Memorial Tournament Payout Distribution 2024: Purse and Winner’s Prize Money
The PGA Tour’s top players gathered in Dublin, Ohio, for the 2024 Memorial Tournament at Muirfield Village Golf Club, a prestigious event with a significantly elevated purse. This tournament, being the seventh signature event of the PGA Tour season, saw increased attention despite the upcoming third major of the year. The Memorial Tournament offered players…
The PGA Tour’s top players gathered in Dublin, Ohio, for the 2024 Memorial Tournament at Muirfield Village Golf Club, a prestigious event with a significantly elevated purse. This tournament, being the seventh signature event of the PGA Tour season, saw increased attention despite the upcoming third major of the year. The Memorial Tournament offered players a final chance to fine-tune their skills before the major, but it also provided a substantial incentive with a massive prize purse.
2023 champion Viktor Hovland was in the mix again this year until a challenging back nine derailed his chances of defending his title. The demanding Muirfield Village course proved difficult as Hovland bogeyed four consecutive holes and then made a triple bogey on the 16th hole, resulting in a 42 on the back nine. While Hovland’s hopes faded, other players stepped up and positioned themselves well going into the final round.
World No. 1 Scottie Scheffler led the field into the final day, aiming for his fifth win of the season. He handled the pressure of the third round with a solid 1-under 71, giving him a four-shot lead over his closest competitors. Scheffler joined an elite group of players who had maintained a significant lead heading into the final round of a PGA Tour event this season. He hoped to follow the winning footsteps of Robert MacIntyre and Davis Riley, who had secured victories under similar circumstances in recent tournaments.
With Collin Morikawa, Sepp Straka, and Adam Hadwin trailing four shots behind, the final round promised intense competition. The winner would not only have the honor of receiving the trophy from the legendary Jack Nicklaus but also enjoy a substantial financial reward from this year’s prize purse.
#### 2024 Memorial Tournament Purse and Winner’s Prize Money
The 2024 Memorial Tournament featured a purse of $20 million, matching the amount from the previous year. The winner’s share was a staggering $4 million, representing 20% of the total purse. This year’s purse maintained the standard for signature events on the PGA Tour and was a significant increase from the $12 million purse in 2022. The winner’s prize was consistent with the payouts at other major events like the Arnold Palmer Invitational, setting a high bar for tournament winnings.
#### Payout Distribution for 2024 Memorial Tournament
Here’s a detailed breakdown of the prize money distribution for the 2024 Memorial Tournament at Muirfield Village:
| **Finishing Position** | **Prize Money** |
|————————|—————–|
| 1st | $4,000,000 |
| 2nd | $2,200,000 |
| 3rd | $1,400,000 |
| 4th | $1,000,000 |
| 5th | $840,000 |
| 6th | $760,000 |
| 7th | $700,000 |
| 8th | $646,000 |
| 9th | $600,000 |
| 10th | $556,000 |
| 11th | $514,000 |
| 12th | $472,000 |
| 13th | $430,000 |
| 14th | $389,000 |
| 15th | $369,000 |
| 16th | $349,000 |
| 17th | $329,000 |
| 18th | $309,000 |
| 19th | $289,000 |
| 20th | $269,000 |
| 21st | $250,000 |
| 22nd | $233,000 |
| 23rd | $216,000 |
| 24th | $200,000 |
| 25th | $184,000 |
| 26th | $168,000 |
| 27th | $161,000 |
| 28th | $154,000 |
| 29th | $147,000 |
| 30th | $140,000 |
| 31st | $133,000 |
| 32nd | $126,000 |
| 33rd | $119,000 |
| 34th | $114,000 |
| 35th | $109,000 |
| 36th | $104,000 |
| 37th | $99,000 |
| 38th | $94,000 |
| 39th | $90,000 |
| 40th | $86,000 |
| 41st | $82,000 |
| 42nd | $78,000 |
| 43rd | $74,000 |
| 44th | $70,000 |
| 45th | $66,000 |
| 46th | $62,000 |
| 47th | $58,000 |
| 48th | $56,000 |
| 49th | $54,000 |
| 50th | $52,000 |
| 51st | $51,000 |
| 52nd | $50,000 |
| 53rd | $49,000 |
| 54th | $48,000 |
| 55th | $47,000 |
| 56th | $46,000 |
| 57th | $45,000 |
| 58th | $44,000 |
| 59th | $43,000 |
| 60th | $42,000 |
| 61st | $41,000 |
| 62nd | $40,000 |
| 63rd | $39,000 |
| 64th | $38,000 |
| 65th | $37,000 |
| 66th | $36,000 |
| 67th | $35,000 |
| 68th | $34,000 |
| 69th | $33,000 |
| 70th | $32,000 |
With this lucrative distribution, the top 52 finishers at the Memorial Tournament were guaranteed at least $50,000, and those who finished in the top 36 earned six-figure payouts. Each of the top four finishers took home over a million dollars. The Memorial Tournament’s prize distribution underscores the significance of signature events on the PGA Tour, offering substantial financial rewards and crucial points in the race to the Tour Championship at East Lake.
In addition to the prize money, the winner of this year’s Memorial Tournament received 700 FedEx Cup points, adding to the allure of this prestigious event as players vie for a spot in the season-ending Tour Championship.