The Arnold Palmer Invitational is one of the most highly-anticipated events in the golfing calendar.
Set to take place in March 2023 at the Bay Hill Club and Lodge in Orlando, Florida, the tournament is expected to attract some of the biggest names in the sport. And with a total purse of $20 million.
It’s no surprise that players are eagerly looking forward to competing for a share of the prize money. In this article, we take a closer look at the Arnold Palmer Invitational 2023 total purse, prize money, and payouts for the winners.
Date: Mar 2–5, 2023
Course: Bay Hill Golf Course
Purse: $20,000,000
Contents
Arnold Palmer Invitational 2023 Total Purse and Prize Money: $20 Million
The total purse for the Arnold Palmer Invitational 2023 has been set at a whopping $20 million. This marks a significant increase from the 2022 tournament, which had a total purse of $9.3 million. The increase in prize money is expected to attract some of the top golfers from around the world, who will be vying for a share of the winnings.
Prize Money Breakdown
|
Position |
Prize Money |
|
1st |
$3,600,000 |
|
2nd |
$2,180,000 |
|
3rd |
$1,380,000 |
|
4th |
$980,000 |
|
5th |
$820,000 |
|
6th |
$725,000 |
|
7th |
$675,000 |
|
8th |
$625,000 |
|
9th |
$585,000 |
|
10th |
$545,000 |
|
11th |
$505,000 |
|
12th |
$465,000 |
|
13th |
$425,000 |
|
14th |
$385,000 |
|
15th |
$365,000 |
|
16th |
$345,000 |
|
17th |
$325,000 |
|
18th |
$305,000 |
|
19th |
$285,000 |
|
20th |
$265,000 |
|
21st |
$245,000 |
|
22nd |
$225,000 |
|
23rd |
$209,000 |
|
24th |
$193,000 |
|
25th |
$177,000 |
|
26th |
$161,000 |
|
27th |
$155,000 |
|
28th |
$149,000 |
|
29th |
$143,000 |
|
30th |
$137,000 |
|
31st |
$131,000 |
|
32nd |
$125,000 |
|
33rd |
$119,000 |
|
34th |
$114,000 |
|
35th |
$109,000 |
|
36th |
$104,000 |
|
37th |
$99,000 |
|
38th |
$95,000 |
|
39th |
$91,000 |
|
40th |
$87,000 |
|
41st |
$83,000 |
|
42nd |
$79,000 |
|
43rd |
$75,000 |
|
44th |
$71,000 |
|
45th |
$67,000 |
|
46th |
$63,000 |
|
47th |
$59,000 |
|
48th |
$55,800 |
|
49th |
$53,000 |
|
50th |
$51,400 |
|
51st |
$50,200 |
|
52nd |
$49,000 |
|
53rd |
448,200 |
|
54th |
$47,400 |
|
55th |
$47,000 |
|
56th |
$46,600 |
|
57th |
$46,200 |
|
58th |
$45,800 |
|
59th |
$45,400 |
|
60th |
$45,000 |
|
61st |
$44,600 |
|
62nd |
$44,000 |
|
63rd |
$43,800 |
|
64th |
$43,400 |
|
65th |
$43,000 |
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Payouts
1st Prize: $3,600,000
The winner of the Arnold Palmer Invitational 2023 will take home a cool $3.6 million. This is a significant increase from the 2022 tournament, where the winner walked away with $1.674 million. This increase in prize money is a testament to the growing popularity of the tournament and the increasing demand for high-stakes golfing events.
2nd Prize: $2,180,000
The runner-up in the Arnold Palmer Invitational 2023 will receive a payout of $2,180,000. This is a considerable sum, and while it may not be as much as the first-place prize, it’s still a significant payday for the player who finishes in second place.
3rd Prize: $1,380,000
The third-place finisher in the Arnold Palmer Invitational 2023 will receive a payout of $1,380,000. While this may seem like a significant drop from the second-place prize, it’s still a substantial amount of money and a testament to the high stakes of the tournament.
4th Prize: $980,000
The fourth-place finisher in the Arnold Palmer Invitational 2023 will receive a payout of $980,000. While this may not seem like a massive sum compared to the top three prizes, it’s still a considerable amount of money and a testament to the competitive nature of the tournament.
5th Prize: $820,000
Finally, the fifth-place finisher in the Arnold Palmer Invitational 2023 will receive a payout of $820,000. While this may seem like a drop in the bucket compared to the top prizes, it’s still a significant sum of money and a testament to the high stakes of the tournament.