The Australian Open will offer a record prize pot for players to win in 2024, with significant increases throughout the rounds compared to previous editions.
A grand total of $86.5m AUD (£45.5m) will be shared out across the tournament with the winner to pocket a healthy $3.15m AUD (£1.7m) for their exploits.
Men's and women's singles prize money will be equal once again in 2024, and players who exit their respective tournaments in the early stages will receive a higher proportional rise compared to 2023.
A first-round exit will earn players $120,000 AUD (£63k) – a 13% rise year-on-year – with similar increases for those who are eliminated prior to the quarter-finals.
Players will generally compete for glory and ranking points above all, but a healthy payday sounds like a solid way to kick-start the new year.
RadioTimes.com brings you all the confirmed Australian Open prize money figures for the tournament in 2024.
Read more: Australian Open TV coverage | Australian Open order of play | Australian Open British players | Australian Open seed tracker | Australian Open presenters | Australian Open most titles
Australian Open prize money 2024 – Men's and Women's Singles
Total amounts per player.
- Winner: $3.15m AUD (£1.7m)
- Runner-up: $1.73m AUD (£910k)
- Semi-finals: $990k AUD (£522k)
- Quarter-finals: $600k AUD (£317k)
- Round 4: $375k AUD (£198k)
- Round 3: $255k AUD (£135k)
- Round 2: $180k AUD (£95k)
- Round 1: $120k AUD (£63k)
- Q3: $65k AUD (£34k)
- Q2: $44k AUD (£23k)
- Q1: $31k AUD (£16k)
Australian Open prize money 2024 – Men's and Women's Doubles
Total amounts per pair.
- Winners: $730k AUD (£391k)
- Runners-up: $400k AUD (£214k)
- Semi-finals: $228k AUD (£122k)
- Quarter-finals: $128k AUD (£69k)
- Round 3: $75k AUD (£40k)
- Round 2: $53k AUD (£28k)
- Round 1: $36k AUD (£19k)
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