India and South Africa will play out a thrilling clash in the final of the 2024 T20 World Cup at the Kensington Oval in Barbados on Saturday. India has just beaten defending champions England by 68 runs and is eyeing its second T20 title. Meanwhile, South Africa has created history by reaching its first T20 World Cup final, eager to carve their name on the coveted trophy.
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You are watching: T20 World Cup 2024 Prize Money for Winner and Runner-Up
Prize money for first and second place
The winning team will receive a generous prize money of $2.45 million (Rs. 20.42 crore), a fitting reward for their outstanding performance, while the runners-up will receive a handsome prize money of $1.28 million (Rs. 10.67 crore), half of the championship prize money, for their outstanding performance.
|
Location |
Prize (USD) |
Prize Money (INR) |
team |
|
winner |
$2.45 million |
Rs.204.2 million |
To be determined |
|
runner up |
$1.28 million |
Rs.106.7 crore |
To be determined |
|
Semi-finalists (one each) |
$787,500 |
6.56 Crore |
Britain and Afghanistan |
|
Second round elimination (one game each) |
$382,500 |
3.18 Crore |
United States, West Indies, Australia, Bangladesh |
|
9th to 12th (each) |
$247,500 |
2.06 Crore |
Pakistan, Scotland, New Zealand, Sri Lanka |
|
13th to 20th (each) |
$225,000 |
1.87 Crore |
Netherlands, Nepal, Uganda, Papua New Guinea, Namibia, Oman, Ireland, Canada |
|
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$31,154 |
INR 2.6 million |
– |
|
Total Prize Pool |
$11.25 million |
Rs.938 million |
– |
Despite their impressive performances in the semi-finals, England and Afghanistan will receive a consolation prize of $787,500 (Rs 6.56 crore) each. The International Cricket Council (ICC) has announced that the total prize pool for this edition of the T20 World Cup will be a record $11.25 million (Rs 93.80 crore), a testament to the tournament’s growing prestige and appeal.
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T20 World Cup Prize Money Comparison
The 2024 T20 World Cup prize pool is the highest in the history of the tournament. Check out the table below to understand and compare the historical changes in prize money:
|
Year |
winner |
bonus |
runner up |
bonus |
|
2007 |
India |
9.84 Crore |
Pakistan |
4.92 Crore |
|
2009 |
Pakistan |
6.56 Crore |
Sri Lanka |
3.28 Crore |
|
2010 |
England |
6.56 Crore |
Australia |
3.28 Crore |
|
2012 |
West Indies |
9.02 Crore |
Sri Lanka |
4.51 Crore |
|
2014 |
Sri Lanka |
9.02 Crore |
India |
4.51 Crore |
|
2016 |
West Indies |
Rs.131.2 million |
England |
6.56 Crore |
|
2021 |
Australia |
Rs.131.2 million |
New Zealand |
6.56 Crore |
|
2022 |
England |
Rs.131.2 million |
Pakistan |
6.56 Crore |
|
2024 |
To be determined |
Rs.204.2 million |
To be determined |
Rs.106.7 crore |
To make these numbers fit Indian perception, we converted the winnings into rupees at an approximate exchange rate of 1 USD = 82 rupees.
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Source: https://dinhtienhoang.edu.vn
Category: Optical Illusion