Soon, the winner of the Australian Open will be crowned.
And this year’s prizes are even more generous. Already known as one of the highest prizes in the sport, the event saw a significant jump in prize money. Those who finish the tournament early will see the biggest difference in rewards, as each contestant can still receive financial benefits.
The Melbourne-based tournament is the first of this year’s Grand Slam cycle and is poised to get the season off to a good start, with a legendary rematch starting in the semi-finals.
more: Watch the 2024 Australian Open on Fubo (Free Trial)
With all the new excitement brewing this year, let’s take a look at this year’s Australian Open prize money and prize breakdown.
What is the 2024 Australian Open prize money?
The total prize money for the 2024 Australian Open is set at $57 million in the United States and $86.5 million in Australia. This is an increase of 113% compared to last year.
How much prize money will the 2024 Australian Open winner get?
The men’s singles and women’s singles winners will each win $2,130,975 (U.S.). This was a 5.88% increase from 2023 compensation.
The men’s and women’s doubles winner will earn $497,827, and the mixed doubles winner will earn $112,523. Both prizes have increased from last year.
2024 Australian Open prize money breakdown
Men’s/Women’s Singles
| place | Prize money |
| winner | $2,130,975 |
| runner-up | $1,166,963 |
| Semi-finalist | $669,735 |
| Quarterfinalists | $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 |
| Semi-finalist | $155,145 |
| Quarterfinalists | $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 |
| Semi-finalist | $34,098 |
| Quarterfinalists | $18,072 |
| round 2 | $9,053 |
| round 1 | $4,705 |
Breakdown of Grand Slam tournament prize money
Total from 2023 based on current exchange rate (USD)
french open
- total: 53.03 million dollars
- winner: 2.49 million dollars
- runner-up: 1.24 million dollars
- Semi-finalists: $680,000
- Quarterfinalists: $432,266
- first round: $74,566
wimbledon
- total: 55.42 million dollars
- winner: 2.91 million dollars
- runner-up: 1.46 million dollars
- Semi-finalists: $740,000
- Quarterfinalists: $421,536
- first round: $68,189
us open
- total: 63.37 million dollars
- winner: 2.92 million dollars
- runner-up: 1.46 million dollars
- Semi-finalists: $750,000
- Quarterfinalists: $443,559
- first round: $79,450
