Australian Open 2020 has got another prize money hike with 13.6% increase compared to 2019 prize money pool. The total prize money purse for 2020 Australian Open will be AUD$71 million (USD$48.8m). Men and women singles winners will pocket AUD$4.5 million (USD$3.2m) each. Below is the entire breakdown of Australian Open 2020 prize money
Australian Open 2020 see record 13.6% increase in the total prize money pool which will take the total prize money for the entire competition to AUD$71 million (USD$48.8m) compared to AUD$60.5 million offered in 2019. Men and Women singles champions will take home AUD$4.12 million each. The runner-ups will also pocket AUD$2.06 million while semifinalists in both mens and women singles event will pocket around AUD$1.04m. The increase comes as part of yearly agreement where all four grand slams have been constantly increasing total prize money purse over the past 10 years. Currently US Open is the highest paying grand slam with over $50 million offered in 2018 US Open.
Here is the complete breakout of the 2020 prize money purse for Australia Open in different categories. Players losing in the qualifying rounds also gets paid. (all numbers below are in Australian dollar, if stated otherwise)
|STAGES||Mens Singles||Women Singls||Mens Doubles||Women Doubles||Mixed Doubles||Other Events|
We can safely assume that all other three grand slams will also increase their prize money in 2021 and here is our complete breakdown of all four grand slams prize money details.
The increase see the players winning their singles qualifying round matches earning more than double what they were paid in 2019. Men’s singles qualifying round 1 winners will take home around AUD$20,000, second round winners will get $32,500 and third round winners will pocked massive AUD$50,000. Both mens and women doubles event also got increase with winners taking home $825,000 while runner ups pocketing as much as $425,000.