The 12 Golfers Who’ve Earned The Most Money Competing In The Masters

Golfers who win The Masters join a pretty exclusive club filled with legendary names who helped cement their reputation as one of the greats by winning at least one green jacket. You can also earn a ton of money based on how you play at the major, and some guys have managed to rack up a very hefty sum at Augusta National over the years.

These golfers have won more money while competing at The Masters than any other players

Augusta National Golf Club served as the host of The Masters for the first time in 1934, and the initial field featured a grand total of 72 golfers who were competing for a grand prize of $1,500 and a piece of a purse that was set at $5,000 (the equivalent of around $36,500 $122,000 in 2026, respectively).

The tournament has become an increasingly lucrative venture since then. In 2026, Rory McIlroy took home $4.2 million to make the victory that had long eluded him even sweeter, and the rest of the field split a purse of $21 million (pros who failed to make the cut still got $25,000 just for showing up).

Based on how much those payouts have risen over the past decade (the 2016 purse was $10 million with a $1.8 million top prize), we’re going to see plenty of reshuffling when it comes to the list of players who’ve earned the most money at The Masters over the course of their career.

With that said, here’s what it looked like prior to the start of the tournament in 2026.

12. Adam Scott: $4,058,807

Average Earnings Per Tournament: $169,116

Every single person on this list has won The Masters on at least one occasion. That includes Adam Scott, who became the first Australian to get a green jacket when he won in 2013 and added a cool $1.44 million to his bank account.

11. Hideki Matsuyama

Average Earnings Per Tournament: $353,738

As was the case with Scott, Hideki Matsuyama was the first person hailing from his country to claim a victory at The Masters. In 2021, he got it done for Japan and pocketed $2,070,000 in the process before using some of it to fund a Champions Dinner with one of the best menus ever assembled.

He’s helped his cause with two Top 10 finishes and five more in the Top 20 while only missing the cut once in his fourteen appearances.

Two of those came as an amateur, and as I’ll be doing with other golfers who also debuted as one, the average earnings here only reflect the tournaments where he had the ability to make money.

10. Bubba Watson: $4,467,230

Average Earnings Per Tournament: $262,778

Bubba Watson is the first two-time winner listed here, and he earned a spot with the help of the $1,440,000 he got for his first victory in 2012 and the $1.62 million he took home after his second in 2014.

He used some of that money for what are widely considered the least inspired meals served at the Champions Dinner in recent memory, both of which revolved around Caesar salad, grilled chicken breast, and confetti cake.

9. Dustin Johnson: $4,662,235

Average Earnings Per Tournament: $310,815

Dustin Johnson had a stellar run at The Masters in the second half of the 2020s that was sandwiched by two largely unremarkable ones.

He bounced back from a missed cut in 2014 to finish in a tie for 6th, which was the first of four straight occasions where he finished in the top ten before he added a fifth to that run with his win during the pandemic-delayed tournament in 2020.

8. Jon Rahm: $5,153,817

Average Earnings Per Tournament: $572,646

Rahm is one of two guys on this list who have fewer than 10 appearances at The Masters and numbers that highlight just how much the payouts have increased over the past few years.

The Spaniard has certainly helped his own cause by finishing in the Top 10 in five of his nine starts at Augusta National, which includes the victory in 2023 that netted him $3.24 million.

7. Patrick Reed: $5,460,851

Average Earnings Per Tournament: $455,071

Patrick Reed struggled during his first few appearances at The Masters. However, he got his act together in 2018 after missing the cut the previous year to win what remains the only major of his career and earned $1.98 million.

He’s had four finishes in the Top 10 since then (with two of them in the Top 5), and he picked a good time to get hot at Augusta National based on how the payments have grown during that stretch.

6. Jordan Spieth: $6,361,828

Average Earnings Per Tournament: $530,152

There aren’t many golfers who’ve had a hotter start at The Masters than Jordan Spieth, who came in a tie for second in his debut at The Masters in 2014, won it the following year while winning $1.8 million, and followed that up with another runner-up finish.

It’s been a bit of a roller coaster since 2019. Spieth has had the same number of missed cuts and Top 10 finishes (two apiece) but has still been able to slowly but surely pad his overall total.

5. Justin Rose: $6,681,765

Average Earnings Per Tournament: $334,088

Every single person on this list has won The Masters at least once with the exception of Justin Rose, who has come painfully close as one of just two players who have lost in a playoff at the major on two occasions (Ben Hogan is the other member of that club).

He would probably trade all the money he’s won at Augusta National for a single victory, but it would be a very hefty exchange based on how much he’s accrued in his 20 appearances since 2003.

4. Scottie Scheffler: $8,045,325

Average Earnings Per Tournament: $1,340,888

No one highlights the recent purse inflation at The Masters better than Scottie Scheffler, who is the only person on this list who’s averaged more than $1 million per start so far.

He’s never finished lower than 19th since making his debut in 2019, and his wins in 2022 and 2024 respectively paid out $2.7 million and $3.6 million.

3. Rory McIlroy: $8,543,021

Average Earnings Per Tournament: $502,530

As I mentioned above, there will probably be a lot of movement on this list in the coming years due to the steady rise of prize money up for grabs.

Rory McIlroy helps highlight that reality, as he was sitting in the eighth spot here ahead of The Masters in 2025 before springing into third due to the $4.2 million he earned.

2. Tiger Woods: $9,642,636

Average Earnings Per Tournament: $385,705

You had to know it was only a matter of time until Tiger Woods showed up here, although you may be surprised to learn he does not occupy the top spot.

Tiger has won The Masters five times, with the payouts looking like this:

• 1997: $486,000
• 2001: $1,008,000
• 2002: $1,008,000
• 2005: $1, 260,000
• 2019: $2,070,000

Tiger was the first winner to both earn over $1 million and $2 million for a single win, and he padded the total with the help of six Top 5 finishes that contributed to the nine that came in the Top 10.

1. Phil Mickelson: $9,870,317

Average Earnings Per Tournament: $329,011

I was somewhat surprised to learn Phil Mickelson has the edge over Tiger here, and he can probably credit Woods for helping to inject some new life into the sport of golf and, in turn, helping to boost the paydays he took home following his three wins at The Masters ($1.17 million in 2004, $1.26 million in 2006, and $1.35 million in 2010).

Lefty has also been near the top of the leaderboard more often than not, as he boasts an incredibly impressive résumé that includes 16 Top 10 finishes in the 31 editions of the major he’s competed in as a pro (including eight in a row between 1999 and 2006).