2024 PGA Championship at Valhalla features record purse, first-place prize money

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 106 ^th 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

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