From humble beginnings to astronomical figures, the prize money awarded at the Masters has seen a remarkable transformation over the decades. Since its inception in 1934, the tournament's purse has skyrocketed, reflecting both the sport's growth and the prestige associated with the event. Initially, Horton Smith walked away with $1,500 after securing victory in the inaugural Augusta National Invitation Tournament. Fast forward to recent years, Scottie Scheffler was awarded an impressive $3.6 million for his second Masters triumph in 2024.
Throughout its 88-year history, the financial rewards at the Masters have consistently risen. While no official announcement has been made regarding the total purse or first-place prize for the 2025 edition, trends indicate that the winner’s share will continue to grow. In fact, over the years, the top prize has increased on 53 separate occasions. Key milestones include Arnold Palmer's first five-figure payout in 1958 and Tiger Woods breaking the million-dollar barrier in 2001, showcasing how significantly golfers' earnings have evolved.
Golf has not only grown as a sport but also as an industry capable of rewarding excellence handsomely. The exponential increase in prize money symbolizes more than just financial gain; it highlights the increasing global interest in the Masters and the dedication of players striving for greatness. As new champions emerge each year, they become part of a legacy where talent is recognized and generously compensated, inspiring future generations to pursue their dreams on the green.