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August 1, 2026
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Masters record of $2.7 million awaits winner

AUGUSTA, Ga. — The Latest on the Masters (all times local):

11:05 a.m.

The Masters winner gets a gold medal, a green jacket, a lifetime invitation back to Augusta National and a sterling silver trophy.

And this year, more money than anyone has ever won at the Masters.

Augusta National announced Saturday that the winner of this year’s tournament gets $2.7 million out of a total purse of $15 million. Both are tournament records.

It’s about a 30% increase over last year, when Hideki Matsuyama got $2.07 million from a purse of $11.5 million.

In terms of total dollars, it’s by far the biggest one-year increase in Masters history. Percentage-wise, the tournament saw a bigger jump from 1982 to 1983, when the purse and winner’s share both increased about 40%. The winner in 1982 got $64,000; the winner in 1983 got $90,000.

The Masters purse and first-place check now match what is offered at the first two stops of the FedEx Cup Playoffs — the St. Jude Championship and the BMW Championship.

If Tiger Woods finishes eighth or better, he’ll eclipse $10 million in career Masters earnings alone. A solo eighth finish would pay $465,000. Woods entered this week with $9,556,069 won in his Masters career, by far the most in tournament history.

It is sunny, it is chilly and the third round of the Masters has started at Augusta National.

The temperature was in the low 50′s when play got underway for the day on Saturday, unseasonably cool. But the rain from earlier in the week is long gone, with puffy clouds the only thing blocking the view of blue sky over the Masters.

Scottie Scheffler has a five-shot lead going into the third round. He doesn’t tee off until 2:50 p.m. and will play with Charl Schwartzel.

Tiger Woods is nine shots back to start the day. He tees off at 1 p.m.

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