Wimbledon 2024: Here is what you need to know about prize money on offer, the third Grand Slam of the year!

The 2024 Wimbledon Tournament organisers have announced a record rise in overall prize money for both singles and wheelchair groups. Notably, the singles prize money at Wimbledon was £44.7 million last year.

The All England Lawn Tennis & Croquet Club officials announced on June 13 that this year's prize money for the singles tournaments has increased by 11.9% to a record £50 million ($65 million). A £2.35 million prize was awarded to the singles champions last year; now each will receive £2.7 million ($3.45 million).

The 2024 Wimbledon Tournament singles champion will be awarded the greatest sum of all Grand Slam winners. Meanwhile, the winners of the singles events at the Australian Open and French Open in 2024 took home prizes of $2.1 million and $2.6 million, respectively. The US Open champion in 2023 pulled home $3 million.

These unprecedented raises follow the 2023 Wimbledon Tournament's announcement of pre-tax earnings of £36.6 million and revenue close to £400 million.

Here’s what you need to know about the prize money up for grabs at the Grass Major this year:

What is the total prize money pot for Wimbledon 2024?

Wimbledon will have a record 50 million pounds (Rs 533. 65 crore) prize money pot this year, up 11.9 per cent or 5.3 million pounds compared to last year.

How does the winner’s prize compared to 2023?

Both Carlos Alcaraz (men’s singles champion) and Marketa Vondrousova (women’s singles champion) received 2.35 million pounds each for clinching the Wimbledon title.

How much will the men’s and women’s singles players earn (in pounds)

Qualifying First round: 15,000

Qualifying Second round: 25,000

Qualifying Third round: 40,000

First round: 60,000

Second round: 93,000

Third round: 143,000

Fourth round: 226,000

Quarterfinalists: 375,000

Semifinalists 715,000

Runner-up: 1,400,000

Winner: 2,700,000

Prize money (in pounds) on offer in men’s and women’s doubles at Wimbledon 2024

First round: 15,750

Second round: 25,000

Third round: 42,000

Quarterfinalists: 84,000

Semifinalists: 167,000

Runners-up: 330,000

Winners: 650,000

Prize money (in pounds) on offer in mixed doubles at Wimbledon 2024

First round: 4,250

Second round: 8,500

Quarterfinalists: 17,000

Semifinalists: 33,000

Runners-up: 65,000

Winners: 130,000