Larry Mize finished -3 and took 19% of the purse. That $162,000 is worth about $473,692 in 2026 dollars.
How the 1987 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.
1987 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 | Larry Mize | -3 | $144,000 | $162,000 +12% |
| T2 | Seve Ballesteros | -3 | $70,400 | $79,200 |
| T2 | Greg Norman | -3 | $70,400 | $79,200 |
| T4 | Ben Crenshaw | -2 | $38,400 | $37,200 |
| T4 | Jodie Mudd | -2 | $38,400 | $37,200 |
| T4 | Roger Maltbie | -2 | $38,400 | $37,200 |
| T7 | Jack Nicklaus | +1 | $26,200 | |
| T7 | Jay Haas | +1 | $26,200 | |
| T7 | Bernhard Langer | +1 | $26,200 | |
| T7 | Tom Watson | +1 | $26,200 | |
| T7 | D.A. Weibring | +1 | $26,200 | |
| T12 | Lanny Wadkins | +2 | $17,640 | |
| T12 | Curtis Strange | +2 | $17,640 | |
| T12 | Mark McCumber | +2 | $17,640 | |
| T12 | Chen Tze-chung | +2 | $17,640 | |
| T12 | Chip Beck | +2 | $17,640 | |
| T17 | Paul Azinger | +3 | $13,050 | |
| T17 | Mark Calcavecchia | +3 | $13,050 | |
| T17 | Sandy Lyle | +3 | $13,050 | |
| T17 | Craig Stadler | +3 | $13,050 | |
| 21 | Bobby Wadkins | +4 | $9,300 | $10,800 +16% |
| T22 | Nick Price | +5 | $9,750 | |
| T22 | Gary Koch | +5 | $9,750 | |
| T24 | Tom Kite | +6 | $7,900 | |
| T24 | John Cook | +6 | $7,900 | |
| T24 | Mark O'Meara | +6 | $7,900 | |
| T27 | Corey Pavin | +7 | $6,267 | |
| T27 | Scott Simpson | +7 | $6,267 | |
| T27 | Fuzzy Zoeller | +7 | $6,267 | |
| T27 | Denis Watson | +7 | $6,267 | |
| T27 | Donnie Hammond | +7 | $6,267 | |
| T27 | David Graham | +7 | $6,267 | |
| T33 | Calvin Peete | +8 | $5,200 | |
| T33 | Gene Sauers | +8 | $5,200 | |
| T35 | Gary Player | +9 | $4,300 | $4,257 |
| T35 | Joey Sindelar | +9 | $4,300 | $4,257 |
| T35 | Mark Wiebe | +9 | $4,300 | $4,257 |
| T35 | Hubert Green | +9 | $4,300 | $4,257 |
| T35 | John Mahaffey | +9 | $4,300 | $4,257 |
| T35 | Howard Clark | +9 | $4,300 | $4,257 |
| T35 | Andy Bean | +9 | $4,300 | $4,257 |
| T42 | Johnny Miller | +10 | $3,200 | $3,333 |
| T42 | Payne Stewart | +10 | $3,200 | $3,333 |
| T42 | Jim Thorpe | +10 | $3,200 | $3,333 |
| T45 | Don Pooley | +12 | $2,700 | $2,800 |
| T45 | Kenny Knox | +12 | $2,700 | $2,800 |
| T45 | David Frost | +12 | $2,700 | $2,800 |
| 48 | Mike Hulbert | +13 | $2,300 | $2,400 +4% |
| 49 | Bruce Lietzke | +14 | $2,300 | |
| T50 | Billy Casper | +17 | $2,200 | |
| T50 | Dave Barr | +17 | $2,200 | |
| T50 | Tommy Aaron | +17 | $2,200 | |
| T50 | Mac O'Grady | +17 | $2,200 | |
| 54 | Robert Lewis | +21 | Not known | |
| MC | José María Olazábal | +10 | $0 | |
| MC | Brian Montgomery | +17 | $0 | |
| MC | Jay Sigel | +16 | $0 | |
| MC | Garth McGimpsey | +12 | $0 | |
| MC | Fred Wadsworth | +12 | $0 | |
| MC | Art Wall Jr. | +17 | $0 | |
| MC | Andy North | +9 | $0 | |
| MC | Masashi Ozaki | +11 | $0 | |
| MC | Arnold Palmer | +16 | $0 | |
| MC | Dan Pohl | +8 | $0 | |
| MC | Lee Trevino | +12 | $0 | |
| MC | Bob Tway | +9 | $0 | |
| MC | Scott Verplank | +8 | $0 | |
| MC | Hal Sutton | +9 | $0 | |
| MC | Doug Tewell | +17 | $0 | |
| MC | Buddy Alexander | +8 | $0 | |
| MC | Billy Andrade | +8 | $0 | |
| MC | Isao Aoki | +14 | $0 | |
| MC | Gay Brewer | +17 | $0 | |
| MC | George Burns | +8 | $0 | |
| MC | Charles Coody | +11 | $0 | |
| MC | Ernie Gonzalez | +13 | $0 | |
| MC | David Curry | +12 | $0 | |
| MC | Rick Fehr | +9 | $0 | |
| MC | Ray Floyd | +8 | $0 | |
| MC | Doug Ford | +16 | $0 | |
| MC | Chris Kite | +12 | $0 | |
| MC | Ken Green | +11 | $0 | |
| MC | Bob Murphy | +11 | $0 | |
| MC | Tommy Nakajima | +10 | $0 | |
| MC | Larry Nelson | +10 | $0 |
Masters Tournament winner's share over time
This year is labeled. Full tournament history →
1987 Masters Tournament payout FAQ
How much did the winner of the 1987 Masters Tournament get?
Larry Mize won $162,000 from a $867,100 purse.
What was the 1987 Masters Tournament purse?
$867,100.
How much did last place get at the 1987 Masters Tournament?
The smallest check was $2,200, to Mac O'Grady (T50).
How many players made the cut at the 1987 Masters Tournament?
54 players made the cut and finished, and 31 players missed it.