Arnold Palmer finished -6 and took 20% of the purse. That $17,500 is worth about $196,593 in 2026 dollars.
How the 1960 Masters Tournament purse was split
Every paid player in finishing order. The top 10 took 74% of the money, and the dashed line marks the smallest check.
1960 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 | -6 | $15,000 | $17,500 +17% |
| 2 | Ken Venturi | -5 | $7,500 | $10,500 +40% |
| 3 | Dow Finsterwald | -4 | $4,500 | $7,000 +56% |
| 4 | Billy Casper | -1 | $2,625 | $5,250 +100% |
| 5 | Julius Boros | E | $4,200 | |
| T6 | Walter Burkemo | +1 | $2,800 | |
| T6 | Ben Hogan | +1 | $2,800 | |
| T6 | Gary Player | +1 | $2,800 | |
| T9 | Lionel Hebert | +2 | $1,575 | |
| T9 | Stan Leonard | +2 | $1,575 | |
| T11 | Jack Burke, Jr. | +4 | $1,225 | |
| T11 | Sam Snead | +4 | $1,225 | |
| T13 | Ted Kroll | +5 | $1,225 | |
| T13 | Jack Nicklaus Amateur | +5 | Not known | |
| T13 | Billy Joe Patton Amateur | +5 | Not known | |
| T16 | Bruce Crampton | +6 | $1,050 | |
| T16 | Claude Harmon | +6 | $1,050 | |
| T16 | Fred Hawkins | +6 | $1,050 | |
| T16 | Mike Souchak | +6 | $1,050 | |
| T20 | Tommy Bolt | +7 | $875 | |
| T20 | Don January | +7 | $875 | |
| T20 | Ed Oliver | +7 | $875 | |
| T20 | Bob Rosburg | +7 | $875 | |
| T20 | Bud Taylor Amateur | +7 | Not known | |
| T25 | Tommy Aaron Amateur | +9 | $1,200 | Not known |
| T25 | Doug Ford | +9 | $1,200 | $875 |
| T25 | Billy Maxwell | +9 | $1,200 | $875 |
| T25 | Dave Ragan | +9 | $1,200 | $875 |
| T29 | George Bayer | +10 | $500 | |
| T29 | Deane Beman Amateur | +10 | Not known | |
| T29 | Richard Crawford Amateur | +10 | Not known | |
| T29 | Doug Sanders | +10 | $500 | |
| 33 | Gene Andrews Amateur | +11 | Not known | |
| T34 | Jerry Barber | +12 | $350 | $500 |
| T34 | Jack Fleck | +12 | $350 | $500 |
| T34 | Chuck Kocsis Amateur | +12 | $350 | Not known |
| T34 | Dave Marr | +12 | $350 | $500 |
| T34 | Harry Weetman | +12 | $350 | $500 |
| T39 | Charles Coe Amateur | +13 | $350 | Not known |
| T39 | Chick Harbert | +13 | $350 | $500 |
| T39 | Jay Hebert | +13 | $350 | $500 |
| T39 | Jim Turnesa | +13 | $350 | $500 |
| 43 | Lloyd Mangrum | +14 | $500 | |
| 44 | Lew Worsham | +18 | $500 | |
| 45 | Ward Wettlaufer Amateur | +23 | Not known | |
| CUT | Jimmy Demaret | +7 | $0 | |
| CUT | Bob Goalby | +7 | $0 | |
| CUT | Harold Henning | +7 | $0 | |
| CUT | Dick Knight | +7 | $0 | |
| CUT | Cary Middlecoff | +7 | $0 | |
| CUT | Ángel Miguel | +7 | $0 | |
| CUT | Mason Rudolph | +7 | $0 | |
| CUT | Paul Runyan | +7 | $0 | |
| CUT | Kel Nagle | +8 | $0 | |
| CUT | Byron Nelson | +8 | $0 | |
| CUT | Norman Von Nida | +8 | $0 | |
| CUT | William C. Campbell Amateur | +9 | $0 | |
| CUT | Ed Furgol | +9 | $0 | |
| CUT | Vic Ghezzi | +9 | $0 | |
| CUT | Mário Gonzalez | +9 | $0 | |
| CUT | Charles Harrison Amateur | +9 | $0 | |
| CUT | Gene Littler | +9 | $0 | |
| CUT | Henry Picard | +9 | $0 | |
| CUT | Horton Smith | +9 | $0 | |
| CUT | David Goldman Amateur | +10 | $0 | |
| CUT | Chandler Harper | +10 | $0 | |
| CUT | Robert Sweeny Jr. Amateur | +10 | $0 | |
| CUT | Bo Wininger | +10 | $0 | |
| CUT | Denny Shute | +11 | $0 | |
| CUT | Billy Burke | +12 | $0 | |
| CUT | Denis Hutchinson | +12 | $0 | |
| CUT | Herman Keiser | +12 | $0 | |
| CUT | Gene Sarazen | +12 | $0 | |
| CUT | Dudley Wysong Amateur | +12 | $0 | |
| CUT | Tony Manero | +13 | $0 | |
| CUT | Ernie Vossler | +14 | $0 | |
| CUT | Sam Parks Jr. | +15 | $0 | |
| CUT | Johnny Revolta | +18 | $0 | |
| CUT | Chick Evans Amateur | +36 | $0 | |
| WD | Craig Wood | +8 | Not known | |
| WD | Jock Hutchison | Not known | ||
| WD | Fred McLeod | Not known | ||
| DQ | Dick Chapman Amateur | +7 | Not known |
Masters Tournament winner's share over time
This year is labeled. Full tournament history →
1960 Masters Tournament payout FAQ
How much did the winner of the 1960 Masters Tournament get?
Arnold Palmer won $17,500 from a $87,050 purse.
What was the 1960 Masters Tournament purse?
$87,050.
How much did last place get at the 1960 Masters Tournament?
The smallest check was $500, to Lew Worsham (44).
How many players made the cut at the 1960 Masters Tournament?
45 players made the cut and finished, and 34 players missed it.