Arnold Palmer finished -4 and took 19% of the purse. That $11,250 is worth about $129,520 in 2026 dollars.
How the 1958 Masters Tournament purse was split
Every paid player in finishing order. The top 10 took 65% of the money, and the dashed line marks the smallest check.
1958 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 | Arnold Palmer | -4 | $8,750 | $11,250 +29% |
| T2 | Doug Ford | -3 | $4,375 | $4,500 |
| T2 | Fred Hawkins | -3 | $4,375 | $4,500 |
| T4 | Stan Leonard | -2 | $1,969 | |
| T4 | Ken Venturi | -2 | $1,969 | |
| T6 | Cary Middlecoff | -1 | $1,313 | $1,519 |
| T6 | Art Wall Jr. | -1 | $1,313 | $1,519 |
| 8 | Billy Joe Patton Amateur | E | Not known | |
| T9 | Claude Harmon | +1 | $1,266 | |
| T9 | Jay Hebert | +1 | $1,266 | |
| T9 | Billy Maxwell | +1 | $1,266 | |
| T9 | Al Mengert | +1 | $1,266 | |
| 13 | Sam Snead | +2 | $853 | $1,125 +32% |
| T14 | Jimmy Demaret | +3 | $1,050 | |
| T14 | Ben Hogan | +3 | $1,050 | |
| T14 | Mike Souchak | +3 | $1,050 | |
| T17 | Dow Finsterwald | +4 | $975 | |
| T17 | Chick Harbert | +4 | $975 | |
| T17 | Bo Wininger | +4 | $975 | |
| T20 | Billy Casper | +5 | $956 | |
| T20 | Byron Nelson | +5 | $956 | |
| 22 | Phil Rodgers Amateur | +6 | Not known | |
| T23 | Charles Coe Amateur | +7 | Not known | |
| T23 | Ted Kroll | +7 | $900 | |
| T23 | Peter Thomson | +7 | $900 | |
| T26 | Al Balding | +8 | $500 | $900 |
| T26 | Bruce Crampton | +8 | $500 | $900 |
| T26 | Bill Hyndman Amateur | +8 | $500 | Not known |
| T29 | George Bayer | +9 | $350 | |
| T29 | Arnold Blum Amateur | +9 | Not known | |
| T29 | Joe Campbell Amateur | +9 | Not known | |
| T32 | Tommy Bolt | +10 | $350 | |
| T32 | Lionel Hebert | +10 | $350 | |
| T32 | Flory Van Donck | +10 | $350 | |
| T35 | Marty Furgol | +11 | $300 | $350 |
| T35 | Dave Ragan | +11 | $300 | $350 |
| T35 | Paul Runyan | +11 | $300 | $350 |
| T35 | Jim Turnesa | +11 | $300 | $350 |
| T39 | Julius Boros | +12 | $350 | |
| T39 | Jack Fleck | +12 | $350 | |
| 41 | Torakichi Nakamura | +13 | $350 | |
| 42 | Gene Littler | +14 | $350 | |
| 43 | Norman Von Nida | +20 | $350 | |
| CUT | Rex Baxter Amateur | +6 | $0 | |
| CUT | Henry Picard | +6 | $0 | |
| CUT | Gary Player | +6 | $0 | |
| CUT | Jack Burke, Jr. | +7 | $0 | |
| CUT | Roberto De Vicenzo | +7 | $0 | |
| CUT | Chuck Kocsis Amateur | +7 | $0 | |
| CUT | Lloyd Mangrum | +7 | $0 | |
| CUT | Dale Morey Amateur | +7 | $0 | |
| CUT | Henry Ransom | +7 | $0 | |
| CUT | Frank Stranahan | +7 | $0 | |
| CUT | William C. Campbell Amateur | +8 | $0 | |
| CUT | Mason Rudolph Amateur | +8 | $0 | |
| CUT | Harvie Ward Amateur | +8 | $0 | |
| CUT | Don Whitt | +8 | $0 | |
| CUT | Ed Furgol | +9 | $0 | |
| CUT | Dick Mayer | +9 | $0 | |
| CUT | Nick Weslock Amateur | +9 | $0 | |
| CUT | Walter Burkemo | +10 | $0 | |
| CUT | Mike Fetchick | +10 | $0 | |
| CUT | Chandler Harper | +10 | $0 | |
| CUT | Johnny Revolta | +10 | $0 | |
| CUT | Gene Andrews Amateur | +11 | $0 | |
| CUT | Vic Ghezzi | +11 | $0 | |
| CUT | Koichi Ono | +11 | $0 | |
| CUT | Dick Chapman Amateur | +13 | $0 | |
| CUT | Bob Charles Amateur | +13 | $0 | |
| CUT | Herman Keiser | +13 | $0 | |
| CUT | Denny Shute | +13 | $0 | |
| CUT | Lew Worsham | +13 | $0 | |
| CUT | Sam Parks Jr. | +14 | $0 | |
| CUT | Frank Phillips | +14 | $0 | |
| CUT | Gene Sarazen | +15 | $0 | |
| CUT | Craig Wood | +15 | $0 | |
| CUT | Charles Sheppard | +18 | $0 | |
| CUT | Bud Taylor Amateur | +18 | $0 | |
| CUT | Billy Burke | +19 | $0 | |
| CUT | Don Cherry Amateur | +19 | $0 | |
| CUT | Tony Manero | +20 | $0 | |
| CUT | Hillman Robbins Amateur | +20 | $0 | |
| CUT | Henri de Lamaze Amateur | +21 | $0 | |
| CUT | Horton Smith | +22 | $0 | |
| WD | Jock Hutchison | Not known | ||
| WD | Fred McLeod | Not known |
Masters Tournament winner's share over time
This year is labeled. Full tournament history →
1958 Masters Tournament payout FAQ
How much did the winner of the 1958 Masters Tournament get?
Arnold Palmer won $11,250 from a $60,050 purse.
What was the 1958 Masters Tournament purse?
$60,050.
How much did last place get at the 1958 Masters Tournament?
The smallest check was $350, to Norman Von Nida (43).
How many players made the cut at the 1958 Masters Tournament?
43 players made the cut and finished, and 41 players missed it.