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2023 Australian Open Prize Money Breakdown Per Round

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Australian Open Prize Money
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Australian Open 2023 Prize Money Breakdown Per Round

Australian Open 2023 breakdown per round and winners? How much is the Australian Open prize money? How much money does the Australian Open Singles and Doubles winners get? Watch & Bet on Tennis Live Here >

The year’s first Grand Slam tennis tournament is underway and is into its first week. The best tennis players in the world will take on one another to find out who wins the Grand Slam of the Asia Pacific.

All the biggest names in the tennis world go to Australia to compete for the title. Since the tournament is a Grand Slam, the prize money is also massive here. In this article we will go through everything about the prize money.

Australian Open Prize Money 2023 Breakdown

All-time high Australian Open prize money pool

The Grand Slam tennis tournament in Melbourne will see players compete for a new all-time high prize money pool as the Australian Open has just announced AUD $76.5 million in prize money for 2023.

The 2023 Australian Open winner and Champion will receive $2,975,000 and the runner-up gets $1,625,000.

It is the highest prize money for the Australian Open tennis tournament. Despite the prize money being in huge amounts, its one of the lowest as far as Grand Slams are concerned. The names of the tournament winners are inscribed on the perpetual trophy cups.

  • The women’s singles winner is presented with the Daphne Akhurst Memorial Cup.
  • The men’s singles winner is presented with the Norman Brookes Challenge Cup.

2023 Australian Open Prize Money Breakdown2023 Australian Open Prize Money Breakdown

How much is Prize money Australian Open? Australian Open minimum prize money? Here is the complete breakdown of the 2023 prize money purse for Australia Open in different categories.

Players losing in the qualifying rounds also gets paid. The prize money awarded in the men’s and women’s singles tournaments is distributed equally.

Prize money for winners in every category has been boosted, following a COVID-affected 2021 tournament. 

The total prize money purse for the 2023 Australian Open will be AUD $76.5 million (USD $53,4 million). The total price money has been increased by 6,5% compared to the 2022 prize money pool.

Australian Open Prize Money Distribution

Below is the entire breakdown of Australian Open 2023 prize money. Here is the Australian Open prize money breakdown for all competitions:

Australian Open Prize Money 2023 Singles Doubles* Mixed Doubles*
Winner $2,975,000 $695,000 $157,750
Runners-up $1,625,000 $370,000 $89,450
Semi-Finalists $925,000 $210,000 $47,500
Quarter-Finalists $555,250 $116,500 $25,250
Round of 16 $338,250 $67,250 $12,650
Round of 32 $227,925 $46,500 $6,600
Round of 64 $158,850 $30,975 N/A 
Round of 1281
$106,250 N/A N/A
Qualifying Round 3 $55,150 N/A N/A
Qualifying Round 2 $36,575 N/A N/A
Qualifying Round 1 $26,000 N/A N/A

1Qualifiers prize money was also the Round of 128 prize money.
*per team

Currently US Open is the highest paying grand slam with over $60 million offered in the 2022 US Open.

We can safely assume that all other three grand slams will also increase their prize money in 2023 and here is our complete Grand Slam prize money breakdown. The Grand Slam with the highest prize money is the US Open followed by Wimbledon. Watch & Bet on Tennis Live Here >

Australian Open Prize Money 2023 Breakdown

Australian Open Prize Money for Men’s and Women’s Singles tournaments

We can safely assume that all other three grand slams will also increase their prize money in 2023 and here is our complete grand slam prize money breakdown details. Here’s the breakdown of the prize money for the Men’s and Women’s Singles tournaments for this year’s Australian Open:

Australian Open Singles Prize Money 2023 Australian dollars (AUD) US dollars
( USD)
British pounds
(GBP)
Winner $2,975,000 $1,998,278 £1,570,012
Runners-up $1,625,000 $1,091,496 £857,570
Semi-Finalists $925,000 $621,313 £488,155
Quarter-Finalists $555,250 $372,956 £293,025
Round of 16 $338,250 $227,199 £178,506
Round of 32 $227,925 $153,095 £120,284
Round of 64 $158,850 $106,698 £83,831
Round of 1281
$106,250 $71,367 £56,072
Qualifying Round 3 $55,150 $37,044 £29,105
Qualifying Round 2 $36,575 $24,567 £19,302
Qualifying Round 1 $26,000 $17,464 £13,721

Men and women singles winners will pocket AUD$2.975 million (AUD$2.875 million) each.

The runner-ups will also pocket AUD$1.625 million (AUD$1.575 million) while semifinalists in both mens and women singles event will pocket AUD$925,000 ($895,000).

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.

Men’s singles qualifying round 1 winners will take home around AUD$26,000, second round winners will get $36,575 and third round winners will pocked massive AUD$55,150.Watch & Bet on Tennis Live Here >

2023 Australian Open Men’s Singles Prize Money

Australian Open prize money mens’s singles? The big question here is who wins the Australian Open and how much prize money does the winner get. People often consider how much money the winner gets or how much money does the runner-up or semifinalists. We will now walk you through the prize money each round has.

