In 2023, the US Open has hit a record-breaking prize money jackpot, surpassing $65 million for the first time. This is a big jump from the $60 million in 2022, with an 8.15% increase.
The champion this year will take home $3 million, which is 15.38% more than what Carlos Alcaraz and Iga Swiatek received last year when they won.
The runner-up will also see a 15.38% increase compared to 2022, taking home $1.5 million.
For other players in the tournament, the prize money increases are smaller. For instance, first-round losers will get $81,500, a 1.88% increase from last year. Qualifying round losers will see slightly higher increases, with Q1 losers getting $21,000, up 5.50% from twelve months ago.
In men’s and women’s doubles, the champions will share $700,000, a 1.74% increase from 2022. Besides the money for playing, the US Open also covers a big part of players’ expenses. This year, it’s gone up significantly by 81.05%. Players now get travel vouchers worth $1,000, up to $600 per day for a hotel room, and more for food, meaning they keep more of their prize money.
Here’s a breakdown of the prize money for singles and doubles in USD, GBP, and Euros, with the percentage change from 2022:
Men’s and Women’s Singles Prize Money 2023:
- Winner: $3,000,000, £2,358,185, €2,760,372 (15.38% increase)
- Runner-up: $1,500,000, £1,179,092, €1,380,186 (15.38% increase)
- Semifinal: $775,000, £609,198, €713,096 (9.93% increase)
- Quarterfinal: $455,000, £357,658, €418,656 (2.25% increase)
- And so on for other rounds.
Men’s and Women’s Doubles Prize Money 2023 (per player):
- Winner: $700,000, £550,265, €644,102 (1.74% increase)
- Runner-up: $350,000, £275,132, €322,051 (1.74% increase)
- Semifinal: $180,000, £141,497, €165,626 (4.65% increase)
- Quarterfinal: $100,000, £78,609, €92,015 (2.56% increase)
- And so on for other rounds.
Mixed Doubles Prize Money 2023:
- Winner: $170,000, £133,648, €156,452 (4.29% increase)
- Runner-up: $85,000, £66,824, €78,226 (4.29% increase)
- Semifinal: $42,500, £33,412, €39,113 (1.19% increase)
- Quarterfinal: $23,200, £18,239, €21,351 (0.87% increase)
- And so on for other rounds.
Lastly, there’s also an increase in other forms of remuneration, such as wheelchair events and payments for daily expenses and hotel stays. These are the highest they’ve been in a while.
The US Open’s prize money history from 1968 to 2023 shows a remarkable journey of financial growth and fluctuations over the years. It’s a testament to the enduring appeal of this prestigious tennis event.