9 Perks Of Winning The PGA Championship - What Xander Schauffele Gets

Winning the PGA Championship comes with a host of perks, from prize money to exemptions to world ranking points...

Xander Schauffele holds the Wanamaker Trophy after winning the 2024 PGA Championship
(Image credit: Getty Images)

There are plenty of perks to winning the PGA Championship, aside from the prestige of winning a Major championship and writing your name in history.

PGA Champions win one of the greatest trophies in golf that has most of the men's game's legendary names on it as well as some incredible exemptions, a huge pay check, world rankings points and more.

Take a look at the perks that come with winning the PGA Championship:

1. The trophy

PGA Championship Wanamaker Trophy pictured

The iconic Wanamaker Trophy

(Image credit: Getty Images)

Xander Schauffele takes home the historic and iconic Wanamaker trophy, which is one of the best trophies in the sport and one of the biggest, too.

The PGA Champion gets to keep the Wanamaker Trophy for a year before returning it at the following year's tournament. A 90% replica of the trophy is given to the winner to keep once the original trophy is returned.

2. Lifetime exemption

The best perk of winning the championship is that PGA Champions are exempt into the Major for the rest of their career, so Schauffele gets to return year after year without worrying about their world ranking or qualifying in other ways.

This is why retired player and now-commentator Rich Beem still plays in the event each year, after he won the 2002 PGA Championship at Hazeltine. LIV Golfer Martin Kaymer is still eligible for the event too after his 2010 victory at Whistling Straits.

The Masters is the only other men's Major that offers a lifetime of return entries. The US Open gives a 10-year exemption to its champion, while the Open winner qualifies for the event until they're 55.

3. Major exemptions

PGA Champions earn invites to the three other Majors for the next five years, meaning they'll secure spots in the Masters, the US Open and Open Championship.

One Major victory gets you a guaranteed 20 Major starts for the next five years.

4. Money

Prize money is a big incentive for the winner, with the $18.5m PGA Championship payout giving a huge $3.33m to the winner. It will be Schauffele's biggest ever career payday.

It's huge cash but nothing out of the ordinary in today's game. LIV Golf wins earn $4m while PGA Tour Signature events offer $3.6m-$4m to the winners.

5. Tour memberships

Close up of a PGA Tour flag blowing in the wind

The PGA Champion earns a PGA Tour card for the next five seasons

(Image credit: Getty Images)

A five-year PGA Tour card is awarded to the PGA Champion, whilst the winner also earns a DP World Tour card for seven years, too.

6. World ranking points

PGA Championship winners receive 100 Official World Golf Ranking points, effectively securing their spot in the top 50 for the next 18 months proceeding their victory.

All of the four men's Majors offer 100 OWGR points to the winner, with the next-best Players Championship awarding 80.

7. FedEx Cup points

The winner of the PGA Championship picks up 750 FedEx Cup points, which is 250 more than the 500 on offer at regular PGA Tour events.

All four men's Majors plus the Players Championship offer 750 points, while the Signature Events give 700 to the winner.

8. Other tournament exemptions

Winners of the PGA Championship earn a spot in the Players Championship for the next five years as well as most other PGA Tour and DP World Tour events due to the memberships on offer.

They also earn a spot in January's 'The Sentry' in Hawaii and the next year's Signature Events due to the near-guarantee of finishing inside the top 50 in the FedEx Cup standings.

9. The Champions Dinner

Just like The Masters, the PGA Championship has its own past champions' dinner on the Tuesday of tournament week.

The dinner has been running since 1965 and allows spouses and family, as opposed to Augusta National's 'Masters Club' that is only open to past Masters champions and the club's chairman.

Elliott Heath
News Editor

Elliott Heath is our News Editor and has been with Golf Monthly since early 2016 after graduating with a degree in Sports Journalism. He manages the Golf Monthly news team as well as our large Facebook, Twitter and Instagram pages. He covered the 2022 Masters from Augusta National as well as five Open Championships on-site including the 150th at St Andrews. His first Open was in 2017 at Royal Birkdale, when he walked inside the ropes with Jordan Spieth during the Texan's memorable Claret Jug triumph. He has played 35 of our Top 100 golf courses, with his favourites being both Sunningdales, Woodhall Spa, Western Gailes, Old Head and Turnberry. He has been obsessed with the sport since the age of 8 and currently plays off of a six handicap. His golfing highlights are making albatross on the 9th hole on the Hotchkin Course at Woodhall Spa, shooting an under-par round, playing in the Aramco Team Series on the Ladies European Tour and making his one and only hole-in-one at the age of 15 - a long time ago now!

Elliott is currently playing:

Driver: Titleist TSR4

3 wood: Titleist TSi2

Hybrids: Titleist 816 H1

Irons: Mizuno MP5 5-PW

Wedges: Cleveland RTX ZipCore 50, 54, 58

Putter: Odyssey White Hot OG #5

Ball: Srixon Z Star XV