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.

About the author

Rob Jerram
Digital Editor

Rob Jerram is the Digital Editor of todays-golfer.com. He specializes in the DP World Tour, PGA Tour, LIV Golf, and the Ryder Cup, spending large chunks of his days reading about, writing about, and watching the tours each month.

He’s passionate about the equipment used by professional golfers and is also a font of knowledge when it comes to golf balls, golf trolleys, and golf bags, testing thousands down the years.

Rob has been a journalist for more than 23 years, starting his career with Johnston Press where he covered local and regional news and sport in a variety of editorial roles across ten years.

He joined Bauer Media in September 2010 and worked as the Senior Production Editor of Today’s Golfer and Golf World magazines for ten years before moving into the Digital Editor’s role in July 2020.

During his time in the golf industry, Rob has interviewed and played golf with some of the biggest names in the game, including Rory McIlroy, Shane Lowry, Lee Westwood, Colin Montgomerie, and Rick Shiels.

He has been playing golf for almost three decades and is a member at Greetham Valley in Rutland and Spalding Golf Club in Lincolnshire, playing off a 9.7 handicap.

In his spare time, Rob enjoys spending time with his wife and two daughters, watching Peterborough United FC, going for long walks, flying his drone, cooking, and reading.

Rob uses a Ping G driver, Ping G 3-wood, TaylorMade M5 5-wood, TaylorMade P790 irons (2, 4-PW), TaylorMadeMG3 wedges (52º, 58º), Evnroll ER2 putter, and TaylorMade Tour Response golf ball.

You can email Rob or get in touch with him on Twitter.