How The AIG Women’s Open Prize Money Has Grown

Formerly sponsored by Weetabix and Ricoh, The Women’s British Open became the AIG Women's Open in 2019 through a sponsorship deal that extends until 2030 – which has been good news for those competing. 

AIG, in alliance with The R&A, is dedicated in helping to elevate and advance women's golf by shining a spotlight on gender equity, especially gender pay equity.

The prize fund for the 2024 AIG Women’s Open was confirmed a day before play got underway, and it now stands at $9.5m, a $500,000 increase on 2023.

The 2024 champion receives $1.45m, which is up $100,000 on 2023 when Lilia Vu won $1.35m.

The AIG Women's Open prize money ranks 3rd out of the five women's Majors, with the US Women's Open out in front and the KPMG Women's PGA in second.

Here's how the Women’s British Open prize money has grown since AIG became a title sponsor, and how it's increased since it was first recognised as a Major Championship by the LPGA in 1994.

How The AIG Women’s Open Prize Money Has Grown

• 2024 - $9.5m
• 2023 – $9m 
• 2022 – $7.3m
• 2021 – $5.8m
• 2020 – $4.5m
• 2019 – $4.5m (beginning of The R&A’s partnership with AIG)
• 2018 – $3.25m
• 2017 – $3.25m
• 2016 – $3m
• 2015 – $3m
• 2014 – $3m
• 2013 – $2.75m
• 2012 – $2.75m
• 2011 – $2.5m
• 2010 – $2.5m
• 2009 – $2.2m
• 2008 – $2.1m
• 2007 – $2m
• 2006 – $1.8m
• 2005 – $1.8m
• 2004 – $1.6m
• 2003 – $1.6m
• 2002 – $1.5m
• 2001 – $1.5m
• 2000 – $1.25m
• 1999 – $1m
• 1998 – $1m
• 1997 – $900,000
• 1996 – $850,000
• 1995 – $600,000
• 1994 – $500,000

How the prize money compares between the men's and women's Opens

Prize Funds For The Women’s Majors

With a prize fund of $9.5 million in 2024, there are two women’s golf Majors that boast bigger prize funds than the AIG Women's Open – the KPMG PGA Championship and U.S. Women’s Open, the latter of which has the biggest purse in the women’s Major season.