The PGA of America announced earlier today (Saturday morning US time) this year’s prize money payout would be a record $20.5 million, a $1.5 million increase from a year ago, with the winner earning a cool $3.69 million.

However, this still puts the PGA Championship third highest among the majors behind the U.S. Open ($21.5 million) and the Masters ($21.5 million last month 2026). The Open Championship paid out $17 million at Royal Portrush last July.

RECORD-BREAKING @PGAChampionship PRIZE PURSE OF $US 2⃣0⃣.5⃣m up $US 1.5m on last year.

Aronimink to receive cool $US 3⃣.6⃣9⃣m

Despite record purse still third behind @TheMasters & @usopengolf with $US 2⃣1⃣m

Read:https://t.co/fNmcehDEx1 pic.twitter.com/X7E7Nal0AW

— Fatiha (@TOURMISS) May 16, 2026

Here’s how the full 2026 PGA Championship prize money breaks down for all finishers:

1st place: $3,690,000

2nd place: $2,214,000

3rd place: $1,394,000

4th place: $984,000

5th place: $820,000

6th place: $727,600

7th place: $681,050

8th place: $636,400

9th place: $593,700

10th place: $553,000

11th place: $514,160

12th place: $477,300

13th place: $442,370

14th place: $409,390

15th place: $378,340

16th place: $349,240

17th place: $322,080

18th place: $296,850

19th place: $273,570

20th place: $252,230

21st place: $232,830

22nd place: $215,370

23rd place: $199,840

24th place: $187,230

25th place: $175,110

26th place: $163,460

27th place: $152,310

28th place: $141,640

29th place: $131,450

30th place: $121,750

31st place: $113,990

32nd place: $107,200

33rd place: $101,380

34th place: $96,530

35th place: $92,650

36th place: $88,960

37th place: $85,370

38th place: $81,880

39th place: $78,480

40th place: $75,180

41st place: $71,980

42nd place: $68,880

43rd place: $65,870

44th place: $62,960

45th place: $60,150

46th place: $57,430

47th place: $54,810

48th place: $52,290

49th place: $49,860

50th place: $47,540