Australian Open prize money: How much will the winners make in 2024? Purse, breakdown for field

Emily Dozier

Australian Open prize money: How much will the winners make in 2024? Purse, breakdown for field image

In just a short time, the Australian Open winners will be crowned.

And the prize got bigger and better this year. The event, which is already known for having one of the highest payouts in the sport, saw a big jump in prize money. Those who exit the tournament early will see the biggest difference in their rewards, as each competitor still sees a financial gain.

The Melbourne-based tournament is the first of the Grand Slam cycle this year, and it's setting up to be good start to the season with legendary rematches kicking off the semifinals.

MORE: Watch the 2024 Australian Open with Fubo (free trial)

With all the new excitement this year, take a look at the purse and prize breakdown of this year's Australian Open.

What is the Australian Open purse for 2024?

The total purse for the 2024 Australian Open is set at $57 million US, or $86.5 million Australian. It's a 113 percent increase from last year.

How much money does the Australian Open 2024 winner get?

Winners of the men's and women's singles events will earn $2,130,975 (US) each. That's a 5.88 percent increase from the 2023 reward.

Men's and women's doubles victors will take home $497,827 while mixed doubles winners earn $112,523. Both prizes are increases from last year.

Prize money breakdown for Australian Open 2024

Men's and women's singles

Place Prize money
Winner $2,130,975
Runner-up $1,166,963
Semifinalist $669,735
Quarterfinalist $405,900
Round 4 $253,688
Round 3 $172,508
Round 2 $121,770
Round 1 $81,180

Men's and women's doubles

Place Prize money
Winner $497,827
Runner-up $272,782
Semifinalist $155,145
Quarterfinalist $84,290
Round 3 $51,147
Round 2 $36,144
Round 1 $24,550

Mixed doubles

Place Prize money
Winner $112,523
Runner-up $64,104
Semifinalist $34,098
Quarterfinalist $18,072
Round 2 $9,053
Round 1 $4,705

Grand slam tournament prize money breakdown

Totals from 2023 based on current conversion rates (USD)

French Open

  • Total: $53.03 million
  • Winners: $2.49 million
  • Runners-up: $1.24 million
  • Semifinalists: $680,000
  • Quarter-finalists: $432,266
  • First round: $74,566

Wimbledon

  • Total: $55.42 million
  • Winners: $2.91 million
  • Runners-up: $1.46 million
  • Semifinalists: $740,000
  • Quarter-finalists: $421,536
  • First round: $68,189

US Open

  • Total:$63.37 million
  • Winners: $2.92 million
  • Runners-up: $1.46 million
  • Semifinalists: $750,000
  • Quarter-finalists: $443,559
  • First round: $79,450

Emily Dozier

Emily Dozier Photo

Emily Dozier is a live events and lifestyle writer at The Sporting News, covering everything from sporting events and music festivals to broadway shows and stand-up comedy. Based out of New York, she graduated from the University of Georgia with a bachelor’s degree in journalism. When not covering the SN tickets beat, Emily enjoys playing volleyball and cooking. Prior to joining The Sporting News in 2023, Emily covered the 2023 FIFA Women's World Cup for the Associated Press.