The Masters Tournament has seen significant growth in its prize money over the decades, culminating in Rory McIlroy's record win of $4.2 million in 2025. Since Horton Smith's inaugural victory in 1934, where he earned $1,500 (approximately $36,000 today), the total purse has surged to $21 million in 2025. With competition intensifying as top-level tournaments increase their payouts, the Masters remains a symbolic achievement for golfers, offering more than just monetary rewards—a chance to etch their name in golf history at a prestigious course.
In the 90 years since the Masters Tournament began, the value of its purse has rocketed to record levels, exemplified by Rory McIlroy's recent $4.2 million win.
The winner of the 1934 tournament, Horton Smith, won $1,500, which is around $36,000 in today's money, highlighting the tournament's immense growth.
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