The Masters is about more than prize money – but competitors won't turn down the opportunity to land a healthy pay day at Alexandra Palace.
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The prize pot remains unchanged year-on-year with over £1 million to be split between the 16 stars lining up for a crack at the trophy.
Shaun Murphy hoisted the crystal trophy for the second time in 2025 but only Ronnie O'Sullivan has successfully defended the Masters crown in the last two decades.
Entrants will receive a minimum cheque for £25,000 for participation, with the numbers quickly racking up for those who triumph in each round.
RadioTimes.com brings you a full round-up of The Masters 2026 prize money.
The Masters 2026 prize money
Winner: £350,000
Runner-up: £140,000
Semi-finals: £75,000
Quarter-finals: £40,000
Last 16: £25,000
High break: £15,000
Total: £1,015,000
How to watch The Masters 2026 on TV and live stream
The Masters 2026 starts on Sunday 11th January 2026 and runs until Sunday 18th January 2026 with live TV coverage on BBC and TNT Sports.
A combination of BBC One, BBC Two and BBC Four will showcase the best of the live coverage at 1pm and 7pm each day. All broadcasts will also be live on BBC iPlayer.
The action will also be shown on TNT Sports channels as well as their own streaming platform, discovery+.
There are multiple ways to get TNT Sports. If you already have BT Broadband, you can add TNT Sports to your existing contract from just £18 per month. You can add the ‘Big Sport’ package for £40 per month which includes all TNT Sports and 11 Sky Sports channels via a NOW pass.
Michael Potts is the Sport Editor for Radio Times, covering all of the biggest sporting events across the globe with previews, features, interviews and more. He has worked for Radio Times since 2019 and previously worked on the sport desk at Express.co.uk after starting his career writing features for What Culture. He achieved a first-class degree in Sports Journalism in 2014.
