PGA Championship Prize Money 2016

The PGA Championship money in 2016 totals $10.58 million, with the winner getting $1.89 million on 7/31/16 and the rest getting split up by rank. The table below shows the complete breakdown. Second place still gets over $1 million and even the 20th place player gets over $100,000.

PGA Championship Money 2016

Take a look at the table below for how the 2016 PGA Championship prize money shakes out. The prizes range from $1.89 million for first place all the way down to $20,160 for 20th place and everywhere in between. This is a record purse for a PGA Championship. The 11th place finisher will get over a quarter of a million, which is not bad money for a day of golf where you’re not even in the top ten.

PGA Championship Money 2016
PlacePrize Money
1$1,890,000
2$1,130,000
3$714,000
4$504,000
5$420,000
6$378,000
7$351,750
8$325,500
9$304,500
10$283,500
11$262,500
12$241,500
13$220,500
14$199,500
15$189,000
16$178,500
17$168,000
18$157,500
19$147,000
20$136,500
21$126,000
22$117,600
23$109,200
24$100,800
25$92,400
26$84,000
27$80,850
28$77,700
29$74,550
30$71,400
31$68,250
32$65,100
33$61,950
34$59,325
35$56,700
36$54,075
37$51,450
38$49,350
39$47,250
40$45,150
41$43,050
42$40,950
43$38,850
44$36,750
45$34,650
46$32,550
47$30,450
48$28,770
49$27,300
50$26,460
51$25,830
52$25,200
53$24,780
54$24,360
55$24,150
56$23,940
57$23,730
58$23,520
59$23,310
60$23,100
61$22,890
62$22,680
63$22,470
64$22,260
65$22,050
66$21,840
67$21,630
68$21,420
69$21,210
70$21,000
71$20,790
72$20,580
73$20,370
74$20,160
Total PGA Championship Money$10,577,900

How the Championship Money Gets Split Up

Golfer Money PGAOf course in the real world, there isn’t an exact 1st, 2nd and 3rd place finisher, all the way down to 74th. There are bound to be many ties. In those cases, the money for all those places gets pooled up and split evenly among the players in that niche. In other words, let’s say seven golfers tie for fourth place. That’s a fairly common situation. In that case, the prize money for 4th through 1oth place will be pooled to make a pot of $2,567,250. That then gets divided up equally so the seven 4th place finishers get $366,750 each in PGA Championship money.

To find out more about the money in golf, check out this article on Jordan Spieth’s net worth, this one about Tiger Woods’ net worth or this one about how much money pro golfers make.