Everything Masters champion Scottie Scheffler wins – from a record cheque to the Green Jacket

Scottie Scheffler is congratulated by Masters chairman Fred Ridley.

More than just the Green Jacket… Everything the Masters champion wins with victory at Augusta National Golf Club.

From a replica trophy of the clubhouse and honourary lifetime membership to prize money and plenty of ranking points, a Masters win means far more than just the Green Jacket.

Below are all the things the Masters champion Scottie Scheffler receives for winning at Augusta in 2024.

The Green Jacket

The champion can keep and wear their Green Jacket anywhere they wish for just under a year, having to hand it back before the following year’s event. From then on, the jacket can only be worn in Augusta’s grounds.

The Masters Tournament prize money

2024 saw another record purse with a significant increase on previous years. The winner pocketed $3.6m from a total purse of $20m. That’s $ more than Scottie Scheffler took home in 2022 and a $3m increase overall. The winner’s prize money has increased by $1.17m in two years.

Only the PGA Tour’s Players Championship, which pays the winner $4.5m from a whopping total purse of $25m, pays better.

The PGA Championship victor receives $2.7m from a $15m purse, with the US Open champ getting $3.15m from a $17.5m purse, and The Open Championship paying the winner $2.5m from its $14m prize fund.

Here’s the full prize money breakdown at The Masters.

Five-year peace of mind

For the five years after their Augusta win, the Masters champion can rest easier knowing that he receives an exemption to the PGA Tour and golf’s other three men’s majors, The Open, US Open, and US PGA Championship.

A memento of his Masters win: Trophy & medals

Introduced in 1993, the winner receives a replica of the permanent Masters Trophy (above), which depicts the Augusta National Clubhouse and includes the names of every winner and runner-up.

He also receives a Masters gold medallion, measuring 3.4 inches in diameter, weighing 2.3 ounces and featuring a view of the Founders Circle in front of the Clubhouse.

An open-ended Augusta National invite

For as long as he lives – or as long as he can physically swing a club – every Masters winner can enter the tournament again every year.

Honorary Augusta National Golf Club membership

Every Masters winner automatically becomes an honorary member of ANGC. This isn’t the same as being a fully paid-up Augusta National member – only Jack and Arnie went on to enjoy that privilege.

It does mean, however, that they get to play Augusta National whenever they like (provided the club is open) and get to wear their Green Jacket whenever they’re on the premises.

The Champions Dinner menu

The most famous of all Masters traditions, whoever wins at Augusta gets to choose the following year’s menu at the Masters Champions Dinner, held the Tuesday before the tournament begins and known officially as the Masters Club Dinner.

A licence to print money!

The Masters winner receives 100 world ranking points and 600 PGA Tour FedEx Cup points – the former can elevate him into the elite with invitations to big-money WGC events, the latter help towards qualifying for the no-cut, BMW Championship and Tour Championship.

He also gets an invite to the next year’s Tournament of Champions, an event with no cut and a generous $8.2m purse.