The field of 156 at Valhalla Country Club is fighting for the right to be crowned the 2024 PGA Championship winner. Not only does the champion of the event notch a golf major win to their resume, but they also get to take home the Wanamaker Trophy.
However, that's not all. Like every tournament on the PGA Tour, there's a cash prize to be won at the event, with the most money going to the winner — and it's no small amount.
Louisville is the site for this year's PGA Championship, the second major on the PGA Tour. Brooks Koepka enters this year as the defending champion, taking home the Wanamaker Trophy and $3.33 million last year after beating Viktor Hovland and Scottie Scheffler.
How much will the winner be taking home this year from the 2024 PGA Championship?
Here's everything you need to know about this year's purse and winner's share.
LIVE: Follow PGA Championship leaderboard updates from Round 4
PGA Championship tournament purse 2024
The total purse for the 2024 PGA Championship is set at $18.5 million.
It is the same amount of money available as last year. The bump in 2023 was a 16.7-percent increase from the tournament's $15 million purse in 2022.
How much money does the PGA Championship winner get?
The winner at Valhalla Country Club is set to make $3.33 million, or 18 percent of the total prize pool.
It's the same amount as the 2023 event. Last year, it was bumped up from $15 million in 2022.
MORE: List of PGA Championship winners, payouts by year
PGA Championship Tournament payouts 2024
There will be 78 players who make the cut at the 2024 PGA Championship and take home a paycheck as a result.
Below are the payouts for each finishing position. (Source: CBS Sports)
| Place | Payout |
| 1 | $3.33 million |
| 2 | $1.99 million |
| 3 | $1.26 million |
| 4 | $888,000 |
| 5 | $740,000 |
| 6 | $660,580 |
| 7 | $618,300 |
| 8 | $577,790 |
| 9 | $539,030 |
| 10 | $502,040 |
| 11 | $466,810 |
| 12 | $433,340 |
| 13 | $401,630 |
| 14 | $371,690 |
| 15 | $343,500 |
| 16 | $317,080 |
| 17 | $292,420 |
| 18 | $269,520 |
| 19 | $248,380 |
| 20 | $229,000 |
| 21 | $211,390 |
| 22 | $195,530 |
| 23 | $181,440 |
| 24 | $169,990 |
| 25 | $158,980 |
| 26 | $148,410 |
| 27 | $138,280 |
| 28 | $128,590 |
| 29 | $119,340 |
| 30 | $110,540 |
| 31 | $103,490 |
| 32 | $97,330 |
| 33 | $92,040 |
| 34 | $87,640 |
| 35 | $84,110 |
| 36 | $80,770 |
| 37 | $77,510 |
| 38 | $74,340 |
| 39 | $71,250 |
| 40 | $68,260 |
| 41 | $65,350 |
| 42 | $62,530 |
| 43 | $59,800 |
| 44 | $57,160 |
| 45 | $54,610 |
| 46 | $52,140 |
| 47 | $49,760 |
| 48 | $47,470 |
| 49 | $45,270 |
| 50 | $43,160 |
| 51 | $41,130 |
| 52 | $39,190 |
| 53 | $37,340 |
| 54 | $35,580 |
| 55 | $33,910 |
| 56 | $32,320 |
| 57 | $30,830 |
| 58 | $29,590 |
| 59 | $28,540 |
| 60 | $27,660 |
| 61 | $26,950 |
| 62 | $26,440 |
| 63 | $26,000 |
| 64 | $25,590 |
| 65 | $25,190 |
| 66 | $24,800 |
| 67 | $24,430 |
| 68 | $24,060 |
| 69 | $23,690 |
| 70 | $23,340 |
| 71 | $23,060 |
| 72 | $22,830 |
| 73 | $22,650 |
| 74 | $22,470 |
| 75 | $22,350 |
| 76 | $22,230 |
| 77 | $22,140 |
| 78 | $22,100 |
Of note: Among golfers who tied in the final standings, the money they would have made in their respective positions was added up and divided evenly.
For example, Scottie Scheffler and Viktor Hovland tied for second place in 2023. The earnings for the second- and third-place positions — $1.89 million and $1.19 million, respectively — were added together and divided among the two players for their final payout ($1.54 million each, as listed by PGATour.com).
2024 PGA Tour's biggest purses, winner's shares
At one point, the PGA Championship was among the highest-paying events on the calendar. That no longer is the case.
Under the tour's new pay structure, which was introduced to combat defections to LIV Golf, the PGA Championship is far down the list of highest-paying tournaments on the calendar.
Here's where the PGA Championship ranks this year in terms of golf's biggest purses and winner's shares:
Events with identical purses and winner's shares are listed by date on 2024 PGA Tour schedule. U.S. Open and Open Championship figures are from 2023.
| Event | Purse | Winner's share |
| The Players Championship | $25 million | $4.5 million |
| The Genesis Invitational | $20 million | $4 million |
| The Memorial Tournament | $20 million | $4 million |
| Arnold Palmer Invitational | $20 million | $4 million |
| RBC Heritage | $20 million | $3.6 million |
| Wells Fargo Championship | $20 million | $3.6 million |
| Waste Management Open | $20 million | $3.6 million |
| Travelers Championship | $20 million | $3.6 million |
| FedEx St. Jude Championship | $20 million | $3.6 million |
| BMW Championship | $20 million | $3.6 million |
| Sentry Tournament of Champions | $20 million | $3.6 million |
| Masters Tournament* | $20 million | $3.6 million |
| U.S. Open* | $20 million | $3.6 million |
| PGA Championship* | $18.5 million | $3.33 million |
| Open Championship* | $16.5 million | $3 million |
* Major tournament