The winner of next month's Open Championship at St Andrew's will receive over £1 million for the first time ever after the R&A today announced the prize money for the third major of the year.
The hotly-anticipated event, where Jordan Spieth will look to complete the third leg of the grand slam, will see the Champion Golfer of the Year win £1.15 million.
The announcement means that the total prize fund is up £900,000 on last year, now totalling £6.3 million.
Despite Spieth’s US Open victory at Chambers Bay last weekend he is currently second favourite to lift the claret jug with defending champion Rory McIlroy priced at 4/1 by most bookmakers.
The field is yet to be completed as this week's Travellers Championship is the first of a three-part series of qualifying events on the PGA Tour.
The total breakdown of prize money for the top ten is as follows:
1. £1,150,000
2. £653,000
3. £420,000
4. £327,000
5. £263,000
6. £228,000
7. £195,000
8. £165,000
9. £145,000
10. £132,000