The Open Championship prize money has risen by £200,000 to take the total purse to £6.5m, with the winner getting £1.175m

Open Championship Prize Money Announced

The Champion Golfer of the Year will earn a handsome £1,175,000 at next week’s 145th Open Championship at Royal Troon.

The R&A has announced that the total prize money will be £6,500,000, an increase of £200,000 from last year’s tournament which Zach Johnson won.

Martin Slumbers, Chief Executive of The R&A, said, “The Open is one of the world’s great sporting events and it is important that this is reflected in the prize fund.

“We want to continue to attract the world’s best golfers to compete in the Championship each year and to enhance its global appeal.”

Open Championship prize money

2015 Open Champion Zach Johnson won £1.15m. (Photo by Andrew Redington/Getty Images)

2016 Open Championship prize money:

Place    £                                             Place    £

1          £1,175,000                             36        £34,000

2          £675,000                                37        £32,500

3          £433,000                                38        £31,000

4          £337,000                                39        £30,000

5          £271,000                                40        £28,750

6          £235,000                                41        £27,500

7          £201,000                                42        £26,250

8          £170,000                                43        £25,000

9          £149,000                                44        £23,750

10        £135,000                                45        £22,500

11        £122,000                                46        £21,500

12        £108,750                                47        £20,500

13        £102,000                                48        £19,500

14        £95,500                                  49        £18,700

15        £89,500                                  50        £18,300

16        £82,000                                  51        £17,900

17        £78,000                                  52        £17,500

18        £74,000                                  53        £17,250

19        £71,000                                  54        £17,000

20        £68,000                                  55        £16,750

21        £64,500                                  56        £16,500

22        £61,500                                  57        £16,300

23        £58,250                                  58        £16,200

24        £55,000                                  59        £16,100

25        £53,000                                  60        £16,000

26        £50,750                                  61        £15,900

27        £48,750                                  62        £15,800

28        £47,000                                  63        £15,700

29        £45,000                                  64        £15,600

30        £43,250                                  65        £15,500

31        £41,500                                  66        £15,400

32        £39,250                                  67        £15,300

33        £38,000                                  68        £15,200

34        £36,750                                  69        £15,100

35        £35,500                                  70        £15,000

Unlike other weeks, even those who miss the cut at the Open earn money. The leading 10 and ties that miss the cut bag £4,625, the next 20 win £3,700 and all remaining golfers get £3,100.

This only applies to the professionals, so any amateurs in the field are purely playing for pride, exposure and enjoyment – and of course the famous silver medal.

Royal Troon hosts the Open Championship next week for the ninth time.

The last time the Open was at Troon in 2004, Todd Hamilton defeated Ernie Els in a play-off.