Sandy Lyle finished -7 and took 18% of the purse. That $183,800 is worth about $516,380 in 2026 dollars.
How the 1988 Masters Tournament purse was split
Every paid player in finishing order. The top 10 took 64% of the money, and the dashed line marks the smallest check.
1988 Masters Tournament prize money for every player
Final positions and prize money, with what the same untied position paid the year before.
| Pos | Player | To par | Last year | Prize money |
|---|---|---|---|---|
| 1 | Sandy Lyle | -7 | $162,000 | $183,800 +13% |
| 2 | Mark Calcavecchia | -6 | $79,200 | $110,200 +39% |
| 3 | Craig Stadler | -5 | $69,400 | |
| 4 | Ben Crenshaw | -4 | $37,200 | $48,900 +31% |
| T5 | Fred Couples | -3 | $36,500 | |
| T5 | Greg Norman | -3 | $36,500 | |
| T5 | Don Pooley | -3 | $36,500 | |
| 8 | David Frost | -2 | $31,000 | |
| T9 | Bernhard Langer | -1 | $28,000 | |
| T9 | Tom Watson | -1 | $28,000 | |
| T11 | Lanny Wadkins | E | $23,000 | |
| T11 | Ray Floyd | E | $23,000 | |
| T11 | Seve Ballesteros | E | $23,000 | |
| T14 | Nick Price | +1 | $18,500 | |
| T14 | Doug Tewell | +1 | $18,500 | |
| T16 | Dan Pohl | +2 | $16,000 | |
| T16 | Fuzzy Zoeller | +2 | $16,000 | |
| T16 | Mark McNulty | +2 | $16,000 | |
| T19 | Hubert Green | +3 | $13,500 | |
| T19 | Chen Tze-chung | +3 | $13,500 | |
| T21 | Chip Beck | +4 | $10,800 | $11,200 |
| T21 | Jack Nicklaus | +4 | $10,800 | $11,200 |
| T21 | Curtis Strange | +4 | $10,800 | $11,200 |
| 24 | Mark McCumber | +5 | $7,900 | $9,600 +22% |
| T25 | Gary Koch | +6 | $7,975 | |
| T25 | Isao Aoki | +6 | $7,975 | |
| T25 | Payne Stewart | +6 | $7,975 | |
| T25 | Robert Wrenn | +6 | $7,975 | |
| 29 | Rodger Davis | +7 | $7,100 | |
| T30 | Nick Faldo | +8 | $6,500 | |
| T30 | Steve Jones | +8 | $6,500 | |
| T30 | Mac O'Grady | +8 | $6,500 | |
| T33 | Bob Tway | +9 | $5,200 | $5,667 |
| T33 | Tommy Nakajima | +9 | $5,200 | $5,667 |
| T33 | Larry Nelson | +9 | $5,200 | $5,667 |
| T36 | Andy North | +10 | $4,900 | |
| T36 | Ken Brown | +10 | $4,900 | |
| T36 | Steve Pate | +10 | $4,900 | |
| T39 | Mark O'Meara | +12 | $4,400 | |
| T39 | Joey Sindelar | +12 | $4,400 | |
| T39 | Jay Sigel | +12 | Not known | |
| T42 | Corey Pavin | +13 | $3,333 | $4,000 |
| T42 | Gary Hallberg | +13 | $3,333 | $4,000 |
| 44 | Tom Kite | +14 | $3,700 | |
| T45 | Larry Mize | +16 | $2,800 | $3,400 |
| T45 | Jeff Sluman | +16 | $2,800 | $3,400 |
| MC | J. C. Snead | +14 | $0 | |
| MC | Hal Sutton | +13 | $0 | |
| MC | Gary Player | +9 | $0 | |
| MC | Arnold Palmer | +13 | $0 | |
| MC | Sam Randolph | +8 | $0 | |
| MC | Mike Reid | +10 | $0 | |
| MC | Scott Simpson | +11 | $0 | |
| MC | Tim Simpson | +10 | $0 | |
| MC | Paul Mayo | +17 | $0 | |
| MC | Eric Rebmann | +12 | $0 | |
| MC | Robert Lewis | +26 | $0 | |
| MC | Scott Gump | +16 | $0 | |
| MC | Brian Montgomery | +15 | $0 | |
| MC | Steve Ford | +19 | $0 | |
| MC | Bobby Wadkins | +11 | $0 | |
| MC | Art Wall Jr. | +21 | $0 | |
| MC | D.A. Weibring | +12 | $0 | |
| MC | Ian Woosnam | +11 | $0 | |
| MC | Lee Trevino | +20 | $0 | |
| MC | Jodie Mudd | +18 | $0 | |
| MC | Kenny Knox | +8 | $0 | |
| MC | Scott Hoch | +8 | $0 | |
| MC | Doug Ford | +18 | $0 | |
| MC | Bill Loeffler | +12 | $0 | |
| MC | Davis Love III | +8 | $0 | |
| MC | Roger Maltbie | +10 | $0 | |
| MC | Len Mattiace | +12 | $0 | |
| MC | Billy Mayfair | +11 | $0 | |
| MC | Billy Casper | +22 | $0 | |
| MC | Gay Brewer | +15 | $0 | |
| MC | Tommy Aaron | +22 | $0 | |
| MC | Buddy Alexander | +14 | $0 | |
| MC | George Archer | +11 | $0 | |
| MC | Paul Azinger | +11 | $0 | |
| MC | Dave Barr | +8 | $0 | |
| MC | Andy Bean | +8 | $0 | |
| MC | Bob Eastwood | +9 | $0 | |
| MC | Jay Haas | +8 | $0 | |
| MC | Keith Clearwater | +11 | $0 | |
| MC | Lennie Clements | +12 | $0 | |
| MC | Charles Coody | +10 | $0 | |
| MC | John Cook | +9 | $0 | |
| MC | David Curry | +10 | $0 | |
| WD | Jim Thorpe | +13 | Not known |
Masters Tournament winner's share over time
This year is labeled. Full tournament history →
1988 Masters Tournament payout FAQ
How much did the winner of the 1988 Masters Tournament get?
Sandy Lyle won $183,800 from a $1,000,000 purse.
What was the 1988 Masters Tournament purse?
$1,000,000.
How much did last place get at the 1988 Masters Tournament?
The smallest check was $3,400, to Jeff Sluman (T45).
How many players made the cut at the 1988 Masters Tournament?
46 players made the cut and finished, and 43 players missed it.