Hero World Challenge Prize Money Payout 2024
The unofficial PGA Tour event comes from Albany Golf Club, where 20 of the world’s best players compete for a record purse


Tiger Woods hosts the unofficial PGA Tour event the Hero World Challenge at Albany Golf Club in the Bahamas as a field of 20 competes.
Even with its unofficial status, there is still prize money available at this week’s event, although it is not included on the PGA Tour money list.
There is also not as much money on offer as most PGA Tour events, although there is more available than the 2023 tournament. Back then, players competed for a share of $4.5m, whereas this year, it has increased to $5m.
That’s the same figure as the biggest Asian Tour event of the season, the Saudi International, which is also taking place this week. Another big men’s event being played this week is the DP World Tour’s Nedbank Golf Challenge. Africa’s Major has a purse of $1m more than the Hero World Challenge.
This week’s winner will earn $1m, while the runner-up will bank $450,000.
As well as the prize money, the tournament also counts towards world ranking points, although it doesn’t offer FedEx Cup points.
Below is the prize money payout for the Hero World Challenge.
Get the Golf Monthly Newsletter
Subscribe to the Golf Monthly newsletter to stay up to date with all the latest tour news, equipment news, reviews, head-to-heads and buyer’s guides from our team of experienced experts.
Hero World Challenge Prize Money Payout 2024
Position | Prize Money |
1st | $1,000,000 |
2nd | $450,000 |
3rd | $300,000 |
4th | $250,000 |
5th | $225,000 |
6th | $220,000 |
7th | $215,000 |
8th | $210,000 |
9th | $205,000 |
10th | $200,000 |
11th | $195,000 |
12th | $190,000 |
13th | $185,000 |
14th | $180,000 |
15th | $175,000 |
16th | $170,000 |
17th | $165,000 |
18th | $160,000 |
19th | $155,000 |
20th | $150,000 |
Who Are The Star Names In The Hero World Challenge?
Ludvig Aberg is one of 20 players competing
There are 20 players in the field, among it some of the best players in the world, but one glaring omission is the host Tiger Woods.
The 15-time Major winner made his comeback from ankle surgery at the 2023 tournament, but having undergone the sixth back surgery of his career in September, this year’s edition comes too soon for a similar return to action.
Before this year’s event, Woods explained he’s not ready to compete, saying: "These are 20 of the best players in the world and I'm not sharp enough to compete against them. So when I'm ready to compete and play at this level, then I will.”
Among the players who are competing is defending champion and World No.1 Scottie Scheffler, who is making his first appearance since helping the US claim its 10th consecutive victory in September’s Presidents Cup.
Justin Thomas is one of the highest-profile players in the Hero World Challenge field
Other standout names include Ludvig Aberg, who ranks fifth in the world, two-time PGA Championship winner Justin Thomas, eight-time PGA Tour winner Patrick Cantlay, US Ryder Cup captain Keegan Bradley and 2023 Open winner Brian Harman. Tom Kim, Nick Dunlap and Wyndham Clark, who won the US Open in 2023, are other high-profile players competing.
Where Is The Hero World Challenge?
The Hero World Challenge comes from its regular home, Albany Golf Club in the Bahamas. The course was designed by Ernie Els and opened in 2010. It has hosted the event since 2015.
Who Is Playing In The Hero World Challenge?
While host Tiger Woods isn’t fit enough to play, many other big names are competing, including defending champion Scottie Scheffler, World No.5 Ludvig Aberg and Major winners Justin Thomas, Wyndham Clark, Brian Harman, Jason Day and Keegan Bradley.
Mike has over 25 years of experience in journalism, including writing on a range of sports throughout that time, such as golf, football and cricket. Now a freelance staff writer for Golf Monthly, he is dedicated to covering the game's most newsworthy stories.
He has written hundreds of articles on the game, from features offering insights into how members of the public can play some of the world's most revered courses, to breaking news stories affecting everything from the PGA Tour and LIV Golf to developmental Tours and the amateur game.
Mike grew up in East Yorkshire and began his career in journalism in 1997. He then moved to London in 2003 as his career flourished, and nowadays resides in New Brunswick, Canada, where he and his wife raise their young family less than a mile from his local course.
Kevin Cook’s acclaimed 2007 biography, Tommy’s Honour, about golf’s founding father and son, remains one of his all-time favourite sports books.
-
Sandy Lyle Shared 3 Top Tips With Us Prior To Winning The Masters in 1988... And They Could Still Save You Shots 37 Years Later
The 1988 Masters Champion shared his expert tips in the January 1988 issue of Golf Monthly, but they are still absolute gems for amateur golfers to this day...
By Barry Plummer Published
-
Sergio Garcia 'Super Proud' To Reach Major Milestone In The Masters
Sergio Garcia says he's "super proud" to be joining an exclusive club at The Masters as it'll be his 100th appearance in a Major championship
By Paul Higham Published
-
'I Can't Believe I'm Saying This' - Tiger Woods Hints At Shock Augusta Appearance Before Revealing True State Of His Achilles In April Fools Joke
Woods was apparently keen not to miss out on the whimsical nature of April 1 by posting a playful update on his recovery from Achilles surgery
By Jonny Leighfield Published
-
PGA Tour Pro Confirms Which Tournaments Will Feature Rangefinders
Michael Kim has confirmed that rangefinders will be in use for the PGA Tour events between The Masters and PGA Championship, with the aim to help the pace of play
By Matt Cradock Published
-
'The People Can’t Get Enough Of Him. We Can’t Get Enough Of Him. It Would Be Sad That He Wouldn’t Come Back Here And Play In The Future' - Major Champions Call On Tiger Woods To Become 'Ceremonial' Masters Player Once He Retires
Two-time US Open winners Andy North and Curtis Strange responded to questions about Tiger Woods' future in golf prior to the 89th Masters tournament
By Jonny Leighfield Published
-
'He’s Over There And We Only See Him Four Or Five Times A Year, And It’s Disappointing For All Of Us' - Curtis Strange Claims Joaquin Niemann 'Needs' To Be On The PGA Tour
Niemann has started 2025 in phenomenal fashion thanks to two victories on the LIV Golf League in three starts. However, Strange believes he should be back on the PGA Tour
By Matt Cradock Published
-
Alejandro Tosti Fires Back After Slow Play Accusation At Houston Open
Tosti has responded to claims that he was deliberately playing slowly to put off playing partner, Min Woo Lee, during the final round of the Texas Children's Houston Open
By Matt Cradock Published
-
PGA Tour Pro Wraps Up Masters Spot In Incredibly Tight Affair
Michael Kim edged out Ben Griffin to qualify for The Masters via his world ranking following a tense battle between the pair in the Houston Open
By Mike Hall Published
-
Gary Woodland Produces Best PGA Tour Finish Since Return From Brain Surgery
The 2019 US Open champion had brain surgery to remove a benign tumor in 2023, with a T2 at the Texas Children's Houston Open his best finish since returning at the start of last year
By Mike Hall Published
-
Rory McIlroy Reveals Issue With Right Elbow Ahead Of Latest Masters Challenge
The four-time Major winner revealed to the Golf Channel he has discomfort in his right elbow, less than two weeks before his latest attempt to win the Green Jacket
By Mike Hall Published