Skip to content
Saturday 8 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
MorningWire

European business, markets and politics

FTSE 100
10,901.09
+0.31%
DAX
26,319.45
+0.69%
CAC 40
8,714.93
+0.17%
STOXX 50
6,523.86
+0.33%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Wednesday 04 January 2023 11:27 am

How does darts prize money compare with other sports?

By: Frank Dalleres

Sports Editor

Add as a preferred source on Google
Michael Smith banked £500,000 in prize money - the biggest payout in darts - for winning the PDC World Championship this week
Michael Smith banked £500,000 in prize money – the biggest payout in darts – for winning the PDC World Championship this week

Michael Smith’s maiden victory at the PDC World Championship earned the St Helens darts player the No1 ranking and £500,000 in prize money. 

It also lifted 32-year-old Smith to No1 in the PDC order of merit, with aggregate earnings of £1.24m over the past 24 months. 

But how does darts prize money compare to the financial rewards in other individual sports? 

The half a million pounds on offer to the winner of the PDC World Championship at Alexandra Palace is the most lucrative payout in darts.

That is almost double the £275,000 pocketed by the winner of Premier League Darts and 10 times as much as the first prize at the rival WDF World Darts Championship, which replaced the now-defunct BDO event.

Smith’s PDC World Championship prize money is equal to that on offer in the equivalent event in snooker. 

Ronnie O’Sullivan also trousered £500,000 when he won the World Snooker Championship for a record-equalling seventh time last year.

But prize money in darts and snooker is dwarfed by the rewards in some other individual sports.

Read more

Beat Luke Littler: Netflix enters live darts with £500,000 showcase

A male darts player in a yellow and blue shirt holding a dart, focused on his throw.

Winners of the biggest tournaments in tennis receive more than £2m a time, with four on offer each year.

The US Open is the most lucrative of the Grand Slams, paying $2.6m (£2.2m) to the winners of both the men’s and women’s singles titles last year.

Wimbledon isn’t far behind, with prize money of £2m for its singles champions. 

"I can't speak. I can't speak!" 🎯

ICONIC commentary from @Wayne501Mardle last night 🫶 pic.twitter.com/esGXmBc8Vv

— Sky Sports Darts (@SkySportsDarts) January 4, 2023

And some of the payouts in men’s golf are even bigger. While each of the four men’s majors is worth more than $2m to the winner, the winner of the PGA Tour’s season-ending Tour Championship – Rory McIlroy, in 2022 – cashes in to the tune of $18m (£16m).

It looks set to rise for the very best players as a result of competition from the Saudi-backed LIV Golf circuit, which started last year.

Each LIV Golf event is worth at least $4m to the winner, with the year’s most successful player scooping a further $18m (£16m) in prize money.

Last year, former world No1 Dustin Johnson banked prize money totalling more than $35m from playing just seven events on the LIV Golf tour.

Read more

Darts star Beau Greaves gets eyes insured by Specsavers for £1m

Blonde woman in glasses and a patterned shirt, with her mouth open and fist clenched, celebrating during a darts match

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Life&Style

Categories

  • Sport Business
  • Sport

Related Topics

  • Golf
  • Snooker
  • Sport business
  • Sports money

Trending Articles

  • Why the Loire Valley is about so much more than fairytale castles

  • Why HMRC is huge Premier League transfer window tax headache

  • Thames Water faces fresh threat to survival after pensions regulation breach

  • Back to basics: Sainsbury’s gradual retreat from the British high street

  • Thunder Call set to Strike in Shergar Cup Sprint

More from Morning Wire

  • Beat Luke Littler: Netflix enters live darts with £500,000 showcase

    Sport Business
    A male darts player in a yellow and blue shirt holding a dart, focused on his throw.
  • Darts star Beau Greaves gets eyes insured by Specsavers for £1m

    Sport Business
    Blonde woman in glasses and a patterned shirt, with her mouth open and fist clenched, celebrating during a darts match
  • Sushidog investor pumps seven-figure sum into golf sim brand ahead of Open

    Sport Business
    TeeGo 27 electric scooter launch featuring sleek design and advanced technology in a modern urban setting
  • Wimbledon: HMRC set to slap Sinner and Noskova with £1.6m tax bill

    Sport Business
    Getty Images logo on a sleek black background, symbolizing reliable sources for high-quality stock photography and media c...
  • Sorry Hearn, Northampton Saints idiots if they pay Pollock £1m

    Sport Business
    GettyImages 2282147422
  • Statement on Terminating the Letter of Intent With AI Financial Corporation

    Business Wire
  • Barry Hearn and Matchroom back Brentwood Town’s bid to reach National League

    Sport Business
    Business meeting with diverse professionals discussing strategy at a modern conference table with charts and laptops visible.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook