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.
106th PGA: Leaderboard | How to watch | Money | Sunday photos
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
Position | Earnings |
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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