How is prize money divided in golf

Calculate Payout in Professional Golf Tournaments. What Is a Golf Purse? Masters Tournament Rules. British Open Rules. If three players on the PGA Tour finished tied for third place at a tournament, they don't split the third-place prize money. That would be silly, gipping them of money compared to a player who would finish alone in sixth place.

Instead, the money the three players tied for third place earn is the total money for third, fourth and fifth place combined together and divided by three. The same is true for FedEx Cup points.

This way, players get a pay bump for finishing tied for their finishing position relative to the players who finish beneath them, but they don't earn a financial edge compared to finishing alone in a higher position and further separating themselves from the field. How long is Giannis Antetokounmpo out? Bucks forward sidelined vs.

Celtics with right ankle sprain. Antetokounmpo injury update: Out vs. Celtics with ankle sprain. Amateurs do not receive earnings. All other positions below 3rd also get bumped up by a place in terms of their earnings. Some PGA Tour events use a different formula than the standard pga tour payout percentages table below. If more than 65 players make the cut then the PGA Tour will throw in some extra cash, in addition to the normal purse, to payout any player finishing beyond 65th place Some major tournaments, like the Masters, will pay an appearance fee to golfers that miss the cut.