Updated on Sunday, June 18th, 2023
In order to project live money earnings for PGA Tour Golf Pools the payout percentages and methodology below is used for standard PGA Tour Events, The Masters, The PGA Championship, The U.S. Open, and The Open Championship (British Open), and the European Tour (DP World Tour).
Table of Contents
- How Are PGA Tour Purse Payouts Divided?
- PGA Tour Payout Percentages (Standard)
- European Tour (DP World Tour) Payout Percentages (Standard)
How are PGA Tour Purses Divided?
- For most PGA Tour tournaments, the top 65 players that make the cut are paid from the purse, using the pga tour payout percentages listed below. This was new for 2019-20 season. Before 2019 the top 70 golfers made the cut and earnings.
- Major golf tournaments purse payouts and cut rules are slightly different that standard PGA Tour allocations.
- The Masters cut includes the top 50 players plus ties.
- The PGA Championship cut includes the top 70 players plus ties.
- The U.S. Open cut includes the top 60 players plus ties.
- The Open Championship cut includes the top 70 players plus ties.
- If golfers are tied, they split the earnings awarded to all finishing positions from their finisihing position plus the number of golfers golfers with whom they are tied. For example, two golfers tie for second, they split the money paid out to 2nd place and 3rd place.
- Amateurs do not receive earnings. For example, if an amateur places solo 3rd, they receive $0 and the 4th place golfer receives what would normally be awared to the 3rd place golfer. All other positions below 3rd also get bumped up by a place in terms of their earnings.
- Some PGA Tour events use a different formula than the standard pga tour payout percentages table below.
- If more than 65 players make the cut then the PGA Tour will throw in some extra cash, in addition to the normal purse, to payout any player finishing beyond 65th place
- Some major tournaments, like the Masters, will pay an appearance fee to golfers that miss the cut. Historically this has been around $10,000 USD. This is not considered official money, however, and therefore is not included in projected earnings or official earnings posted for your golf pool.
- Starting in 2019, the TOUR Championship was earnings were all considered FedExCup BONUS Money and not official earnings.
- Projected earnings are not guarnteed to match official earnings
PGA Tour Payout Percentages
| Finishing Position | % of Purse |
|---|---|
| 1 | 18.000% |
| 2 | 10.900% |
| 3 | 6.900% |
| 4 | 4.900% |
| 5 | 4.100% |
| 6 | 3.625% |
| 7 | 3.375% |
| 8 | 3.125% |
| 9 | 2.925% |
| 10 | 2.725% |
| 11 | 2.525% |
| 12 | 2.325% |
| 13 | 2.125% |
| 14 | 1.925% |
| 15 | 1.825% |
| 16 | 1.725% |
| 17 | 1.625% |
| 18 | 1.525% |
| 19 | 1.425% |
| 20 | 1.325% |
| 21 | 1.225% |
| 22 | 1.125% |
| 23 | 1.045% |
| 24 | 0.965% |
| 25 | 0.885% |
| 26 | 0.805% |
| 27 | 0.775% |
| 28 | 0.745% |
| 29 | 0.715% |
| 30 | 0.685% |
| 31 | 0.655% |
| 32 | 0.625% |
| 33 | 0.595% |
| 34 | 0.570% |
| 35 | 0.545% |
| 36 | 0.520% |
| 37 | 0.495% |
| 38 | 0.475% |
| 39 | 0.455% |
| 40 | 0.435% |
| 41 | 0.415% |
| 42 | 0.395% |
| 43 | 0.375% |
| 44 | 0.355% |
| 45 | 0.335% |
| 46 | 0.315% |
| 47 | 0.295% |
| 48 | 0.279% |
| 49 | 0.265% |
| 50 | 0.257% |
| 51 | 0.251% |
| 52 | 0.245% |
| 53 | 0.241% |
| 54 | 0.237% |
| 55 | 0.235% |
| 56 | 0.233% |
| 57 | 0.231% |
| 58 | 0.229% |
| 59 | 0.227% |
| 60 | 0.225% |
| 61 | 0.223% |
| 62 | 0.221% |
| 63 | 0.219% |
| 64 | 0.217% |
| 65 | 0.215% |
The standard PGA Tour Payout percentages are used to project the PGA Leaderboard Payout for each event live. Checkout the PGA Leaderboard for Today to see who is slated to earn this weekend.
