Irish amateur Paul Dunne will earn £500 and not the £1.1m first prize if he wins the Open
Published 20/07/2015 | 10:29
How much will the champion at this year's Open Champinoship at St Andrews receive and how does it compare to other majors?
What do the highest finishers receive in prize money?
The winner of this year's Open Championship at St Andrews will not only secure a place in golfing history, but also will bank an eye-watering amount of cash.
The Royal & Ancient announced before the tournament that this year's prize fund will be the largest in the tournament's history, with £6.3million on offer to the players.
The top three finishers earn the following amounts:
2nd place: £653,000
3rd place: £420,000
That is a significant rise on last year, when the winner - Rory McIlroy - banked £975,000.
How does it compare to other majors?
All of golf's major competitions have roughly similar pay-outs for the champion: all three of the US titles - the Masters, US Open and USPGA - award £1.15m to the winner.
If Paul Dunne does become the first amateur to win The Open since 1930, the runner-up may have a broader smile than usual as they will receive the £1.1m in prize money for finishing first.
R&A rules state that amateur golfers must not accept a prize in excess of £500, other than "symbolic prizes", such as a replica of the famous trophy. Golf's governing body states that: "Gold bullion is not a symbolic prize."
The leading amateur will receive a Silver Medal if they win.