Open Championship Prize Money by Year: What the Champion Earns

The winner of the 2025 Open Championship earned $3.1 million from a total purse of $17 million, numbers worth holding against the championship’s origin: the first Open, in 1860, paid its winner nothing at all. Not a reduced sum, nothing, the champion received a red leather belt to hold for a year, and when modest prize money arrived a few years later, the winner initially still got only the belt while the cash went to the runners-up.

The 166-year journey between those two figures tracks the entire economic history of professional golf: decades of pocket-change purses, the television inflection, the Tiger boom, and the modern majors arms race that pushed the jug’s payday past $3 million. The 2026 purse at Royal Birkdale will be announced championship week, and this page updates the moment it is.

The chart below covers the current numbers, the recent year-by-year purse growth, the historical milestones, how The Open pays against the other majors, and where the rest of the money goes. Take a look, then we’ll break it all down.

Open Prize Money
From a leather belt to $3.1 million: what the Champion Golfer earns
$17M
2025 total purse
$3.1M
2025 winner’s share
£0
1860 winner’s cash
2017
purse switched to USD
Recent purses & winner’s shares
Year Purse / Winner’s share
2026 Announced championship week — this row updates the day it drops
2025 $17M / $3.1M (Scheffler, Portrush)
2024 $17M / $3.1M (Schauffele, Troon)
2023 $16.5M / $3M (Harman, Hoylake)
2022 $14M / $2.5M (Smith, the 150th at St Andrews)
2021 $11.5M / $2.07M (Morikawa)
2019 $10.75M / $1.935M (Lowry; no 2020 championship)
2017 $10.25M / $1.845M — the first purse set in US dollars
The decade’s shape: the purse has roughly two-thirds grown since the dollar switch, with the sharpest jumps in 2022-23 as the majors responded to golf’s league wars.
The historical milestones
1860 No prize money at all: the winner holds the Challenge Belt for a year
1863-64 First prize fund arrives (£10, initially for the runners-up!); the winner’s first cash follows: £6
The long crawl For a century the Open paid working-wage sums; champions kept day jobs as club pros
The TV era Broadcast money bends the curve upward from the 1960s-70s onward
2017 The R&A prices the purse in dollars: an acknowledgment of golf’s economic center
2022-25 The arms-race years: $14M to $17M as every major supersized
The 1863 arrangement is the record book’s best absurdity: the champion got the belt and NO money while second through fourth split the £10, prestige literally priced above cash.
The Open vs. the other majors
The tier All four majors now pay in the same $17-21M purse neighborhood
The Open’s spot Historically the most conservative purse of the four, by philosophy as much as economics
The R&A’s stance Revenue is steered into growing golf globally, not maximizing the check
What no major buys The jug: champions universally rank it above the wire transfer
Exact cross-major comparisons shift annually as each purse is announced; the durable fact is parity, no major is “the rich one” anymore, and none is cheap.
Where the rest of the money goes
The full field Every player who makes the cut is paid on a sliding scale to last place
Missed-cut money The Open pays players who MISS the cut a set sum, rare among big events
The medals The champion’s gold medal and the Silver Medal for low amateur (who earns no cash)
The amateur rule Amateurs in the field can’t take prize money; their shares redistribute
The missed-cut payment is the open-door principle in accounting form: a qualifier who fights into the field and goes home Friday still leaves with more than travel money.
Figures per R&A announcements (2025: $17M purse, $3.1M winner). The 2026 purse will be confirmed during championship week at Royal Birkdale (July 16-19) and this page updates immediately. Current as of July 2026.

From a belt to $3.1 million

The Open’s prize history starts with a number that stuns modern readers: zero. The 1860 champion received the Challenge Belt, custody, not cash, and when a prize fund first appeared in 1863 (£10 total), it went to the runners-up while the winner still took only the belt; the champion’s first actual payment, £6, arrived a year later. That pricing of prestige above money set the tone for a century in which Open champions kept their day jobs as club professionals and greenkeepers, and the purse crawled upward at working-wage pace until television bent the curve in the 1960s and 70s. The modern ledger runs through the 2017 switch to US dollars, a quiet acknowledgment of where professional golf’s economy lives, and the 2022-25 arms-race years, when every major supersized in response to golf’s league wars, landing the purse at $17 million and the winner’s share at $3.1 million by 2025.

How the money is built, and the R&A’s restraint

The purse’s architecture reflects the championship’s open-door identity. Every player making the cut is paid down to last place; amateurs, by rule, take nothing (the low amateur receives the Silver Medal instead, one of golf’s most cherished non-payments); and, unusually among marquee events, The Open pays players who miss the cut a set amount, meaning the club pro who survives Final Qualifying leaves Birkdale with real money even after a Friday exit. Against the other majors, The Open has historically run the most conservative purse of the four, a philosophical choice as much as an economic one: the R&A publicly steers championship revenue into global golf development rather than winner’s-check maximalism, betting, correctly, that nobody has ever chosen a major by payday. All four majors now live in the same $17-21M neighborhood; parity, not hierarchy, is the modern story.

The 2026 number, and what to watch

The Royal Birkdale purse follows the R&A’s usual rhythm: announced during championship week, typically with a modest rise on the prior year, and this page’s top row updates the day it drops, with the winner’s share confirmed by Sunday night. The subtext worth watching in 2026 is the same as the last three years, whether the majors keep escalating in step or the purse race plateaus, and the eternal footnote holds regardless: the champion’s most valuable earning remains the year with the jug, the gold medal, and a title, Champion Golfer of the Year, that has never had a price. The belt-to-millions arc is complete; the annual increments are just interest.

Final Word

Open Championship prize money by year: from the cash-free Challenge Belt of 1860 and the £6 first winner’s payment, through a century of working-wage purses, the TV inflection, the 2017 dollar switch, and the majors arms race, to 2025’s $17 million purse and $3.1 million winner’s share, with missed-cut payments and an unpaid Silver Medalist preserving the championship’s open-door soul. The 2026 figure lands during Birkdale week, and the top row above updates the moment it does.

What the money can’t buy is explained in the Claret Jug explained, everyone who’s earned it is listed in Open winners by year, and tennis’ equivalent ledger is in Wimbledon prize money by year.