In the Men’s tournament, usual suspects Novak Djokovic (2,50), Daniil Medvedev (2,50), Alexander Zverev (4,00) and Rafael Nadal (11,00) have a very good chance of winning the title this year.

Last year’s runner-up Daniil Medvedev has been in good form and he is a heavy dark horse to win the tournament this year.

Another dark horse is Alexander Zverev who many think is the future World No.1. Zverev who is the 4th seed has already reached the fourth round of the competition, his personal best and there is a little more than an outside chance of becoming the first German to win the Australian Open in more than two decades.

Australian Open men’s winner odds 2023 Odds
Novak Djokovic 1,82
Daniil Medvedev 7,00
Rafael Nadal 17,00
Nick Kyrgios 17,00
Stefanos Tsitsipas 17,00

2023 Australian Open Women’s Singles Prize Money

Australian Open prize money women’s singles? In the Women’s Singles tournament, Iga Swiatek (3,25) in terrific form and has a very strong chance of lifting her first Australian Open title. Iga Swiatek (3,25) is a heavy favorite to win the title. 

Aryna Sabalenka (8,50) is a rising youngster and is also among the contenders to win the title. Jessica Pegula (13,00) and Ons Jabeur (15,00) are two strong dark horses to win the title.

Australian Open Women’s winner odds 2023
Odds
Iga Swiatek 3,25
Aryna Sabalenka 8,50
Jessica Pegula 13,00
Caroline Garcia 13,00
Ons Jabeur 15,00

Australian Open Prize Money for Men’s and Women’s Doubles and Mixed Doubles

When it comes to Doubles and Mixed Doubles, the prize money is pretty low compared to that of Singles. In fact, the amount the winners get is less than the amount received by the Singles semi-finalists.

Both mens and women doubles event got increase with winners taking home $695,000 while runner ups pocketing as much as $370,000.

Here is the prize money for various rounds in the Men’s and Women’s Doubles tournaments. Watch & Bet on Tennis Live Here >

Australian Open Doubles Prize Money 2023 Australian dollars (AUD) US dollars
( USD)
British pounds
(GBP)
Winner $695,000 $466,748 £388,191
Runners-up $370,000 $248,485 £206,663
Semi-Finalists $210,000 $141,032 £117,295
Quarter-Finalists $116,500 $78,239 £65,071
Round of 16 $67,250 $45,164 £37,562
Round of 32 $46,500 $31,228 £25,973
Round of 64 $30,975 $20,802 £17,301

Australian Open tennis men’s doubles prize money

Australian Open prize money men’s doubles? The winning men’s team get 695,000 AUD in price money which is approximately 466,748 USD and 388,191 GBP.

Australian Open tennis women’s doubles prize money

Australian Open prize money women’s doubles? The winning women’s team get 695,000 AUD in price money which is approximately 466,748 USD and 388,191 GBP.

Australian Open Prize Money for Mixed Doubles

Here is the prize money for various rounds in the Mixed Doubles tournaments:

Australian Open Mixed Doubles Prize Money 2023 Australian dollars (AUD) US dollars
( USD)
British pounds
(GBP)
Winner $157,750 $105,984 £88,116
Runner-up $89,450 $60,097 £49,965
Semifinal $47,500 $31,913 £26,533
Quarterfinal $25,250 $16,964 £14,104
Round 2 $12,650 $8,499 £7,066
Round 1 $6,600 $4,434 £3,687
2023 Australian Open Prize Money for Mixed Doubles? The winning Mixed Doubles team get 157,750 AUD in price money which is approximately 105,984 USD and 88,116 GBP.

Australian Open Prize Money 2023 Breakdown

Australian Open total prize money year-by-year

Here is the total Australian prize money year-by year since inception 2001 until date 2023:

Year Total prize money (AUD) Change (%)
2023 $76,500,000 3.38%
2022 $74,000,000 3.50%
2021 $71,500,000 0.70%
2020 $71,000,000 13.60%
2019 $62,500,000 13.64%
2018 $55,000,000 10.00%
2017 $50,000,000 13.64%
2016 $44,000,000 10.00%
2015 $40,000,000 21.21%
2014 $33,000,000 10.00%
2013 $30,000,000 15.38%
2012 $26,000,000 3.98%
2011 $25,005,635 3.78%
2010 $24,094,000 4.12%
2009 $23,140,000 12.33%
2008 $20,600,000 3.00%
2007 $20,000,000 3.63%
2006 $19,300,000 1.05%
2005 $19,100,000 0.53%
2004 $19,000,000 4.51%
2003 $18,180,000 10.18%
2002 $16,500,000 19.07%
2001 $13,857,625

Australian Open total prize money year-by-year

More about Australian Open prize money in tennis

You can read more about Australian Open here:

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