The World Cup 2023 is the biggest event in cricket, where 10 teams will compete for the ultimate glory of becoming the world champions. The tournament will be hosted by India from October 5 to November 26, 2023, and will feature 48 matches across nine venues.

Prize Money World Cup 2023

But apart from the prestige and honor of lifting the trophy, the teams and players also stand to gain financially from the prize money offered by the International Cricket Council (ICC). The ICC has announced a total prize money pot of $10 million for the World Cup 2023, which is a 25% increase from the previous edition in 2019.

The prize money will be distributed among the teams according to their performance in the tournament. The winner of the World Cup 2023 will receive a whopping $4 million, which is the highest amount ever awarded in cricket history. The runner-up will get $2 million, while the losing semi-finalists will each get $800,000. The teams that finish fifth to eighth will each receive $450,000, while the teams that finish ninth and tenth will each get $100,000.

The players will also receive individual bonuses from the ICC based on their participation in the tournament. Each player will get at least $30,000 for playing in the World Cup, with additional bonuses for reaching the knockout stages. The players in the round of 16 will get $60,000 each, the quarter-finalists will get $90,000 each, the semi-finalists will get $165,000 each, and the runners-up will get $195,000 each. The players in the winning team will each receive a massive $270,000 bonus, making their total earnings from the tournament $10.5 million.

The prize money for the World Cup 2023 reflects the growing popularity and importance of cricket as a global sport. It also shows the commitment of the ICC to reward and incentivize the teams and players for their hard work and dedication. The World Cup 2023 promises to be an exciting and competitive tournament that will showcase the best of cricket to millions of fans around the world.

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