The winners of the men’s and women’s singles of the first Grand Slam tournament of the year will each pocket 4.15 million Australian dollars, an increase of 19% compared to 3.5 million last year.
Record jackpot. Players at the Australian Open will compete for a record prize this year, with organizers announcing on Tuesday a 16% increase in the total prize money, brought to 111.5 million Australian dollars (64 million euros). The winners of the men’s and women’s singles of the first Grand Slam tournament of the year will each pocket 4.15 million Australian dollars (2.38 million euros), an increase of 19% compared to 3.5 million last year.
Players beaten in the first round will receive 150,000 Australian dollars (85,000 euros), while those eliminated in the first round of qualifying will receive 40,500 Australian dollars (23,000 euros). Tournament director Craig Tiley said it reflected the Australian Tennis Federation’s commitment to supporting careers at all levels, from hopefuls to Grand Slam champions. “By increasing prize pools by 55% since 2023 and improving player benefits, we are ensuring that professional tennis is viable for all competitors,” he added. “By supporting players at all levels, we are building deeper talent pools and more compelling stories for fans”.
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The tournament begins at Melbourne Park on January 18, with Jannik Sinner and Madison Keys defending their titles.