Claude Harmon finished -9 and took 25% of the purse. That $2,500 is worth about $34,549 in 2026 dollars.
How the 1948 Masters Tournament purse was split
Every paid player in finishing order. The top 10 took 89% of the money, and the dashed line marks the smallest check.
1948 Masters Tournament prize money for every player
Final positions and prize money, with what the same untied position paid the year before.
| Pos | Player | To par | Last year | Prize money |
|---|---|---|---|---|
| 1 | Claude Harmon | -9 | $2,500 | $2,500 |
| 2 | Cary Middlecoff | -4 | $1,500 | $1,500 |
| 3 | Chick Harbert | -1 | $1,000 | |
| T4 | Jim Ferrier | E | $900 | $750 |
| T4 | Lloyd Mangrum | E | $900 | $750 |
| T6 | Ed Furgol | +1 | $625 | $500 |
| T6 | Ben Hogan | +1 | $625 | $500 |
| T8 | Byron Nelson | +2 | $335 | $350 |
| T8 | Harry Todd | +2 | $335 | $350 |
| T10 | Herman Keiser | +3 | $250 | |
| T10 | Bobby Locke | +3 | $250 | |
| T10 | Dick Metz | +3 | $250 | |
| T13 | Johnny Bulla | +5 | $225 | $188 |
| T13 | Dutch Harrison | +5 | $225 | $188 |
| T13 | Skee Riegel Amateur | +5 | $225 | Not known |
| T16 | Al Smith | +6 | $138 | |
| T16 | Sam Snead | +6 | $138 | |
| T18 | Jimmy Demaret | +7 | $80 | |
| T18 | Ed Dudley | +7 | $80 | |
| T18 | Vic Ghezzi | +7 | $80 | |
| T18 | Fred Haas | +7 | $80 | |
| T18 | Bob Hamilton | +7 | $80 | |
| T23 | Art Bell | +8 | Not known | |
| T23 | Gene Sarazen | +8 | Not known | |
| T25 | Herman Barron | +9 | Not known | |
| T25 | Henry Cotton | +9 | Not known | |
| T25 | Henry Picard | +9 | Not known | |
| T28 | Johnny Palmer | +10 | Not known | |
| T28 | Ellsworth Vines | +10 | Not known | |
| T30 | Bud Ward Amateur | +11 | Not known | |
| T30 | Lew Worsham | +11 | Not known | |
| 32 | Denny Shute | +12 | Not known | |
| 33 | Jug McSpaden | +13 | Not known | |
| 34 | Horton Smith | +14 | Not known | |
| T35 | Skip Alexander | +15 | Not known | |
| T35 | Ralph Guldahl | +15 | Not known | |
| T35 | Ky Laffoon | +15 | Not known | |
| T35 | Jim McHale Jr. Amateur | +15 | Not known | |
| T35 | Felice Torza | +15 | Not known | |
| T40 | Dick Chapman Amateur | +16 | Not known | |
| T40 | Chandler Harper | +16 | Not known | |
| T40 | Lawson Little | +16 | Not known | |
| T43 | Billy Burke | +17 | Not known | |
| T43 | Leland Gibson | +17 | Not known | |
| T43 | Craig Wood | +17 | Not known | |
| 46 | Toney Penna | +19 | Not known | |
| 47 | Sammy Byrd | +22 | Not known | |
| 48 | Johnny Farrell | +23 | Not known | |
| 49 | Bill Nary | +25 | Not known | |
| 50 | Bobby Jones | +27 | Not known | |
| T51 | Fred Kammer Amateur | +28 | Not known | |
| T51 | Harvie Ward Amateur | +28 | Not known | |
| 53 | Bob Rosburg Amateur | +30 | Not known | |
| 54 | Jack Selby Amateur | +33 | Not known | |
| WD | Gene Kunes | +10 | Not known | |
| WD | George Hamer Amateur | +15 | Not known | |
| WD | Joe Kirkwood Sr. | +21 | Not known |
Masters Tournament winner's share over time
This year is labeled. Full tournament history →
1948 Masters Tournament payout FAQ
How much did the winner of the 1948 Masters Tournament get?
Claude Harmon won $2,500 from a $10,000 purse.
What was the 1948 Masters Tournament purse?
$10,000.
How much did last place get at the 1948 Masters Tournament?
The smallest check was $80, to Bob Hamilton (T18).