The winner of the Masters becomes an honorary member of the club.
Arnold Palmer
The winner of the 2008 Masters golf tournament will take home $1.35 million.
Jack Nicklaus
There is no trophy, the winner receives the green jacket.
The 2008 Masters Golf tournament has a purse of $7.5 million, $250,000 more than last year. Of that, the winner (Trevor Immelman) takes home $1.35 million.
In 2010, the winner of the Masters tournament won a prize money of $1.35 million. Phil Mickelson emerged as the champion that year, claiming both the coveted green jacket and the substantial cash prize.
$ 1,350,000 was the announced prize money for first place in the 2010 Masters Golf Tournament.
It all depends but the winner last year received $1,305,000 for 1st place
The 2008 Masters golf tournament has a purse of $7.5 million, $250,000 more than last year. Of that, the winner (Trevor Immelman) takes home $1.35 million.
In 2011, the champion of the Master's Tournament won $1,440,000 dollars. The amount given to the winner of the tournament changes periodically so there is no set amount that is won each year.
It is a tradition of the Masters Golf Tournament since 1949. The green coat is the official attire of the Augusta National Golf Club. When players win the Masters they become members of the exclusive club for a lifetime. For a year after winning the Masters the champion keeps the jacket. After that they return it to the club where it stays until they return to play. The winner of the tournament in the previous year puts the jacket on the new winner by tradition.