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2024 Australian Open Prize Money Breakdown Per Round

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Australian Open Prize Money
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Australian Open 2024 Prize Money Breakdown Per Round

Australian Open 2024 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 =>

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$86,5 million (AUD$76.5 million) in prize money for 2024.

The 2024 Australian Open winner and Champion will receive AUD$3,150 000 and the runner-up gets AUD$1,725 000.

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.

2024 Australian Open Prize Money Breakdown2024 Australian Open Prize Money Breakdown

How much is Prize money Australian Open? Australian Open minimum prize money? Here is the complete breakdown of the 2024 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.

The total prize money purse for the 2024 Australian Open will be AUD$86.5 million (USD $57,2 million).

The total price money has been increased by 13.07% compared to the 2023 prize money pool.

Australian Open Prize Money Distribution

Below is the entire breakdown of Australian Open 2024 prize money. Here is the Australian Open prize money breakdown for all competitions:

Australian Open Prize Money 2024 Singles (AUD) Doubles* (AUD) Mixed
Doubles* (AUD)
Winner $3 150 000 $730 000 $165 000
Runners-up $1 725 000 $400 000 $94 000
Semi-Finalists $990 000 $227,500 $50 000
Quarter-Finalists $600 000 $128 000 $26 500
Round of 16 $375 000 $75 000 $13 275
Round of 32 $255 000 $53 000 $6 900
Round of 64 $180 000 $36 000 N/A 
Round of 1281
$120 000 N/A N/A
Qualifying Round 3 $65 000 N/A N/A
Qualifying Round 2 $44 100 N/A N/A
Qualifying Round 1 $31 250 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 2024 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 =>

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 2024 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 2024 Australian
dollars (AUD)
US dollars
( USD)
British pounds
(GBP)
Winner $3 150 000 $2 079 992 ÂŁ1 630 094
Runners-up $1 725 000 $1 139 043 ÂŁ892 670
Semi-Finalists $990 000 $653 712 ÂŁ512 315
Quarter-Finalists $600 000 $396 189 ÂŁ310 494
Round of 16 $375 000 $247 618 ÂŁ194 059
Round of 32 $255 000 $168 380 ÂŁ131 960
Round of 64 $180 000 $118 857 ÂŁ93 148
Round of 1281
$120 000 $79 238 ÂŁ62 099
Qualifying Round 3 $65 000 $42 920 ÂŁ33 637
Qualifying Round 2 $44 100 $29 120 ÂŁ22 821
Qualifying Round 1 $31 250 $20 635 ÂŁ16 172

Men and women singles winners will pocket AUD$3.15 million (AUD$2.975 million) each.

The runner-ups will also pocket AUD$1.725 million (AUD$1.625 million) while semifinalists in both mens and women singles event will pocket AUD$990 000 ($925 000).

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$31 250, second round winners will get AUD$44 100 and third round winners will pocked massive AUD$65 000. Watch & Bet on Tennis =>

2024 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 (2,00), Carlos Alcarez (4,00), Jannik Sinner (7,00) and Daniil Medvedev (8,00) have a very good chance of winning the title this year.

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

Another dark horse is Carlos Alcarez who many think is the future World No.1. Carlos Alcarez 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 another Spanish to win the Australian Open after Nadal.

Australian Open men’s winner odds 2024 Odds
Novak Djokovic 2,00
Carlos Alcarez 4,00
Jannik Sinner 7,00
Daniil Medvedev 8,00
Rafael Nadal 17,00

2024 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 2024
Odds
Iga Swiatek 3,25
Aryna Sabalenka 8,50
Jessica Pegula 13,00
Coco Gauff 13,00
Elena Rybakina 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 AUD$730 000 (AUD$695 000) while runner ups pocketing as much as AUD$400 000 (AUD$370 000).

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

Australian Open Doubles Prize Money 2024 Australian
dollars (AUD)
US dollars
( USD)
British pounds
(GBP)
Winner $730 000 $482 030 ÂŁ377 768
Runners-up $400 000 $264 126 ÂŁ206 996
Semi-Finalists $227 500 $150 222 ÂŁ117 729
Quarter-Finalists $128 000 $84 520 ÂŁ66 239
Round of 16 $75 000 $49 524 ÂŁ38 812
Round of 32 $53 000 $34 997 ÂŁ27 427
Round of 64 $36 000 $23 771 ÂŁ18 630

Australian Open tennis men’s doubles prize money

Australian Open prize money men’s doubles? The winning men’s team get 730 000 AUD in price money which is approximately 482 030 USD and 377 768 GBP.

Australian Open tennis women’s doubles prize money

Australian Open prize money women’s doubles? The winning women’s team get 730 000 AUD in price money which is approximately 482 030 USD and 377 768 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 2024 Australian dollars
(AUD)
US dollars
( USD)
British pounds
(GBP)
Winner $165 000 $108 952 ÂŁ85 386
Runner-up $94 000 $62 070 ÂŁ48 644
Semifinal $50 000 $33 016 ÂŁ25 875
Quarterfinal $26 500 $17 498 ÂŁ13 713
Round 2 $13 275 $8 766 ÂŁ6 870
Round 1 $6 900 $4 556 ÂŁ3 571
2024 Australian Open Prize Money for Mixed Doubles? The winning Mixed Doubles team get 165 000 AUD in price money which is approximately 108 952 USD and 85 386 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 2024:

Year Total prize money (AUD) Change (%)
2024 $86 500 000 13.07%
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 0%

Australian Open total prize money year-by-year

More about Australian Open prize money in tennis

You can read more about Australian Open here: