LIV Golf Purse Breakdown And Payout

The winner at the Centurion Club will take home $4million, while there’s another $5million on offer in the team event

Charl Schwartzl on his way to the first round lead at the first LIV Golf event at the Centurion Club
(Image credit: Getty Images)

 

The winner of the first ever LIV Golf Invitational Series event this week at the Centurion Club near London will take home $4million. And with the team event running simultaneously, they could also claim a big slice of the $5million prize money there too.

Action finally got underway in the Saudi-backed series on Thursday after months of rumours and seemingly endless speculation on how it would play out. The 48-player field is divided into 12 teams of four after the draft earlier this week, and they are playing for both individual and team prizes. They teed off the 54-hole event, which has no cut, in shotgun fashion, aimed at eradicating any advantages given by different weather at different times of the day.

The $20million of individual prizes sees every player earn at least $120,000 - that’s the payday for the player who comes 48th! Each position earns a $2,000 pay jump until 21st place. The difference between finishing 22nd for $172,000 and 21st for $180,000 is an $8,000 jump.

Every player who finishes in the top 20 will earn at least $200,000, with the top four all guaranteed at least $1million. It’s $1,050,000 for 4th, $1.5million for 3rd, $2.125million for 2nd and $4million for the winner.

The top three in the team event will split $5million between them, with $3million for the winning team, $1.5million for 2nd and $500,000 for third. In the first two rounds the best two scores from the four-man team count and in the final round, it’s the top three that are used.

After round one, Charl Schwartzel leads at 5-under-par from fellow South African - and fellow Stinger GC team member - Hennie Du Plessis, who is a shot back. Of course that means Stinger are well clear in the team event as it stands, their 9-under-par total six shots better than the nearest challengers, the Crushers. 

A lot has been made of how much money is on offer for the players competing in the LIV Golf Series. For comparison, this week’s PGA Tour event, the Canadian Open, has a total prizepool of $8.7million, while the field in the DP World Tour’s Scandinavian Mixed is playing for a total of $2million this week.

PositionPrize Money
1st$4,000,000
2nd$2,125,000
3rd$1,500,000
4th$1,050,000
5th$975,000
6th$800,000
7th$675,000
8th$625,000
9th$580,000
10th$560,000
11th$540,000
12th$450,000
13th$360,000
14th$270,000
15th$250,000
16th$240,000
17th$232,000
18th$226,200
19th$220,000
20th$200,000
21st$180,000
22nd$172,000
23rd$170,000
24th$168,000
25th$166,000
26th$164,000
27th$162,000
28th$160,000
29th$158,000
30th$156,000
31st$154,000
32nd$152,000
33rd$150,000
34th$148,000
35th$146,000
36th$144,000
37th$142,000
38th$140,000
39th$138,000
40th$136,000
41st$134,000
42nd$132,000
43rd$130,000
44th$128,000
45th$126,000
46th$124,000
47th$122,000
48th$120,000
Jeff Kimber
Jeff Kimber

Jeff graduated from Leeds University in Business Studies and Media in 1996 and did a post grad in journalism at Sheffield College in 1997. His first jobs were on Slam Dunk (basketball) and Football Monthly magazines, and he's worked for the Sunday Times, Press Association and ESPN. He has faced golfing greats Sam Torrance and Sergio Garcia, but on the poker felt rather than the golf course. Jeff's favourite course played is Sandy Lane in Barbados, which went far better than when he played Matfen Hall in Northumberland, where he crashed the buggy on the way to the 1st tee!