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2023 Genesis Open Purse and Prize Money Breakdown

Hideki Matsuyama of Japan tees off on the 10th hole during the final round of the Genesis Invitational golf tournament at Riviera Country Club, Sunday, Feb. 20, 2022, in the Pacific Palisades area of Los Angeles. (AP Photo/Ryan Kang)

The PGA Tour season for 2022/23 continues this February, with the upcoming Genesis Open 2023 being one of the most significant tournaments in the global golf circuit.

The action will begin on February 16 and culminate on February 19. The tournament will be held at the Riviera Country Club in Pacific Palisades, California, an area that is part of the city of Los Angeles, where multiple golfers will gather to fight for the title of champion.

At the Genesis Open 2023, there will be more than just the trophy on the line. This tournament is one of the most financially rewarding events on the PGA Tour, and at JefeBet, we will provide you with a comprehensive breakdown of the prize money distribution.

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Updated Purse and Prize Money Breakdown for the PGA Tour Genesis Open Running from February 16-19, 2023

The Genesis Open is important not only because it is one of the biggest competitions in the golf season, but because it is one of the most profitable tournaments on the entire circuit, second only to The Players Championship.

genesis invitational 2023 pga tour prize money

This year’s Genesis Invitational is expected to distribute a total of $20 million dollars to its participants, which once again demonstrates the importance that the event has begun to gain in recent editions. In 2021, the total prize was just $9.2 million, while in 2022 it was $12 million.

This is an improvement over the previous edition by 66.67%. Additionally, as the overall prize money rises, so does the winner’s income: the winner of the first place reward will take home $3.6 million for his bank account. In comparison, the 2022 champion only made $2,160,000.

Here is a detailed list of how the money will be distributed based on how the participating golfers place:

PlaceAward
1$3,600,000
2$2,180,000
3$1,380,000
4$980,000
5$820,000
6$725,000
7$675.000
8$625.000
9$585,000
10$545,000
11$505,000
12$465,000
13$425,000
14$385,000
15$365,000
16$345,000
17$325,000
18$305,000
19$285,000
20$265,000
21$245,000
22$225,000
23$209,000
24$193,000
25$177,000
26$161,000
27$155,000
28$149,000
29$143,000
30$137,000
31$131,000
32$125,000
33$119,000
34$114,000
35$109,000
36$104,000
37$99,000
38$95,000
39$91,000
40$87,000
41$83,000
42$79,000
43$75,000
44$71,000
45$67,000
46$63,000
47$59,000
48$55,800
49$53,000
50$51,400
51$50,200
52$49,000
53$48,200
54$47,400
55$47,000
56$46,600
57$46,200
58$45,800
59$45,400
60$45,000
61$44,600
62$44,200
63$43,800
64$43,400
65$43,000

Additional data and curious facts about the Genesis Open

  • The reigning champion is a Latin American, with Chile’s Joaquin Niemann taking top honors in 2022; in fact, he’s the first Latin American to win the tournament.
  • The record win is 20 under par, set in 1985 by Lanny Wadkins.
  • The top champions of the event are Macdonald Smith and Lloyd Mangrum, with four trophies each.
  • The last person to win the Genesis Open in consecutive editions was Phil Mickelson (2008, 2009).

Do you want more? Follow us on our YouTube channel and keep up to date on everything new about the sport and its stars, all here, at JefeBet.

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Written by Hiram Moreno

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