2023 Masters Payouts & Purse Percentages
- The 2023 Masters purse is $18,000,000.
- The winner of the Masters will get $3,240,000.
- The 2023 Masters purse was announced on Saturday, April 8th, 2023.
- The below payout %s are used to project earnings live. These are based on analysis of the 2023 Masters Official Payouts and several online media reports for 2023 payouts.
- In 2023 54 players made the cut, so projected earnings will be included for top 54 players.
- The Masters cut rule is to include the top 50 players plus ties.
- The Masters typically pays an appearance fee to golfers that miss the cut. Historically this has been around $10,000 USD. This is not considered official money, however, and therefore is not included in projected earnings or official earnings posted for your golf pool.
- Amateurs do not receive earnings. For example, if an amateur places solo 3rd, they receive $0 and the 4th place golfer receives what would normally be awared to the 3rd place golfer. All other positions below 3rd also get bumped up by a place in terms of their earnings.
| Finishing Position | % of Purse | 2023 Payout $18M Purse |
|---|---|---|
| 1 | 18.000% | $3,240,000 |
| 2 | 10.800% | $1,944,000 |
| 3 | 6.800% | $1,224,000 |
| 4 | 4.800% | $864,000 |
| 5 | 4.000% | $720,000 |
| 6 | 3.600% | $648,000 |
| 7 | 3.350% | $603,000 |
| 8 | 3.100% | $558,000 |
| 9 | 2.900% | $522,000 |
| 10 | 2.700% | $486,000 |
| 11 | 2.500% | $450,000 |
| 12 | 2.300% | $414,000 |
| 13 | 2.100% | $378,000 |
| 14 | 1.900% | $342,000 |
| 15 | 1.800% | $324,000 |
| 16 | 1.700% | $306,000 |
| 17 | 1.600% | $288,000 |
| 18 | 1.500% | $270,000 |
| 19 | 1.400% | $252,000 |
| 20 | 1.300% | $234,000 |
| 21 | 1.200% | $216,000 |
| 22 | 1.120% | $201,600 |
| 23 | 1.040% | $187,200 |
| 24 | 0.960% | $172,800 |
| 25 | 0.880% | $158,400 |
| 26 | 0.800% | $144,000 |
| 27 | 0.770% | $138,600 |
| 28 | 0.740% | $133,200 |
| 29 | 0.710% | $127,800 |
| 30 | 0.680% | $122,400 |
| 31 | 0.650% | $117,000 |
| 32 | 0.620% | $111,600 |
| 33 | 0.590% | $106,200 |
| 34 | 0.565% | $101,700 |
| 35 | 0.540% | $97,200 |
| 36 | 0.515% | $92,700 |
| 37 | 0.490% | $88,200 |
| 38 | 0.470% | $84,600 |
| 39 | 0.450% | $81,000 |
| 40 | 0.430% | $77,400 |
| 41 | 0.410% | $73,800 |
| 42 | 0.390% | $70,200 |
| 43 | 0.370% | $66,600 |
| 44 | 0.350% | $63,000 |
| 45 | 0.330% | $59,400 |
| 46 | 0.310% | $55,800 |
| 47 | 0.290% | $52,200 |
| 48 | 0.274% | $49,320 |
| 49 | 0.260% | $46,800 |
| 50 | 0.252% | $45,360 |
| 51 | 0.246% | $44,280 |
| 52 | 0.240% | $43,200 |
| 53 | 0.236% | $42,480 |
| 54 | 0.232% | $41,760 |
2023 PGA Championship Payouts & Purse Percentages
- The 2023 PGA Championship purse is reported to be $17.5M as of 5/20/23.
- The below payout %s are used to project earnings live. These are based on multiple media sources reporting payout percentages.
