Principal Charity Classic 2023 Purse: Prize Money and Winner’s Share

Iowa’s Wakonda Club is currently hosting the 12th event of the PGA Tour Champions 2023 season. Read all the info on the Principal Charity Classic 2023 purse and prize distribution information here on SportPaedia.

Principal Charity Classic 2023 Purse:

The 22nd Principal Charity Classic is getting underway in Iowa at present. 78 professional senior golfers are competing in the 3-round long event. Fan favorites like Steve Alker, Ernie Els, Miguel Angel Jimenez, and David Toms are in the field.

For the 2023 edition, event organizers have announced a $2 million purse pool. This marks a decent 8% increase over the previous year’s 1.85 million purse pool. Thanks to the rise in purses, the guaranteed purse of every position will receive a decent increment.

The winner of the event will receive a 15% cut from the purse pool. Furthermore, all 78 participants will receive a share of the purse based on their final standings. There will be no cut requirement in the competition.

Additionally, the earned purse amount will be counted towards everyone’s Charles Schwab Cup point list. However, there will be no additional OWGR or other points offered in the competition.

According to the announced distribution chart, the champion of the Principal Charity Classic 2023 will receive a $300,000 check as a reward. While the runner-up will receive $176,000. Following him, the 3rd place holder will take $144,000 with him.

The increase in purses is most noticeable in the lower standings’ distribution. As, the 76th, 77th, and 78th participants will receive $1,160, $1,080, and $1,000 respectively. In contrast, they received only $1,070, $999, and $925 last year.

Principal Charity Classic 2023 Payouts:

Here is the officially announced list of Principal Charity Classic 2023 purse and payout distribution chart –

Placement Prize Money
1st $300,000
2nd $176,000
3rd $144,000
4th $120,000
5th $96,000
6th $80,000
7th $72,000
8th $64,000
9th $56,000
10th $52,000
11th $48,000
12th $44,000
13th $40,000
14th $38,000
15th $36,000
16th $34,000
17th $32,000
18th $30,000
19th $28,200
20th $26,400
21st $24,800
22nd $23,200
23rd $22,000
24th $21,000
25th $20,000
26th $19,000
27th $18,200
28th $17,400
29th $16,600
30th $15,800
31st $15,000
32nd $14,400
33rd $13,800
34th $13,200
35th $12,600
36th $12,000
37th $11,400
38th $11,000
39th $10,600
40th $10,200
41st $9,800
42nd $9,400
43rd $9,000
44th $8,600
45th $8,200
46th $7,800
47th $7,400
48th $7,000
49th $6,600
50th $6,200
51st $5,800
52nd $5,400
53rd $5,000
54th $4,800
55th $4,600
56th $4,400
57th $4,200
58th $4,000
59th $3,800
60th $3,600
61st $3,400
62nd $3,200
63rd $3,000
64th $2,800
65th $2,600
67th $2,400
67th $2,200
68th $2,000
69th $1,880
70th $1,760
71st $1,640
72nd $1,520
73rd $1,400
74th $1,320
75th $1,240
76th $1,160
77th $1,080
78th $1,000
Total $2,000,000


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