The Open may have the smallest purse of any Major, but the prize pool has increased this year to $10.75 million (£8.56m), whilst the winner will pocket $1.935 million (£1.54m).

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Open Championship Prize Money: How Does It Compare To Other Sports?

This year’s Open Championship is the richest tournament ever and the Open Championship prize money has been announced.

Last year saw Francesco Molinari take home $1.89 million (£1.5m) for his first Major win at Carnoustie, whilst in 2016 Henrik Stenson won $1.53 million (£1.2m), $400,000 less than the winner at Royal Portrush this year will receive.

In contrast, the US Open has the joint-largest purse in golf with the Players Championship, as last month Gary Woodland won $2.25 million (£1.79m) from a pot of $12.5 million (£9.95m) for his victory at Pebble Beach.

Meanwhile Tiger Woods received $2.07 million (£1.65m) for winning the Masters, whilst Brooks Koepka’s second consecutive PGA Championship title netted him $1.98 million (£1.58m).

The R&A have also announced in the past week that total prize money for August’s Women’s British Open will rise by 40% to $4.5million (£3.58m).

The winner will receive $675,000 (£537,500), nearly $200,000 more than the $490,000 (£390,000) won by Georgia Hall in 2018.

Chairman Martin Slumbers said, “This is an important first step. We know it will take time to move closer to achieving parity with the men’s game.”

How does this compare to other sports?

Whilst sports like football, F1, cricket and rugby pay out salaries rather than for individual events, some comparisons between sports can still be made.

Prize money for the Open is dwarfed by horse racing’s Dubai World Cup Night, in which the winning horse receives a cool $12 million (£9.55m).

The Grand National is much less lucrative, with the winner claiming only £561,000 (£445,000).

The World Series of Poker Main Event, the $10,000 buy-in No Limit Hold’em Championship, has a prize pool of around $75 million (£59.75m).

Last year’s winner, John Cynn, won $8.8 million (£7m).

The Men’s and Ladies’ Wimbledon Champions will receive nearly $3 million (£2.35m) for their efforts, a 4.44% increase on 2018.

This is still less than the Australian Open, in which the winners of the single tournaments will win $3.2 million each (£2.55m).

Yet four days of work at the Open outweighs three weeks at the Tour de France, where the winning cyclist will secure $500,000(£400,000) in prize money – merely finishing only results in $1,000 of spending money.

Meanwhile, Judd Trump won £500,000 for winning the 2019 World Snooker Championship; exactly the same as Michael Van Gerwen took for winning the PDC darts world title.

How does this compare to other sports?

Prize money for individual winner:

The Open Championship: $1.89m (£1.4m)

Wimbledon: £2.35m

Tour de France: €500,000 (£426,500)

Grand National: £561,300

Snooker World Championship: £500,000

PDC Darts World Championship: £500,000

London Marathon: $55,000 (£42,500)

World Nine-ball Pool Championship: $40,000 (£32,000)

US Olympic Gold Medallists: $37,500 (£29,800)

Winning a World Surf League Event: $100,000 (£80,000)

Floyd Mayweather defeating Conor McGregor in 2017: $275m (£219m)

Kitzbühel Downhill Skiing: €55,000 (£49,000)

World Indoor Bowls: £55,000

So while the Open Championship is not the richest prize in golf, it is certainly one of the biggest prizes in the world of sport. And shows what a great place the top end of the game is in currently.

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