- The official PGA Championship earnings could differ slightly. Official earnings will be posted within a few hours of the tournament completion.
- Do not crown a winner for your pool until earnings are marked as "Official" in the leaderboard column title.
- The PGA Championship cut rule is to include the top 70 players plus ties.
- The 2023 PGA Championship had 76 golfers make the cut.
| Finishing Position | % of Purse | 2023 Projected Payout $17.5M Purse |
|---|---|---|
| 1 | 18.000% | $3,150,000 |
| 2 | 10.800% | $1,890,000 |
| 3 | 6.800% | $1,190,000 |
| 4 | 4.800% | $840,000 |
| 5 | 4.000% | $700,000 |
| 6 | 3.543% | $620,000 |
| 7 | 3.286% | $575,000 |
| 8 | 3.057% | $535,000 |
| 9 | 2.857% | $500,000 |
| 10 | 2.657% | $465,000 |
| 11 | 2.457% | $430,000 |
| 12 | 2.257% | $395,000 |
| 13 | 2.086% | $365,000 |
| 14 | 1.914% | $335,000 |
| 15 | 1.766% | $309,000 |
| 16 | 1.646% | $288,000 |
| 17 | 1.531% | $268,000 |
| 18 | 1.417% | $248,000 |
| 19 | 1.303% | $228,000 |
| 20 | 1.217% | $213,000 |
| 21 | 1.131% | $198,000 |
| 22 | 1.057% | $185,000 |
| 23 | 1.000% | $175,000 |
| 24 | 0.943% | $165,000 |
| 25 | 0.886% | $155,000 |
| 26 | 0.829% | $145,000 |
| 27 | 0.771% | $135,000 |
| 28 | 0.714% | $125,000 |
| 29 | 0.666% | $116,500 |
| 30 | 0.629% | $110,000 |
| 31 | 0.600% | $105,000 |
| 32 | 0.571% | $100,000 |
| 33 | 0.543% | $95,000 |
| 34 | 0.514% | $90,000 |
| 35 | 0.486% | $85,000 |
| 36 | 0.457% | $80,000 |
| 37 | 0.429% | $75,000 |
| 38 | 0.400% | $70,000 |
| 39 | 0.371% | $65,000 |
| 40 | 0.343% | $60,000 |
| 41 | 0.314% | $55,000 |
| 42 | 0.286% | $50,000 |
| 43 | 0.274% | $48,000 |
| 44 | 0.263% | $46,000 |
| 45 | 0.251% | $44,000 |
| 46 | 0.246% | $43,000 |
| 47 | 0.240% | $42,000 |
| 48 | 0.234% | $41,000 |
| 49 | 0.229% | $40,000 |
| 50 | 0.223% | $39,000 |
| 51 | 0.217% | $38,000 |
| 52 | 0.211% | $37,000 |
| 53 | 0.209% | $36,500 |
| 54 | 0.206% | $36,000 |
| 55 | 0.203% | $35,500 |
| 56 | 0.200% | $35,000 |
| 57 | 0.197% | $34,500 |
| 58 | 0.194% | $34,000 |
| 59 | 0.191% | $33,500 |
| 60 | 0.189% | $33,000 |
| 61 | 0.186% | $32,500 |
| 62 | 0.183% | $32,000 |
| 63 | 0.180% | $31,500 |
| 64 | 0.177% | $31,000 |
| 65 | 0.174% | $30,500 |
| 66 | 0.171% | $30,000 |
| 67 | 0.169% | $29,500 |
| 68 | 0.166% | $29,000 |
| 69 | 0.163% | $28,500 |
| 70 | 0.160% | $28,000 |
| 71 | 0.157% | $27,500 |
| 72 | 0.154% | $27,000 |
| 73 | 0.151% | $26,500 |
| 74 | 0.149% | $26,000 |
| 75 | 0.146% | $25,500 |
| 76 | 0.143% | $25,000 |
2023 U.S. Open Payouts & Purse Percentages
- The 2023 U.S. Open purse is reported to be $20M as of 6/15/23.
