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American Express 2023 Purse: Prize Money Breakdown and Payouts

A three-course-based PGA Tour event was initiated last Thursday in California. Here you American Express 2023 Purse, Prize Money Breakdown, and Payouts.



The American Express 2023 Purse:

The American Express is a popular California-based annual PGA Tour golf tournament. It was previously known as the Desert Classic. The 64th official iteration of the event is currently going on in La Quinta. 157 top-class professional golfers participated in the event.

Organizers at American Express announced a purse pool of $8 million in 2023. Compared to last year’s $7.6 million purse pool, this year has seen a slight raise.

This year, 18% of the purse pool will be rewarded to the event’s champion. Rest of it will be divided among the top 65 golfers who successfully made a cut for the final round.



According to the official statement, the event champion will earn $1.4 million from the event. Whereas the defending champion Hudson Swafford received $1.38 last year. While the runner-up’s reward amount has been increased from $828,400 to $872,000.

Last year’s purse pool was divided among the top-70. Based on that, final three standings of 68th, 69th, and 70th received $15,884, $15,732, and $15,580 respectfully. Whereas, this year’s purse distribution limit was decreased to only top-65 players. Based on which, the final three standings of 63rd, 64th, and 65th are set to receive $17,520, $17,360, and $17,200.

While there has been an increase in the amount of the total purse pool, the difference isn’t affecting top positions this year. However, the lower standings are seeing a significant bounce in purse size.



The American Express 2023 Payouts:

Purse distribution chart of the ongoing PGA Tour event, The American Express 2023 is listed below –

Placement Purse
1 $1,440,000
2 $872,000
3 $552,000
4 $392,000
5 $328,000
6 $290,000
7 $270,000
8 $250,000
9 $234,000
10 $218,000
11 $202,000
12 $186,000
13 $170,000
14 $154,000
15 $146,000
16 $138,000
17 $130,000
18 $122,000
19 $114,000
20 $106,000
21 $98,000
22 $90,000
23 $83,600
24 $77,200
25 $70,800
26 $64,400
27 $62,000
28 $59,600
29 $57,200
30 $54,800
31 $52,400
32 $50,000
33 $47,600
34 $45,600
35 $43,600
36 $41,600
37 $39,600
38 $38,000
39 $36,400
40 $34,800
41 $33,200
42 $31,600
43 $30,000
44 $28,400
45 $26,800
46 $25,200
47 $23,600
48 $22,320
49 $21,200
50 $20,560
51 $20,080
52 $19,600
53 $19,280
54 $18,960
55 $18,800
56 $18,640
57 $18,480
58 $18,320
59 $18,160
60 $18,000
61 $17,840
62 $17,680
63 $17,520
64 $17,360
65 $17,200

 

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