Masters Tournament cut and the last cheque
We hold 85 players at the 2026 Masters Tournament. 54 made the cut and were paid off the finishing ladder, from the $4,500,000 the winner took down to the $52,200 Charl Schwartzel collected for 54th. 31 missed the cut, and the ladder stops above them.
Every Masters Tournament cut we hold
Newest first. The year opens that edition's full payout ladder.
| YEAR | HELD | PAID | MISSED CUT | SHARE PAID | LAST CHEQUE | MEDIAN CHEQUE |
|---|---|---|---|---|---|---|
| 2026 | 85 | 54 | 31 | 64% | $52,200 | $182,250 |
| 2025 | 91 | 53 | 38 | 58% | $49,980 | $158,550 |
| 2024 | 87 | 59 | 27 | 68% | $44,400 | $124,200 |
| 2023 | 83 | 52 | 26 | 63% | $43,200 | $147,000 |
| 2022 | 85 | 52 | 31 | 61% | $36,000 | $124,500 |
| 2021 | 83 | 54 | 28 | 65% | $26,680 | $79,925 |
| 2020 | 85 | 58 | 25 | 68% | $25,760 | $74,750 |
| 2019 | 78 | 61 | 16 | 78% | $25,415 | $78,200 |
| 2018 | 80 | 52 | 27 | 65% | $26,400 | $93,775 |
| 2017 | 85 | 50 | 34 | 59% | $27,060 | $105,600 |
| 2016 | 75 | 51 | 22 | 68% | $23,400 | $89,000 |
| 2015 | 76 | 51 | 25 | 67% | $23,200 | $68,000 |
| 2014 | 75 | 43 | 32 | 57% | $23,400 | $101,160 |
| 2013 | 70 | 53 | 17 | 76% | $17,600 | $56,040 |
| 2012 | 74 | 52 | 17 | 70% | $17,760 | $56,800 |
| 2011 | 78 | 44 | 33 | 56% | $21,920 | $93,200 |
| 2010 | 68 | 39 | 28 | 57% | $24,750 | $69,000 |
| 2009 | 58 | 36 | 22 | 62% | $19,200 | $71,400 |
| 2008 | 55 | 32 | 23 | 58% | $28,500 | $98,400 |
| 2007 | 53 | 38 | 15 | 72% | $16,530 | $84,462 |
| 2006 | 47 | 30 | 17 | 64% | $21,700 | $67,200 |
| 2005 | 50 | 26 | 22 | 52% | $21,700 | $84,840 |
| 2004 | 44 | 26 | 16 | 59% | $27,950 | $97,500 |
| 2003 | 36 | 24 | 9 | 67% | $19,800 | $93,000 |
| 2002 | 30 | 23 | 7 | 77% | $18,480 | $65,240 |
| 2001 | 28 | 19 | 9 | 68% | $16,240 | $81,200 |
| 2000 | 28 | 21 | 7 | 75% | $11,623 | $53,820 |
| 1999 | 26 | 20 | 3 | 77% | $9,980 | $43,680 |
| 1998 | 23 | 15 | 7 | 65% | $11,840 | $64,800 |
Held is every player we hold a result for at that edition. Paid is the players the finishing ladder paid, and missed cut is the players whose week ended at the cut. Where the two do not add up to the held count, the rest withdrew, were disqualified or finished without a cheque.
How many the ladder paid
Players paid at each edition, 2007 to 2026
What the last place paid was worth
The smallest cheque on the ladder, 2007 to 2026
In 2026 the winner took 86 times what the last player paid took. The median player on the ladder took $182,250, which is where the middle of a paid field sits: much nearer the bottom cheque than the top one.
Missed the cut here most often
Across the 29 editions we hold
| PLAYER | STARTS | MADE | MISSED |
|---|---|---|---|
| José María Olazábal | 27 | 12 | 15 |
| Mike Weir | 27 | 12 | 15 |
| Bernhard Langer | 26 | 13 | 13 |
| Sergio Garcia | 27 | 15 | 11 |
| Fred Couples | 28 | 18 | 10 |
| Vijay Singh | 28 | 17 | 10 |
| Zach Johnson | 22 | 12 | 10 |
| Ángel Cabrera | 19 | 11 | 8 |
| Trevor Immelman | 17 | 9 | 7 |
| Padraig Harrington | 16 | 9 | 7 |
| Graeme McDowell | 10 | 3 | 7 |
| Rory Sabbatini | 10 | 3 | 7 |
| Fred Funk | 8 | 1 | 7 |
| Stewart Cink | 19 | 13 | 6 |
| Gary Woodland | 13 | 6 | 6 |
Never missed the cut here
Players paid at every edition they started, three or more times
| PLAYER | CUTS MADE |
|---|---|
| Tiger Woods | 22 |
| Jon Rahm | 10 |
| Bill Haas | 8 |
| Geoff Ogilvy | 8 |
| Collin Morikawa | 7 |
| Nick Watney | 7 |
| Scottie Scheffler | 7 |
| Bernd Wiesberger | 6 |
| Charley Hoffman | 6 |
| Bob Estes | 5 |
Frequently asked questions
How many players made the cut at the 2026 Masters Tournament?
54 of the 85 players we hold made the cut and were paid, and 31 missed it.
What does the last player to make the cut at the Masters Tournament win?
In 2026 the last place on the ladder was 54th, and Charl Schwartzel took $52,200. The winner's cheque was 86 times that.
What share of players make the cut at the Masters Tournament?
Across the 29 editions we hold, 65% of the players were paid off the ladder: 1,188 of 1,836. That is the 16th highest share of the 66 tournaments we hold.
Who has missed the cut at the Masters Tournament most often?
José María Olazábal, fifteen times in 27 starts we hold, level with Mike Weir.
Where to next
The cut at the tournaments either side of this one
Masters Tournament prize money carries every champion and what the win paid, the Masters Tournament all-time earners ranks every golfer it has paid, and the cut at every golf tournament ranks all 66 by the share of players the ladder pays. The twenty closest to this one on that order: Charles Schwab Challenge, RBC Heritage, THE NORTHERN TRUST, Chrysler Classic of Tucson, FedEx St. Jude Championship, The International, Greater Milwaukee Open, Children's Miracle Network Hospitals Classic, Puerto Rico Open, Quicken Loans National, World Golf Championships-HSBC Champions, Memorial Tournament, Arnold Palmer Invitational, Doral-Ryder Open, B.C. Open, Deutsche Bank Championship, World Golf Championships-Workday Championship at The Concession, World Golf Championships-Bridgestone Invitational, World Golf Championships-Dell Technologies Match Play and BMW Championship.