Last Place Masters Payout
The Masters Tournament pays a guaranteed minimum to the last-place finisher. The exact last-place check varies slightly each year based on the total purse, but it typically falls in the low six figures. The winner receives a significantly larger share, while the last-place player still earns a meaningful payout.
How the Masters Payout Structure Works
The Masters uses a tiered payout structure where every player in the cut receives a portion of the purse. The winner gets the largest share, and the remaining players are paid based on their final position. The last place earns the smallest individual share, but the tournament covers travel and expenses for all competitors.
Comparing Last Place to the Winner
The winner’s share is many times larger than the last-place payout. For example, the winner historically takes home several million dollars, while the last-place finisher receives a much smaller, yet still substantial, check. This structure ensures that even the lowest-finishing player earns a notable prize from the Masters purse.
