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The 2024 Masters champion will pocket a cheque for $5.5 million, the biggest in the tournament's 90-year history.

In a further sign that golf's prize-money war is spiralling out of control, this year's Masters winner will pocket an eye-watering $US3.6 million ($A5.5 million).

And that is still not even as much as last week's LIV Golf Miami winner Dean Burmester received.

Burmester, who didn't qualify for the year's first major championship at Augusta National, took home $6.1 million.

Tournament officials on Saturday said players who made the weekend cut would share a purse of $US20 million ($A30.8 million) - the same as the US PGA Tour's eight "Signature" events introduced this season in response to the insane prize money being offered to the LIV Golf defectors.

The Masters runner-up on Sunday will collect $US2.16 million ($A3.3 million) and 50th placegetter will bank $US50,400 ($A78,000).

To put the inflationary prize pools in perspective, this year's victor will receive more than the entire purse that was offered when Tiger Woods won his first green jacket in 1997.

Masters prize money:

1. $US3.6 million ($A5.5 million)

2. $US2.16 million ($A3.3 million)

3. $US1.36 million ($A2.1 million)

4. $US960,000 ($A1.5 million)

5. $US800,000 ($A1.2 million)

6. $US720,000 ($A1.1 million)

7. $US670,000 ($1 million)

8. $US620,000 ($US955,000)

9. $US580,000 ($A890,000)

10. $US540,000 ($A832,000)