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A little formal-drop by is better and substitute place or house.
The first place at the Masters in 2013 was 1.44 million dollars. Adam Scott was the winner and will deposit this amount in one of his bank accounts or financial institutions. The winner of the Masters is indeed the winner of a lot of money.
Augusta National, the only place The Masters is held.
160,000.00
In 2009 it was $1,350,000 for first place.
'Your place or mine' is grammatically correct.
The Masters prize money is split according to a designated formula. In case of a tie for third place, the money prize for third and fourth place are averaged and awarded to the two players.
You can place an MEd after your name, if you are working in that capacity.
The things were put in the correct place. The things were put in the correct places. The things went automatically to their correct place.
Trevor Immelman won $1,350,000
Full details can be found here http://frankosport.us/golf/Scores09/Masters-Final-Rsts-09.htm
The place value increases to the next power of 10. A Unit becomes a Ten A Ten becomes a Hundred A Hundred becomes a Thousand and so on.