Since it first started in 1934 until last year, the first-place prize money at the Masters has increased more than 226,000 percent.
It sort of boggles the mind in those terms but the numbers are the numbers: When Horton Smith won the what was then called the Augusta National Invitation Tournament, he was awarded a prize of $1,500. In 2024, when Scottie Scheffler won his second Masters Tournament, he earned $3,600,000.
The money has changed quite dramatically over the 88 years of the tournament. The total purse and first-place money for the 2025 Masters has not been announced yet but the winner's share has gone up for three consecutive years.