka, -2, $555,000
T-7: Rory McIlroy, -2, $555,000
T-9: Patrick Cantlay, -1, $465,000
T-9: Cameron Smith, -1, $465,000
T-9: Justin Rose, -1, $465,000
T-12: Shane Lowry, E, $365,000
T-12: Victor Perez, E, $365,000
T-12: Corey Conners, E, $365,000
T-15: Michael Block, +1, $288,333
T-15: Eric Cole, +1, $288,333
T-15: Tyrrell Hatton, +1, $288,333
T-18: Mito Pereira, +2, $214,400
T-18: Xander Schauffele, +2, $214,400
T-18: Min Woo Lee, +2, $214,400
T-18: Patrick Reed, +2, $214,400
T-18: Tommy Fleetwood, +2, $214,400
T-23: Alex Smalley, +3, $165,000
T-23: Matt NeSmith, +3, $165,000
T-23: Ryan Fox, +3, $165,000
T-26: Collin Morikawa, +4, $135,000
T-26: Hayden Buckley, +4, $135,000
T-26: Justin Suh, +4, $135,000
T-29: Callum Tarren, +5, $90,136
T-29: Patrick Rodgers, +5, $90,136
T-29: KH Lee, +5, $90,136
T-29: Denny McCarthy, +5, $90,136
T-29: Adam Scott, +5, $90,136
T-29: Jordan Spieth, +5, $90,136
T-29: Harold Varner III, +5, $90,136
T-29: Keegan Bradley, +5, $90,136
T-29: Chris Kirk, +5, $90,136
T-29: Taylor Pendrith, +5, $90,136
T-29: Hideki Matsuyama, +5, $90,136
T-40: Adrian Meronk, +6, $46,900
T-40: Thomas Detry, +6, $46,900
T-40: JT Poston, +6, $46,900
T-40: Adam Hadwin, +6, $46,900
T-40: Lucas Herbert, +6, $46,900
T-40: Beau Hossler, +6, $46,900
T-40: Chez Reavie, +6, $46,900
T-40: Thomas Pieters, +6, $46,900
T-40: Adam Svensson, +6, $46,900
T-40: Sahith Theegala, +6, $46,900
T-50: Padraig Harrington, +7 $37,625
T-50: Nicolai Hojgaard, +7 $37,625
T-50: Jon Rahm, +7 $37,625
T-50: Stephan Jaeger, +7 $37,625
54: Dean Burmester, +8, $36,000
T-55: Lee Hodges, +9, $35,000
T-55: Max Homa, +9, $35,000
T-55: Dustin Johnson, +9, $35,000
T-58: Phil Mickelson, +10, $33,250
T-58: Zach Johnson, +10, $33,250
T-58: Tom Hoge, +10, $33,250
T-58: Keith Mitchell, +10, $33,250
T-62: Rikyua Hoshino, +11, $31,500
T-62: Sihwan Kim, +11, $31,500
T-62: Thirston Lawrence, +11, $31,500
T-65: Taylor Montgomery, +12, $29,750
T-65: Justin Thomas, +12, $29,750
T-65: Matt Wallace, +12, $29,750
T-65: Pablo Larrazabal, +12, $29,750
T-69: Ben Taylor, +13, $28,000
T-69: Joel Dahmen, +13, $28,000
T-69: Yannik Paul, +13, $28,000
T-72: Taylor Moore, +15, $26,500
T-72: Tony Finau, +15, $26,500
T-72: Sam Stevens, +15, $26,500
75: Mark Hubbard, +18, $25,500
76: Kazuki Higa, +20, $25,000







