The winner will receive $2.07m (£1.5m) from a total prize fund of $11.5m (£8.3m). That represents an increase of $750,000 on the prize fund that was on offer at Royal Portrush in 2019, where the champion, Shane Lowry, won $1.935m (£1.4m).
Prize money is paid out to the entire field at The Open, with the exception of amateurs, regardless of whether they make the cut or not. The top 10 players and ties to miss the cut will earn $8,000; the next 20 players will be paid $6,500, while the remainder will take home $3,500. A total of 70 players and ties will make it through to the weekend, with the player who finishes last of those who make the cut earning a minimum of $13,500.