T20 World Cup 2024 Prize Money Breakdown
After 54 intense matches spanning 28 days across nine venues in the West Indies and the USA, the T20 World Cup 2024 culminates with the final showdown between India and South Africa at Kensington Oval Stadium on June 29.
Prize Money for the T20 World Cup 2024 Winner
The champion of the T20 World Cup 2024 will receive a substantial prize of $2.45 million, which is approximately Rs 19.95 crore.
Prize Money for the T20 World Cup 2024 Runner-Up
The team finishing as the runner-up will be awarded $1.28 million, equivalent to Rs 10.64 crore.
Total Prize Pool for ICC T20 World Cup 2024
The total prize pool for this year’s T20 World Cup stands at an impressive $11.25 million, which translates to around Rs 93 crore.
Prize Money Comparison with Previous T20 World Cups
The prize money for the 2024 T20 World Cup is the highest ever awarded in the history of the tournament.
| ICC MEN’S T20 WORLD CUP PRIZE MONEY | ||||
| YEAR | WINNER | PRIZE MONEY | RUNNER-UP | PRIZE MONEY |
| 2007 | India | $1.2 million | Pakistan | $600,000 |
| 2009 | Pakistan | $800,000 | Sri Lanka | $400,000 |
| 2010 | England | $800,000 | Australia | $400,000 |
| 2012 | West Indies | $1.1 million | Sri Lanka | $550,000 |
| 2014 | Sri Lanka | $1.1 million | India | $550,000 |
| 2016 | West Indies | $1.6 million | England | $800,000 |
| 2021 | Australia | $1.6 million | New Zealand | $800,000 |
| 2022 | England | $1.6 million | Pakistan | $800,000 |
| 2024 | India | $11.25 million | South Africa | $1.28 million |
T20 World Cup vs. FIFA World Cup Prize Money
For comparison, the FIFA World Cup 2022 awarded a prize of $42 million to the winning team, nearly four times the total prize pool of the T20 World Cup 2024. Notably, the prize money for the football World Cup has seen significant increases in recent years.