LIV Golf Individual Bonus Payouts 2024

The final regular LIV Golf event of the season doesn’t just have the usual prize money at stake – there is also the chance for players to earn big money in the individual standings

Cameron Smith, Talor Gooch and Brooks Koepka on the stage with their trophies for their positions in the individual standings
Talor Gooch won the 2023 Individual Championship, with Cameron Smith in second and Brooks Koepka in third
(Image credit: Getty Images)

The incredible prize money LIV Golf hands out at each of its tournaments is well documented, but there’s even more at stake than the $25m offered at each of its regular events and $50m available at season finale the Team Championship.

Players are also immersed in a season-long battle to be crowned Individual Champion, and the winner receives the biggest one-off payment of all.

In the inaugural season, 4 Aces GC captain Dustin Johnson took the Individual Championship honors after he lived up to his billing as a marquee signing, while in 2023, Talor Gooch was crowned Individual Champion after a glorious season that included three wins.

Both Johnson and Gooch claimed a staggering $18m for their victories in the Individual Championship, and this year’s winner will earn the same amount.

Following LIV Golf Greenbrier, we now know that only two players are in the running for that enormous payday.

LIV Golf awards 40 individual standings points for a victory, and with just one regular tournament left to play, neither Legion XIII captain Jon Rahm nor Torque GC leader Joaquin Niemann, who occupy the top two places, can be caught by the player in third.

With fewer than three points separating the pair at the top of the standings, that will add plenty of drama to the LIV Golf Chicago tournament that will ultimately decide who takes the $18m. However, finishing second or third is not to be dismissed either.

Jon Rahm takes a shot at LIV Golf Greenbrier

Jon Rahm is leading the 2024 individual standings

(Image credit: Getty Images)

That’s because the player who finishes second will be handed a bonus payout of $8m, with the player finishing third boosting his bank balance by $4m.

Currently, the third-placed player is Rahm’s teammate Tyrrell Hatton, but fewer than 17 points separate the Englishman and seventh, with Sergio Garcia, Louis Oosthuizen, Cameron Smith and Brooks Koepka all still in the running for the $4m bonus payout.

Brooks Koepka takes a tee shot at LIV Golf Greenbrier

Brooks Koepka can still claim $4m by finishing third in the individual standings

(Image credit: Getty Images)

Beneath third, as with the 2023 season, the battle is on to secure places in the top 24 for the Lock Zone, which guarantees a place for the 2025 season. Beyond that, players finishing between 25th and 48th will be in the Open Zone, where players with expiring contracts can either be re-signed by their team or picked up by another.

Finally, there is the Drop Zone, which affects players who finish 49th or lower. Unless their contract states otherwise, those players will be relegated and qualify for the 2024 LIV Golf Promotions tournament for a final chance to retain their status.

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LIV Golf League bonus payouts 2024
1st$18m
2nd$8m
3rd$4m
Mike Hall
News Writer

Mike has over 25 years of experience in journalism, including writing on a range of sports throughout that time, such as golf, football and cricket. Now a freelance staff writer for Golf Monthly, he is dedicated to covering the game's most newsworthy stories. 

He has written hundreds of articles on the game, from features offering insights into how members of the public can play some of the world's most revered courses, to breaking news stories affecting everything from the PGA Tour and LIV Golf to developmental Tours and the amateur game. 

Mike grew up in East Yorkshire and began his career in journalism in 1997. He then moved to London in 2003 as his career flourished, and nowadays resides in New Brunswick, Canada, where he and his wife raise their young family less than a mile from his local course. 

Kevin Cook’s acclaimed 2007 biography, Tommy’s Honour, about golf’s founding father and son, remains one of his all-time favourite sports books.