- The below payout %s are used to project earnings live. These are based on several media reports for 2023 U.S. Open Money Payouts.
- The official U.S. Open earnings could differ slightly from projections. Official earnings will be posted within a few hours of the tournament completion.
- Do not crown a winner for your pool until earnings are marked as "Official" in the leaderboard column title.
- The U.S. Open cut rule is to include the top 60 players plus ties.
- 65 golfers made the cut at the 2023 U.S. Open
| Finishing Position | % of Purse | 2023 Projected Payout $20M Purse |
|---|---|---|
| 1 | 18.000% | $3,600,000 |
| 2 | 10.800% | $2,160,000 |
| 3 | 7.067% | $1,413,430 |
| 4 | 4.954% | $990,867 |
| 5 | 4.126% | $825,297 |
| 6 | 3.659% | $731,779 |
| 7 | 3.299% | $659,727 |
| 8 | 2.954% | $590,864 |
| 9 | 2.674% | $534,753 |
| 10 | 2.456% | $491,182 |
| 11 | 2.241% | $448,249 |
| 12 | 2.072% | $414,455 |
| 13 | 1.931% | $386,187 |
| 14 | 1.782% | $356,431 |
| 15 | 1.655% | $330,926 |
| 16 | 1.548% | $309,672 |
| 17 | 1.463% | $292,669 |
| 18 | 1.378% | $275,665 |
| 19 | 1.293% | $258,662 |
| 20 | 1.208% | $241,659 |
| 21 | 1.135% | $226,993 |
| 22 | 1.062% | $212,328 |
| 23 | 0.990% | $198,088 |
| 24 | 0.925% | $184,910 |
| 25 | 0.867% | $173,433 |
| 26 | 0.818% | $163,656 |
| 27 | 0.781% | $156,217 |
| 28 | 0.748% | $149,628 |
| 29 | 0.716% | $143,252 |
| 30 | 0.684% | $136,876 |
| 31 | 0.653% | $130,500 |
| 32 | 0.621% | $124,124 |
| 33 | 0.589% | $117,747 |
| 34 | 0.560% | $112,009 |
| 35 | 0.537% | $107,333 |
| 36 | 0.513% | $102,657 |
| 37 | 0.491% | $98,194 |
| 38 | 0.470% | $93,943 |
| 39 | 0.448% | $89,692 |
| 40 | 0.427% | $85,441 |
| 41 | 0.406% | $81,190 |
| 42 | 0.385% | $76,939 |
| 43 | 0.363% | $72,689 |
| 44 | 0.342% | $68,438 |
| 45 | 0.321% | $64,187 |
| 46 | 0.302% | $60,361 |
| 47 | 0.283% | $56,535 |
| 48 | 0.265% | $52,922 |
| 49 | 0.254% | $50,797 |
| 50 | 0.243% | $48,671 |
| 51 | 0.237% | $47,396 |
| 52 | 0.232% | $46,333 |
| 53 | 0.227% | $45,483 |
| 54 | 0.225% | $45,058 |
| 55 | 0.223% | $44,633 |
| 56 | 0.221% | $44,208 |
| 57 | 0.219% | $43,783 |
| 58 | 0.217% | $43,358 |
| 59 | 0.215% | $42,933 |
| 60 | 0.213% | $42,508 |
| 61 | 0.210% | $42,083 |
| 62 | 0.208% | $41,658 |
| 63 | 0.206% | $41,233 |
| 64 | 0.204% | $40,808 |
| 65 | 0.202% | $40,383 |
2023 Open Championship Payouts & Purse Percentages
- The 2023 Open Championship purse is reported to be $16,500,000 as of 7/18/23.
- The below payout %s are used to project earnings live. These are based on multiple media reports for 2023 Open Championship Money Payouts.
- The official Open earnings could differ slightly from projections. Official earnings will be posted within a few hours of the tournament completion.
- Do not crown a winner for your pool until earnings are marked as "Official" in the leaderboard column title.
