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Classic for charity 2024: distribution of the prize money and payment to the winner

After an exciting Senior PGA Championship match at Harbor Shore Country Club, the PGA Tour Champions golfer returns to play at Wakonda Club Des Moines in Iowa. The Principal Charity Classic, unlike the traditional PGA Tour Champions tournament, will be played over just three days.

So it will soon come to an end and the 2024 winner will be crowned. What will be the reward for the winner at the top of the field of 78 players? The winner will receive $300,000, which is the usual 15% cut of the total prize money. The prize money for the 2024 Principal Charity Classic is $2 million.

The winner will also receive 300,000 points toward the season-ending Charles Schwab Cup standings. Are official world ranking points at stake? Unfortunately not. Because the Principal Charity Classic is played over only 54 holes, the OWGR does not award ranking points.

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1st $300,000
2nd $176,000
3rd $144,000
4th $120,000
5th $96,000
6th $80,000
7th $72,000
8th $64,000
9th $56,000
10th $52,000
11th $48,000
12th $44,000
13th $40,000
14th $38,000
15th $36,000
16th $34,000
17th $32,000
18th $30,000
19th $28,200
20th $26,400
21st $24,800
22nd $23,200
23rd $22,000
24th $21,000
25th $20,000
26th $19,000
27th $18,200
28th $17,400
29th $16,600
30th $15,800
31st $15,000
32nd $14,400
33rd $13,800
34th $13,200
35th $12,600
36th $12,000
37th $11,400
38th $11,000
39th $10,600
40th $10,200
41st $9,800
42nd $9,400
43rd $9,000
44th $8,600
45th $8,200
46th $7,800
47th $7,400
48th $7,000
49th $6,600
50th $6,200
51st $5,800
52nd $5,400
53rd $5,000
54th $4,800
55th $4,600
56th $4,400
57th $4,200
58th $4,000
59th $3,800
60th $3,600
61st $3,400
62nd $3,200
63rd $3,000
64th $2,800
65th $2,600
66th $2,400
67th $2,200
68th $2,000
69th $1,880
70th $1,760
71st $1,640
72nd $1,520
73rd $1,400
74th $1,320
75th $1,240
76th $1,160
77th $1,080
78th $1,000

The three-day format ensures that there is no cut during the Principal Charity Classic and that all golfers receive something from the prize pool. However, the event is focused on bigger things than just the prize money. What was the title sponsor’s goal this year?

Principal Charity Classic hopes to raise $8 million

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The Principal Charity Classic is known by several names on the PGA Tour Champions, but has been a constant on the Senior Circuit for the past 24 years. In 2008, Principal, the current title sponsor, took over and the name was changed. Since then, the director has raised a total of $54 million for charity.

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Four hospitals are associated with Principal Charity, Blank Children’s Hospital, MercyOne Children’s Hospital, United Way of Central Iowa and Variety, the Children’s Charity of Iowa. The money raised from the event will primarily go to these three hospitals and then be distributed among others.

Every year more than 130,000 children enjoy the benefits provided by the leading charity, and this year the event returns with the aim of raising $8 million in funds. In the newly renovated Wakonda, everyone will take home their fair share of the Principal Charity Classic!

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