The AIG Women's Open has confirmed an increase to its prize money payout for 2024 and says this year's champion will earn a record figure as well.
In 2023, the total prize fund was $9 million, but that has been raised to $9.5 million with the Women's Open winner taking home a record $1,425,000 - the highest amount in the championship’s 48-year history and $100,000 up on what Lilia Vu took home following her success last summer.
The prize fund for the championship has more than doubled since before The R&A’s partnership with AIG began in 2019, sitting at $4.5 million as recently as 2020 before increasing to $5.8 million and $7.3 million in the subsequent years.
Martin Slumbers, outgoing CEO of The R&A, said: “With the outstanding backing we have received from AIG as our title sponsor, we have been able to achieve a step change and take this Championship to new levels.
"We greatly appreciate AIG’s support and are proud that they share our goal to elevate the AIG Women’s Open still further and ensure it remains at the pinnacle of the women’s game.
R&A CEO, Martin Slumbers
"The increased prize fund and our enhancements to the staging and the spectator experience this year reflect our shared commitment to making the AIG Women’s Open a world class championship for players and fans alike.”
Even with the increase, the AIG Women's Open remains third in the list of highest payouts among the five women's Majors. The US Women's Open is top with $12 million while the KPMG Women's PGA Championship is narrowly in second place on $10.4 million.
The Evian Championship offered a $8 million total prize fund earlier this year while the Chevron Championship paid out a total of $7.9 million.
This year's AIG Women's Open is taking place between Thursday, August 22 and Sunday, August 25 at St Andrews' Old Course in Scotland.
144 players will be in the field, with the likes of Lexi Thompson, Nelly Korda, and Charley Hull some of the leading names in contention. On the flip side, several big names will miss the AIG Women's Open, including Danielle Kang, Bianca Pagdanganan, and Laura Davies.
How the prize money compares between the men's and women's Opens
| Header Cell - Column 0 | The Open | AIG Women's Open |
|---|---|---|
| 2024 total prize pool | $17m | $9.5m |
| 2024 winner's check | $3.1m | $1.45m |
-
Wesley Bryan Confirms He Will Appeal ‘Indefinite’ PGA Tour SuspensionThe YouTube content creator has confirmed he will be appealing the PGA Tour’s decision to suspend him for taking part in the LIV Golf: The Duels match
-
Justin Thomas Confirms Stand-In Caddie Will Not Replace Long-Term Looper After First Victory Since 2022Thomas won the RBC Heritage with Max Homa's former looper, Joe Greiner as his assistant but is looking forward to welcoming his regular caddie back soon
-
Rose Zhang Ruled Out Of Chevron ChampionshipThe American hasn't featured in a competitive event since withdrawing from the T-Mobile Match Play, with it reported that Zhang will miss the Chevron Championship due to an ongoing neck injury
-
Rookie Ingrid Lindblad Seals Maiden LPGA Tour Title In JM Eagle LA ChampionshipThe Swedish star won by one over fellow rookie Akie Iwai at El Caballero Country Club
-
Nelly Korda Reveals Menu For Chevron Champions DinnerThe 2024 winner hosts the Champions Dinner before the defense of her title, and the menu hints at her Czech heritage
-
Meet The 8 Amateurs Playing In The Chevron ChampionshipThe Chevron Championship includes eight amateurs – here are the details of the rising stars and how they reached the first women’s Major of the year
-
JM Eagle LA Championship Prize Money Payout 2025The LPGA Tour heads to California for the JM Eagle LA Championship, where the largest prize money payout of the season so far is on the table
-
Callaway REVA Rise: New Women's Clubs Unleashed!Callaway has released REVA Rise, the latest evolution of the Reva line of clubs designed specifically for women
-
Carla Bernat Escuder Narrowly Beats Asterisk Talley To Augusta National Women's Amateur TitleCarla Bernat Escuder became the first Spaniard to win the Augusta National Women's Amateur
-
Augusta National Women's Amateur Final Round Tee Times 2025Defending champion Lottie Woad and USA's Kiara Romero will start as co-leaders in the final group of the Augusta National Women's Amateur on Saturday
