LIV Golf Australia purse, payout breakdown: How much prize money will the winner make?

Zac Al-Khateeb

LIV Golf Australia purse, payout breakdown: How much prize money will the winner make? image

It's nearly payday for golfers on the LIV tour, with the series returning after a two-week hiatus to make its debut in Australia.

This week's competition will see LIV golfers take to the Grange Country Club outside Adelaide, Australia. Regardless of how the standings end up following the three-day event, everyone who competes will walk away with no less than $120,000 US — one of the selling points for players to defect from the more established PGA Tour.

LIV Golf Australia isn't a "special" event like the PGA Tour's majors or 12 designated events, either: The purse and winner's share, while lucrative, are standard among the LIV tour's 14 events this season.

Who will come away with the latest massive payday among LIV golfers? Brooks Koepka is the most recent winner on the LIV Golf Tour, earning first place in Orlando and becoming the first repeat champion in the fledgling tour's history. Another win this week would make him the first three-peat winner — and provide more winnings in the millions of dollars.

MORE: How Jordan Spieth made more in RBC Heritage loss than in 2022 win

Here's everything you need to know about the LIV Golf Australia purse, winner's share and team earnings:

LIV Golf Australia purse

Each LIV Golf event presents the opportunity for a massive payday: a $25 million purse, with $20 million to be divided among the 48 individual golfers. Another $5 million will be divvied out among the top three teams in the standings.

How much does the LIV Golf Australia winner get?

The winner at the Grange Golf Club this week will make $4 million as an individual. Each of the ensuing top-four golfers will also make upward of $1 million: The second-place finisher will win $2.125 million; the third-place finisher will win $1.5 million; and the fourth-place finisher will win $1.05 million.

To compare, Jon Rahm — winner of the 2023 Masters Tournament — and Matt Fitzpatrick — winner of the RBC Heritage — earned $3.24 million and $3.6 million for their recent victories, respectively.

The LIV also offers additional money for the top three teams atop a given event's leaderboard: $3 million for the top-ranked team and $1.5 million and $500,000 for the second- and third-place teams, respectively. All team winnings are divided among the team's four golfers. Golfers on the top-ranked team will earn $750,000 each; golfers on the second- and third-place teams will earn $375,000 and $125,000 each, respectively.

The most a player can make in a single LIV event in 2023 is $4.75 million ($4 million in individual winnings, plus an additional $750,000 in team winnings). Only Charles Howell III has earned that amount in 2023 after finishing atop the Mayakoba leaderboard to start the season. His team, Crushers GC, also produced the best team finish in that tournament, earning him an additional $750,000.

The least amount of money a player can earn in an event is $120,000, the amount awarded for a 48th-place finish.

MORE: Breaking down LIV Golf roster for 2023

LIV Golf Australia payouts 2023

Here's the projected payout for individuals and teams at LIV Golf Australia:

Individual

Place Projected payout
1 $4 million
2 $2.125 million
3 $1.5 million
4 $1.05 million
5 $975,000
6 $800,000
7 $675,000
8 $625,000
9 $580,000
10 $560,000
11 $540,000
12 $450,000
13 $360,000
14 $270,000
15 $250,000
16 $240,000
17 $232,000
18 $226,000
19 $220,000
20 $200,000
21 $180,000
22 $172,000
23 $170,000
24 $168,000
25 $166,000
26 $164,000
27 $162,000
28 $160,000
29 $158,000
30 $156,000
31 $154,000
32 $152,000
33 $150,000
34 $148,000
35 $146,000
36 $144,000
37 $142,000
38 $140,000
39 $138,000
40 $136,000
41 $134,000
42 $132,000
43 $130,000
44 $128,000
45 $126,000
46 $124,000
47 $122,000
48 $120,000

Teams

Place Projected payout Payout per player
1 $3 million $750,000
2 $1.5 million $375,000
3 $500,000 $125,000

Zac Al-Khateeb

Zac Al-Khateeb Photo

Zac Al-Khateeb has been part of The Sporting News team since 2015 after earning his Bachelor's (2013) and Master's (2014) degrees in journalism at the University of Alabama. Prior to joining TSN, he covered high school sports and general news in Alabama. A college sports specialist, Zac has been a voter for the Biletnikoff Award and Heisman Trophy since 2020.