LIV Golf prize money has become the talk of the golf world, and it’s no wonder why—these payouts would make even the grandest major championship purse look like spare change.
In classic LIV style, the 2024 season brought us hefty paychecks, spirited team play, and a no-cut format that hands a check to every competitor.
Let’s take a closer look at how these sizable sums break down—so if you’re seeking those eye-popping figures, you’re in the right place.
“Every tournament winner earns $4,000,000 for first place”
Yes, you read that correctly. At each regular LIV Golf event in 2024, there’s a $25 million total purse, with $20 million earmarked for the individual competition.
The champion pockets $4 million, the runner-up typically scoops up a bit over $2 million (around $2.25M for second), and third place hovers in the $1.5 million neighbourhood.
Even the last-place finisher in the 54-player, no-cut field claims $50,000. That’s right—nobody goes home empty-handed.
And if you’re a team player, there’s more to celebrate. The event’s remaining $5 million (part of that $25M total) is for the team competition.
“The winning team in the team competition receives $3,000,000 per event,” while second-place gets $1,500,000 and third-place earns $500,000.
⛳️ LIV Golf Prize Breakdown & Bonuses 💰
🏆 Regular Event (2024 & 2025) Prize Breakdown
| Category | Prize Amount | Details |
|---|---|---|
| Individual Competition (Total allocation: $20M) |
||
| Champion | $4,000,000 | First place earns a cool $4M |
| Runner-Up | ~$2,250,000 | Typically a bit over $2M |
| Third Place | ~$1,500,000 | Hovers in the $1.5M neighbourhood |
| Last Place (of 54 players) | $50,000 | No one goes home empty-handed! |
| Team Competition (Total allocation: $5M) |
||
| Winning Team | $3,000,000 | Per event prize |
| Second Place | $1,500,000 | |
| Third Place | $500,000 | |
| Note: 60% of the team prize is retained for the operating fund and the remaining 40% is split equally among the four team members (10% each). | ||
🎖 Season-Long Individual Bonuses
| Final Standing | Bonus Amount | Notes |
|---|---|---|
| 1st Place | $18,000,000 | Bonus for topping the individual standings after 13 events |
| 2nd Place | $12,000,000 | |
| 3rd Place | $4,000,000 |
🏆 Team Championship Finale Prize Breakdown
| Team Position | Prize Amount | Details |
|---|---|---|
| Winning Team | $14,000,000 | Out of a $50M purse for 13 squads |
| Runner-Up | $8,000,000 | |
| Third Place | $6,000,000 | |
| The remaining teams share the rest of the purse. All team prizes are in addition to the individual earnings. | ||
LIV Golf’s 2024 season set the bar high with no-cut formats, guaranteed paychecks, and generous season-long bonuses – and 2025 promises the same eye-popping figures with a slight tweak in team scoring.
Before you start imagining every golfer diving into a personal vault of gold coins, remember “60% of the team prize is retained for the team’s operating fund, and the remaining 40% is split equally among the four team members (10% each).” That arrangement still lines plenty of pockets.
“The player who tops the individual standings after the regular season (13 events) earns an $18 million bonus”
That’s for the season-long individual champion. The 2024 season crowned Jon Rahm, who “received an $18M bonus on top of his tournament winnings.”
The runner-up in the standings earned a $12 million bonus, and third walked away with $4 million—pure gravy on top of regular-event payouts.
But the payouts don’t stop there: the Team Championship finale put up a colossal $50 million purse for 13 squads, with $14,000,000 going to the winning team, $8,000,000 to the runner-up, and $6,000,000 for third.
The rest of the field shared the remaining spoils. True to the LIV model, “all team prizes are in addition to the individual earnings that players collect.”
Looking ahead to 2025, don’t expect anything to shrink. LIV Golf prize money still boasts the same jaw-dropping figures.
Each regular event offers about $25 million in total, with $4 million for the individual winner and $3 million for the top team.
Early results prove it’s business as usual—just as it was in 2024, no major changes to the payouts or bonus structures have been announced.
The only tweaks come in the competition format: starting in 2025, all four players’ scores count toward the team’s total, but the luscious prize distributions remain the same.
So there you have it: Big paydays, no cut, team camaraderie, and plenty of showmanship make LIV Golf’s 2024–and now 2025–seasons stand out in the pro golf universe.
This league has turned the dial way up on prize money and season-long bonuses, ensuring that if you can hit it straight (or maybe even a tad crooked, thanks to that guaranteed check), LIV Golf might just be the place to do it.
