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T20 World Cup 2024 Winner Prize Money: How Much Will The Champions And Runners-Up Take Home?

The winners of the men's T20 World Cup 2024 will receive a glittering trophy and a record-breaking total prize money of at least US$2.45 million (Rs 20.36 crore). This marks the highest prize money in the tournament's history. The victorious team will lift the trophy at Kensington Oval in Barbados on 29 June. This amount is a significant increase from the last T20 World Cup in 2022 in Australia, where the winner, England, received $1.6 million. The prize money for the 2024 winners represents a jump of nearly $850,000.
Anuj Tiwari Updated on Jun 04, 2024, 08:51 IST

T20 World Cup 2024 Winner Prize Money: The T20 World Cup 2024 features an unprecedented 20 teams contending for supremacy in the shortest game format. This expansion, which includes four more teams than the 2022 edition, marks a significant milestone. The Indian cricket team, striving for its second T20 World Cup title, will undoubtedly draw considerable attention. Notably, the tournament will witness the debut of three nations: the USA, Canada, and Uganda.

Prize Money for winners of the Men's T20 World Cup 2024?

The winners of the men's T20 World Cup 2024 will receive a glittering trophy and a record-breaking total prize money of at least US$2.45 million (Rs 20.36 crore). This marks the highest prize money in the tournament's history. The victorious team will lift the trophy at Kensington Oval in Barbados on 29 June. This amount is a significant increase from the last T20 World Cup in 2022 in Australia, where the winners, England, received $1.6 million. The prize money for the 2024 winners represents a jump of nearly $850,000.

T20 World Cup 2024 Winner Prize Money: How Much Will The Champions And Runners-Up Take Home? | ICC

Here's a list of the prize money distribution for the 2024 Men's T20 World Cup:

  • Winner:$2.45 million (Rs 20.36 crore)
  • Runner-up: $1.28 million (Rs 10.64 crore)
  • Losing semifinalists: $787,500 (Rs 6.54 crore) each
  • Teams failing to make it out of the Super 8s: $382,500 (Rs 3.17 crore) each
  • Teams placed 9th, 10th, 11th, and 12th: $247,500 (Rs 2.05 crore) each
  • Participants finishing 13th to 20th place: $225,000 (Rs 1.87 crore) each
  • The total prize pot for the tournament is $11.25 million (Rs 93.51 crore).

READ ALSO:?T20 World Cup 2024 Match Timings Revealed For Indian Viewers

ICC Men¡¯s T20 World Cup 2024 Runner-up winner prize money

The ninth edition of the men's T20 World Cup will feature 20 teams competing over 28 days across nine venues in the West Indies and the USA, making it the largest event of its kind. The runner-up will receive at least $1.28 million (Rs 10.64 crore), while the losing semifinalists will each take home $787,500 (Rs 6.54 crore). The total prize pot for this historic event is $11.25 million (Rs 93.51 crore).

T20 World Cup 2024 Winner Prize Money: How Much Will The Champions And Runners-Up Take Home? | ICC

Ranking-wise T20 World Cup 2024 Prize Money

The ninth edition of the men's T20 World Cup will feature 20 teams competing over 28 days across nine venues in the West Indies and the USA, making it the largest event of its kind. The runner-up will receive at least $1.28 million (Rs 10.64 crore), while the losing semifinalists will each take home $787,500 (Rs 6.54 crore) from the total, historic prize pot of $11.25 million (Rs 93.51 crore).

The four teams that fail to make it out of the Super 8s will earn $382,500 (Rs 3.17 crore) each, while the teams placed ninth, 10th, 11th, and 12th will receive $247,500 (Rs 2.05 crore) each. Participants finishing in 13th to 20th place will return with $225,000 (Rs 1.87 crore) each.

READ ALSO:?ICC T20 World Cup 2024 Points Table

T20 World Cup 2024: Every match prize money

And every team receives an additional $31,154 (Rs 25.89 L) for each match they win barring the semifinals and final.

The ninth edition of the men's T20 World Cup will feature 20 teams competing over 28 days across nine venues in the West Indies and the USA, making it the largest event of its kind. The runner-up will receive at least $1.28 million (Rs 10.64 crore), while the losing semifinalists will each take home $787,500 (Rs 6.54 crore) from the total, historic prize pot of $11.25 million (Rs 93.51 crore).

The four teams that fail to make it out of the Super 8s will earn $382,500 (Rs 3.17 crore) each, while the teams placed ninth, 10th, 11th, and 12th will receive $247,500 (Rs 2.05 crore) each. Participants finishing in 13th to 20th place will return with $225,000 (Rs 1.87 crore) each. Additionally, every team will receive an extra $31,154 (Rs 25.89 lakh) for each match they win, excluding the semifinals and final.

T20 World Cup Prize Money Distribution
Position Prize Money (USD) Prize Money (Rs)
Winner $2.45 million Rs 20.36 crore
Runner-up $1.28 million Rs 10.64 crore
Losing semifinalists (each) $787,500 Rs 6.54 crore
Teams failing to make it out of Super 8s (each) $382,500 Rs 3.17 crore
Teams placed 9th, 10th, 11th, 12th (each) $247,500 Rs 2.05 crore
Participants finishing 13th to 20th (each) $225,000 Rs 1.87 crore

This 55-match event will be played over 28 days, across nine venues in the West Indies and USA, making this the biggest ICC T20 World Cup ever. The format of this year¡¯s tournament will see 40 first-round matches played before the top eight progress to the Super 8s. Four teams will then qualify for the semifinals, which will be staged in Trinidad and Tobago and Guyana, ending with the final in Barbados where the 2024 men¡¯s champions will be crowned.

ICC Chief Executive Geoff Allardice said, ¡°This event is historic in so many ways, so it is fitting that the prize money for players reflects that. Hundreds of millions of fans around the world will be entertained by the players in what we¡¯re hoping to be an out-of-this-world event.¡±

T20 World Cup 2024 Winner Prize Money: FAQs?

What is the prize money of the T20 World Cup?

Winner Prize money, $2.45 million (Rs 20.36 crore)

How many T20 World Cups has India won?

India has won the T20 World Cup once. T20 is a short cricket match played between teams for twenty overs.

Who will host the T20 World Cup 2024?

The T20 World Cup 2024 will be played from 1 June (2 June in India) with the USA and West Indies co-hosting the matches.

Where is the T20 World Cup final 2024?

The final match will take place at the Kensington Oval in Barbados, where the 2024 men's champions will be crowned.?

Disclaimer: The prize money amounts provided are based on information available online and may be subject to change. Please verify with official sources for the most accurate and up-to-date figures.

For the latest and more interesting financial news, keep reading Indiatimes Worth.?Click here

Anuj Tiwari

Anuj Tiwari writes stories for SEO and is a Youtube wizard. An engineer turned social media champ, he keeps a track of all that goes around the world. His interest areas include historic events, political and social-sciences.

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