Runners-up at the Australian Open receive AUD $1,550,000 (£770,000) in prize money, while the champion home takes home double that (£1.6m).
The prize money increases each year. In 2013, the prize money for winning a singles title was 2.4 million and in 2014 it was 2.6 million. For the runner-up in the singles final was 1.2 million and 1.3 million respectively. The prize money amount will increase in 2015.
That depends on how well they do in the tournament. The better they do the more points they get toward their ranking, and the more prize money is awarded to them.
2.325.000 Australian Dollars
6 Million Australian Dollars with an additional 500 thousand prize money for the winner of Melbourne Cup and the Irish St. Leger
The question is misleading. How much prize money for what?
The total prize money alters regularly.
$1,451,830 for First Place