T20 World Cup 2024: The jaw-dropping prize money India, South Africa, Pakistan and other competing teams took home

The large cash prizes awarded to the runners-up and other competing teams made this competition memorable for everybody involved. Let's get into the details of the T20 World Cup 2024 prize money, and see how much each team earned.
IT Worth Desk
IT Worth Desk
Updated on Jun 30, 2024, 12:30 IST
T20 World Cup 2024

T20 World Cup 2024 prize money: With an exciting final match on June 29, India won the T20 World Cup 2024, their first title in 11 years. In a thrilling encounter against South Africa, India won their second T20 World Cup by just seven runs. Team India delivered a strong performance, with both their batsmen and bowlers making important contributions at crucial moments throughout the tournament. This triumph not only provided immense pride, but it also resulted in the highest prize money in T20 World Cup history.

The large cash prizes awarded to the runners-up and other competing teams made this competition memorable for everybody involved. Let's get into the details of the T20 World Cup 2024 prize money, and see how much each team earned.

T20 World Cup 2024 Winners and Prize Money Details

Team India secured a massive Rs 21.13 crore in prize money for winning eight out of nine matches in the ninth edition of the tournament held in the USA and West Indies. South Africa, finishing as runners-up, received Rs 12.01 crore.

Semi-Finalists and Their Prize Money

England and Afghanistan, whose journey ended in the semi-finals, each bagged Rs 6.55 crore for reaching the top four. Teams were also awarded Rs 25.9 lakh for each group stage win, while teams reaching the Super 8 stages clinched an extra Rs 3.18 crore each. Even teams finishing 13th to 20th earned Rs 1.87 crore each, despite not making it to the Super 8 round.

Detailed Breakdown of T20 World Cup 2024 Prize Money

T20 World Cup 2024 Prize Money
  Position  Prize  Team  
  Winner    $2.45 million (Rs 20.42 crore)    India  
  Runner-up    $1.28 million ( Rs. 10.67 crore )    South-Africa  
  Semi-finalists (each)    $787,500 ( Rs. 6.56 crore )  England and Afghanistan  
  Eliminated in 2nd round (each)    $382,500 ( Rs. 3.18 crore )    USA, West Indies, Australia, Bangladesh  
  9th to 12th place (each)    $247,500 ( Rs. 2.06 crore )    Pakistan, Scotland, New Zealand, Sri Lanka  
  13th to 20th place (each)    $225,000 ( Rs. 1.87 crore )    Netherlands, Nepal, Uganda, Papua New Guinea, Namibia, Oman, Ireland, Canada  
  Additional prize per match win (excluding semi-finals and finals)    $31,154 ( Rs. 26 lakh )  -
  Total Prize Pool    $11.25 million ( Rs. 93.80 crore )  -

T20 World Cup 2024 final match prize money

AwardPlayerPrize
Virat Kohli   Player of the Match  $3,000 (Approx 2,50,103)
  Jasprit Bumrah  Player of the tournament    $15000 (Approx 1,250,515)
  Suryakumar Yadav    Smart Catch of the Match    $3,000  (Approx 2,50,103)

T20 World Cup 2024 Individual Awards

Jasprit Bumrah was named the Player of the Tournament after taking 15 wickets in eight innings at an impressive economy rate of 4.17. He also took two crucial wickets in the final, earning him the prestigious individual title and a $15,000 prize (Approx Rs 12.50 lakh). Virat Kohli and Suryakumar Yadav also received significant cash prizes for their stellar performances in the final.

The T20 World Cup 2024 not only brought thrilling cricketing action but also substantial financial rewards for the teams and players. With the highest T20 World Cup prize money ever, the tournament has set a new benchmark for future competitions. The winners, runners-up, and even the teams that didn't progress far received significant prize money, making the tournament a grand success for all participants.

For the latest and more interesting financial news, keep reading Indiatimes Worth. Click here
Indiatimes