PGA Championship Payout: How Much Do the Winners Take Home? The 2022 PGA Championship took place over the weekend in Tulsa, Oklahoma.

By Emily Rella Edited by Amanda Breen

Opinions expressed by Entrepreneur contributors are their own.

Sam Greenwood | Getty Images

It's no new news that professional athletes are paid quite handsomely to play their respective sports.

For sports like tennis and golf, where big-name tournaments draw in players and spectators a few times a year, the purse payouts for winners tend to come in a large lump sum.

This year's PGA Championship, which took place at Southern Hills Country Club in Tulsa, Oklahoma, was no different, with the final championship purse being bumped up to a whopping $15 million total.

But how are PGA tour purse payouts divided?

The largest PGA Championship purse payout, of course, goes to the first place winner, which was Justin Thomas.

Related: The Masters: 10 Inspirational Golf Quotes for Entrepreneurs

According to the PGA Championship rules, the first place golfer takes home 18% of the total championship purse.

The projected earnings for the second, third and fourth winners were $1.62 million, $1.02 million and $720,000, respectively.

However, since third and fourth place were tied this year, the total projected earnings for third and fourth place were combined and then divided evenly amongst the players.

The championship purse money is funded by a combination of sources, the majority of which comes from major TV networks with the rest coming from sponsors of the tournament, per Golfweek.

Thomas, who also won the esteemed tournament in 2017, won in an unexpected comeback after going into the last round a solid seven shots behind fellow golfer Will Zalatoris, who was projected to win at the start of the final round.

The 2022 PGA Champion took home $2.7 million — but he wasn't the only one who took home over $1 million over the weekend.

Zalatoris also walked away with a pretty penny, earning an estimated $1.62 million for his gameplay.

Related: How Playing Golf Can Help You Build Key Business Acumen

Fellow golfers Mito Pereiro and Cameron Young each took home just shy of seven figures with their $870,000 in prize money.

The lowest earning player, Sepp Straka, still took home $23,700 for ranking 78th in the tournament.

In 2021, Phil Mickelson won the championship and earned $2.16 million from the purse, earning slightly less than Thomas for clinching the top spot.

The 2022 PGA Champonship was the second major of the year, following The Masters which took place in the beginning of April.

The next major set to take place is the U.S. Open, which begins on June 13 in Brookline, Massachusetts.

Emily Rella

Senior News Writer

Emily Rella is a Senior News Writer at Entrepreneur.com. Previously, she was an editor at Verizon Media. Her coverage spans features, business, lifestyle, tech, entertainment, and lifestyle. She is a 2015 graduate of Boston College and a Ridgefield, CT native. Find her on Twitter at @EmilyKRella.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

A New Hampshire City Was Named the Hottest Housing Market in the U.S. This Year. Here's the Top 10 for 2024.

Zillow released its annual lists featuring the top housing markets, small towns, coastal cities, and geographic regions. Here's a look at the top real estate markets and towns in 2024.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

'We're Not Allowed to Own Bitcoin': Crypto Price Drops After U.S. Federal Reserve Head Makes Surprising Statement

Fed Chair Jerome Powell's comments on Bitcoin and rate cuts have rattled cryptocurrency investors.

Business Ideas

Is Your Business Healthy? Why Every Entrepreneur Needs To Do These 3 Checkups Every Year

You can't plan for the new year until you complete these checkups.