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Farmers Insurance Open 2023: Prize Money Breakdown and Winner’s Payout

Published 01/27/2023, 8:20 PM EST

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USA Today via Reuters

Following the American Express last week, the PGA Tour now heads over to Torrey Pines for its current event. The fourt event of the tour in 2023 is currently underway in California. The Farmers Insurance Open is a history-ridden event that is more than 70 years old and began on Wednesday this week. The Tour’s 13th season event features 156 players competing for the title and prize money.

With a strong field and a big prize at stake, fans can be sure that the week will be full of drama and a tough tournament . Lets find out what all is at stake at this week’s Tour event.

The format and field of the Farmers Insurance Open

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The Farmers Market kicks off the 2022-2023 season with one of the most competitive fields yet. As per Golf News Net,  Jon Rahm and Collin Morikawa are among the 156 competitors. A total of 13 of the top 20 are participating in the event. Last year’s winner, Luke List, is also back this year and will undoubtedly be looking to defend the title.

USA Today via Reuters

The game sees a cut made after the second round, i.e., 36 holes. Only the top 65 players and ties will then proceed to play the two rounds on Friday and Saturday. All the players who finish all four rounds will win a piece of the huge purse.

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The event is played across two courses in San Diego. the Torrey Pines north course, and the Torrey Pines south course. The final round will be held on the South Course on Saturday, due to a clash between the NFL and PGA Tour events.

What does the winner of the event stand to receive?

The total purse for the event is $8.7 million. The winner will receive the standard 18% share of the total purse as per the PGA Tour’s prize money distribution chart. Being an official Tour event, the Farmers Open will also have additional perks such as FedEx Cup points and OWGR points.

via Getty

In addition to the $1,566,000 in cash, the winner of the event will gain 500 FedEx Cup points. The winner will also receive 46 Official World Golf Ranking points, which will be available based on field strength. They will also celebrate with benefits such as an exemption for next year’s Tournament of Champions and a two-year exemption on the PGA Tour.

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Prize Money Breakdown

The breakdown of the total $8.7 million purse as per below shows how much each individual of the 65 finishers will receive.

PositionMoney
1$1,566,000
2$948,300
3$600,300
4$426,300
5$356,700
6$315,375
7$293,625
8$271,875
9$254,475
10$237,075
11$219,675
12$202,275
13$184,875
14$167,475
15$158,775
16$150,075
17$141,375
18$132,675
19$123,975
20$115,275
21$106,575
22$97,875
23$90,915
24$83,955
25$76,995
26$70,035
27$67,425
28$64,815
29$62,205
30$59,595
31$56,985
32$54,375
33$51,765
34$49,590
35$47,415
36$45,240
37$43,065
38$41,325
39$39,585
40$37,845
41$36,105
42$34,365
43$32,625
44$30,885
45$29,145
46$27,405
47$25,665
48$24,273
49$23,055
50$22,359
51$21,837
52$21,315
53$20,967
54$20,619
55$20,445
56$20,271
57$20,097
58$19,923
59$19,749
60$19,575
61$19,401
62$19,227
63$19,053
64$18,879
65$18,705

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Who do you think will take home the win? Let us know in the comments below.

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Written by:

Sheldon Pereira

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One take at a time

Sheldon is a golf writer at EssentiallySports. He is a Business graduate from Christ University, with a degree in Finance and Accounting. He also has an experience as a Senior Audit Associate at an MNC, but his love for writing made him follow his dream and switch careers.
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Edited by:

Manaal Siddiqui

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