The winner of the 151st Open Championship will receive a record payout of $3m (£2.3m) after the R&A announced a record prize fund for this year's tournament.
A total of $16.5m (£12.7m) will be up grabs for players competing at Royal Liverpool Golf Club, an increase of 18% compared to the 150th Open staged at St Andrews.
First place pocketing a figure in excess of £2m marks a rise of $500,000 (£387k) on last year's reward for claiming top spot, earned by Cameron Smith of Australia. Second position will take home a sizeable $1.7m (£1.31m), with third spot in line to receieve just over $1m (£774m).
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Martin Slumbers, CEO of The R&A, said: "Our aim is to ensure The Open remains at the pinnacle of world golf and we have almost doubled the prize fund since 2016.
"While we are seeing substantial increases in prize money across the men's professional game, we are fulfilling our wider obligation to the sport by elevating the AIG Women's Open, strengthening pathways in the elite amateur game and encouraging more people around the world to play golf. We believe that getting this balance right is vital to the long-term future of the sport."
The Open will begin on July 20 and end on July 23, with Rory McIlroy and Jon Rahm the leading candidates to come out on top. Upon the competition of this event, golf's oldest major will again return to Merseyside in three years' time after Royal Birkdale was yesterday confirmed as the 2026 host venue.
The Open: Full prize money breakdown
1 $3,000,000
2 $1,708,000
3 $1,095,000
4 $851,000
5 $684,500
6 $593,000
7 $509,500
8 $429,700
9 $377,000
10 $340,500
11 $310,000
12 $274,700
13 $258,300
14 $241,800
15 $224,800
16 $206,600
17 $196,600
18 $187,500
19 $179,600
20 $171,100
21 $163,100
22 $155,000
23 $146,700
24 $138,500
25 $133,800
26 $128,000
27 $123,300
28 $119,100
29 $113,900
30 $108,000
31 $104,500
32 $99,200
33 $95,700
34 $93,000
35 $89,800
36 $86,200
37 $82,200
38 $78,000
39 $75,200
40 $72,800
41 $69,800
42 $66,400
43 $63,400
44 $59,800
45 $56,400
46 $53,400
47 $51,300
48 $49,300
49 $47,000
50 $45,900
51 $44,900
52 $44,100
53 $43,400
54 $42,800
55 $42,100
56 $41,500
57 $41,100
58 $40,800
59 $40,500
60 $40,200
61 $40,000
62 $39,800
63 $39,600
64 $39,400
65 $39,200
66 $38,900
67 $38,600
68 $38,300
69 $38,000
70 $37,800