LIV Golf Miami purse, payout breakdown: How much prize money will the 2022 winners make?

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Let's face it: one of the biggest draws of LIV Golf has been the money — and there will certainly be plenty of it up for grabs this weekend.

The new tour wraps up its inaugural season from Oct. 28 through Oct. 30 with the 2022 LIV Golf Team Championship at Trump National Doral in Miami. Forty-eight golfers from around the world will compete for the year's biggest prize, and the stakes have never been higher. 

The event's purse is a whopping $50 million — more than any other LIV tournament this year by a wide margin. Twelve four-man teams will be competing for the grand prize: a check for a cool $16 million. 

MORE: Odds, best bets, expert picks for LIV Golf Miami Team Championship

Here's a full breakdown of the prize money on offer this week:

LIV Golf Miami Team Championship purse

The total purse for the LIV Golf season finale tournament is $50 million. The format consists of 12 teams with four players each, and prize money will be paid out to each team based on where they finish. 

How much money do LIV Golf Miami winners get?

The team that finishes in first place will receive the winner's share, totaling $16 million to be split among the four team members. That amounts to $4 million each for the players who come out on top.

For comparison, Scottie Scheffler received $2.7 million for winning the green jacket at this year's Masters Tournament, arguably the biggest honor in the sport. 

MORE: LIV Golf Miami teams, tee times and more

LIV Golf Miami Team Championship payouts

Here is the full list of payouts this weekend at the 2022 LIV Golf Team Championship, with each team's total winnings and the share for each of its four players listed below: 

Place Payout
1 $16,000,000 ($4,000,000 each)
2 $8,000,000 ($2,000,000 each)
3 $6,000,000 ($1,500,000 each)
4 $4,000,000 ($1,000,000 each)
5 $3,000,000 ($750,000 each)
6 $3,000,000 ($750,000 each)
7 $3,000,000 ($750,000 each)
8 $3,000,000 ($750,000 each)
9 $1,000,000 ($250,000 each)
10 $1,000,000 ($250,000 each)
11 $1,000,000 ($250,000 each)
12 $1,000,000 ($250,000 each)
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Sam Jarden is a content producer at Sporting News.