- The Open cut rule is to include the top 70 players plus ties.
| Finishing Position | % of Purse | 2023 Projected Payout $16.5M Purse |
|---|---|---|
| 1 | 18.182% | $3,000,000 |
| 2 | 10.352% | $1,708,000 |
| 3 | 6.636% | $1,095,000 |
| 4 | 5.158% | $851,000 |
| 5 | 4.148% | $684,500 |
| 6 | 3.594% | $593,000 |
| 7 | 3.088% | $509,500 |
| 8 | 2.604% | $429,700 |
| 9 | 2.285% | $377,000 |
| 10 | 2.064% | $340,500 |
| 11 | 1.879% | $310,000 |
| 12 | 1.665% | $274,700 |
| 13 | 1.565% | $258,300 |
| 14 | 1.465% | $241,800 |
| 15 | 1.362% | $224,800 |
| 16 | 1.252% | $206,600 |
| 17 | 1.192% | $196,600 |
| 18 | 1.136% | $187,500 |
| 19 | 1.088% | $179,600 |
| 20 | 1.037% | $171,100 |
| 21 | 0.988% | $163,100 |
| 22 | 0.939% | $155,000 |
| 23 | 0.889% | $146,700 |
| 24 | 0.839% | $138,500 |
| 25 | 0.811% | $133,800 |
| 26 | 0.776% | $128,000 |
| 27 | 0.747% | $123,300 |
| 28 | 0.722% | $119,100 |
| 29 | 0.690% | $113,900 |
| 30 | 0.655% | $108,000 |
| 31 | 0.633% | $104,500 |
| 32 | 0.601% | $99,200 |
| 33 | 0.580% | $95,700 |
| 34 | 0.564% | $93,000 |
| 35 | 0.544% | $89,800 |
| 36 | 0.522% | $86,200 |
| 37 | 0.498% | $82,200 |
| 38 | 0.473% | $78,000 |
| 39 | 0.456% | $75,200 |
| 40 | 0.441% | $72,800 |
| 41 | 0.423% | $69,800 |
| 42 | 0.402% | $66,400 |
| 43 | 0.384% | $63,400 |
| 44 | 0.362% | $59,800 |
| 45 | 0.342% | $56,400 |
| 46 | 0.324% | $53,400 |
| 47 | 0.311% | $51,300 |
| 48 | 0.299% | $49,300 |
| 49 | 0.285% | $47,000 |
| 50 | 0.278% | $45,900 |
| 51 | 0.272% | $44,900 |
| 52 | 0.267% | $44,100 |
| 53 | 0.263% | $43,400 |
| 54 | 0.259% | $42,800 |
| 55 | 0.255% | $42,100 |
| 56 | 0.252% | $41,500 |
| 57 | 0.249% | $41,100 |
| 58 | 0.247% | $40,800 |
| 59 | 0.245% | $40,500 |
| 60 | 0.244% | $40,200 |
| 61 | 0.242% | $40,000 |
| 62 | 0.241% | $39,800 |
| 63 | 0.240% | $39,600 |
| 64 | 0.239% | $39,400 |
| 65 | 0.238% | $39,200 |
| 66 | 0.236% | $38,900 |
| 67 | 0.234% | $38,600 |
| 68 | 0.232% | $38,300 |
| 69 | 0.230% | $38,000 |
| 70 | 0.229% | $37,800 |
European Tour (DP World Tour) Payout Percentages
- Below table is standard payout percentages, but many tournaments may differ.
- The official could differ slightly from projections. Official earnings will be posted within a few hours of the tournament completion.
- Do not crown a winner for your pool until earnings are marked as "Official" in the leaderboard column title.
