Horton Smith won the first Masters in 1934 and in addition to going down in Augusta National lore as the inaugural champion, he also pocketed $1,500 for his historic win. Fast forward to 2025 and it's Rory McIlroy becoming the Masters first $4 million man.
The money has certainly changed over the years. Jack Nicklaus played in 45 Masters and made a record 37 cuts. His career earnings at the tournament are $772,359. Arnold Palmer, who played in 50 Masters and made 23 cuts, earned $204,013.
Tiger Woods, who made the cut for a record-setting 24th consecutive time in 2024, held the top spot on the all-time money list for the Masters until 2023, when Phil Mickelson's surprising tie for second made him the new No. 1 on this list. In 2024, Scheffler joined the top three.
In 2025, Rory McIlroy became the first to win a first-place prize of more than $4 million.
Here are the top 20 money winners all-time at the Masters
Source: masters.com
20. Vijay Singh
Singh won the 2000 Masters by three shots over Ernie Els. Singh has made $2,669,205 in 31 starts, including 2024 when he made the cut.
19. Fred Couples
The 1992 Masters champ has made $2,885,601 in 40 appearances at Augusta National. He became the oldest golfer to make the cut in 2023.
18. Charl Schwartzel
Schwartzel won the Masters in 2011. He has made $3,047,801 in 16 starts.
17. Brooks Koepka
Koepka, the 54-hole leader in 2023, missed the cut in 2025. In 10 Masters appearances, he's earned $3,306,484.
16. Xander Schauffele
Schauffele had a tie for eighth in 2025 and brings his career total to $3,381,637 in eight career starts.
15. Cameron Smith
In nine appearances, Smith has made $3,436,668 at the Masters.
14. Sergio Garcia
Garcia has earned $3,471,530 in 26 Masters Tournaments. He won the tournament in 2017 in his 19th Masters appearance.
13. Angel Cabrera
Cabrera, the 2009 Masters champ, has made $3,553,257 in 21 appearances.
12. Lee Westwood
Westwood has made 21 Masters appearances and has won $3,687,748.
11. Adam Scott
Scott has made 24 Masters appearances and has earned $4,058,807. He won the event in 2013.
10. Hideki Matsuyama
Matsuyama has $4,244,867 in earnings in 14 appearances at Augusta National.
9. Bubba Watson
Watson has made 17 Masters appearances, won the tournament twice and has earned $4,164,830.
7. Dustin Johnson
Johnson in 2020 won his first green jacket, a prize that was worth $2,070,000. He missed the cut in 2023, 2024 and 2025. He has earned $4,662,235 in 15 ...
