Bubba Watson's victory
But despite the big payout, the Masters is not the richest tournament in golf. That honor is shared by the Players Championship and the PGA Championship, which each offer a $10 million purse. The U.S. Open purse is $8 million and the Open Championship gives out 5.25 million pounds, about US$8.8 million at today's exchange rate. For more news that golfers everywhere are talking about, follow @si_golf on Twitter, like us on Facebook, and subscribe to our YouTube video channel.