- The DP World Tour cut rule is to include the top 65 players plus ties.
| Finishing Position | % of Purse |
|---|---|
| 1 | 16.670% |
| 2 | 11.110% |
| 3 | 6.260% |
| 4 | 5.000% |
| 5 | 4.240% |
| 6 | 3.500% |
| 7 | 3.000% |
| 8 | 2.500% |
| 9 | 2.240% |
| 10 | 2.000% |
| 11 | 1.840% |
| 12 | 1.720% |
| 13 | 1.610% |
| 14 | 1.530% |
| 15 | 1.470% |
| 16 | 1.410% |
| 17 | 1.350% |
| 18 | 1.290% |
| 19 | 1.240% |
| 20 | 1.200% |
| 21 | 1.160% |
| 22 | 1.130% |
| 23 | 1.100% |
| 24 | 1.070% |
| 25 | 1.040% |
| 26 | 1.010% |
| 27 | 0.980% |
| 28 | 0.950% |
| 29 | 0.920% |
| 30 | 0.890% |
| 31 | 0.860% |
| 32 | 0.830% |
| 33 | 0.800% |
| 34 | 0.770% |
| 35 | 0.750% |
| 36 | 0.730% |
| 37 | 0.710% |
| 38 | 0.690% |
| 39 | 0.670% |
| 40 | 0.650% |
| 41 | 0.630% |
| 42 | 0.610% |
| 43 | 0.590% |
| 44 | 0.570% |
| 45 | 0.550% |
| 46 | 0.530% |
| 47 | 0.510% |
| 48 | 0.490% |
| 49 | 0.470% |
| 50 | 0.450% |
| 51 | 0.430% |
| 52 | 0.410% |
| 53 | 0.390% |
| 54 | 0.370% |
| 55 | 0.350% |
| 56 | 0.330% |
| 57 | 0.310% |
| 58 | 0.300% |
| 59 | 0.290% |
| 60 | 0.280% |
| 61 | 0.270% |
| 62 | 0.260% |
| 63 | 0.250% |
| 64 | 0.240% |
| 65 | 0.230% |
| 66 | 0.220% |
| 67 | 0.210% |
| 68 | 0.200% |
| 69 | 0.190% |
| 70 | 0.180% |
As an enthusiast in golf and sports finance, I have in-depth knowledge and expertise in PGA Tour events, including their payout structures, methodologies, and the intricacies of money distribution among professional golfers. My understanding spans across various golf tournaments, including The Masters, The PGA Championship, The U.S. Open, The Open Championship (British Open), and the European Tour (DP World Tour). I've studied the nuances of the purse allocations, cut rules, and how projected earnings are calculated for these tournaments.
In analyzing PGA Tour and major championship payout percentages, I've observed specific patterns in how prize money is divided among players based on their finishing positions. For instance, the standard PGA Tour events generally allocate earnings to the top 65 players who make the cut, using a predetermined percentage breakdown for each position. Before the 2019-20 season, this number was the top 70 players.
The cut rules for major tournaments vary slightly:
- The Masters includes the top 50 players plus ties.
- The PGA Championship includes the top 70 players plus ties.
- The U.S. Open includes the top 60 players plus ties.
- The Open Championship includes the top 70 players plus ties.
The way tied positions affect earnings is also essential. In case of a tie, players split the combined earnings of the tied positions. For example, if two players tie for second place, they divide the prize money for the second and third positions equally.
Amateurs participating in these events don't receive monetary prizes. Instead, their finishing positions can affect the earnings of professional players. If an amateur places among the top positions, the subsequent professional player moves up in the earnings ranking accordingly.
Furthermore, variations exist in payout formulas for specific PGA Tour events, and additional cash might be added to the purse if more than 65 players make the cut.
Appearance fees, often around $10,000 USD historically paid to golfers missing the cut in some major tournaments like the Masters, aren't counted as official money and aren't included in projected or official earnings for golf pools.
Starting in 2019, the TOUR Championship earnings were classified as FedExCup BONUS Money and not included in official earnings.
Projected earnings, calculated based on the specified percentages, might not precisely match the final official earnings due to various factors.
Moreover, the European Tour (DP World Tour) also follows a similar pattern in terms of payouts, albeit with some variations across different tournaments. The standard payout percentages are predetermined for various finishing positions, usually considering the top 65 players and ties for money distribution.
I hope this comprehensive breakdown sheds light on the intricacies of PGA Tour and major tournament payouts, helping you understand the methodologies behind projected earnings and how the prize money is divided among professional golfers in these prestigious events.
