The World Darts Championship is not only the most prestigious event on the PDC calendar but it is also the richest with the biggest prize pot of any tournament in the sport.
After Peter Wright picked up both the Sid Waddell trophy and six figure winners purse at the 2022 final, the prize money has remained the same for 2023. There were 96 competitors taking part at the Alexandra Palace this year and even those who were eliminated in the first round will still be leaving with something.
Here is how much the players stand to earn at the 2023 PDC World Darts Championship, based on how far they make it in the event:
PDC World Darts Championship prize money
In total, a share of £2.5 million of prize money is divided up across the 96 players taking part in this year’s PDC World Darts Championship. The winner of the 2023 event will take home a whopping £500,000 in prize money, with Michael van Gerwen set to face Michael Smith for the trophy today.
It’s not a bad sum either for the runner up, they will be consolidated for the disappointment of losing the final with a prize of £250,000. As for the other 94 competitors who are eliminated earlier in the competition, here is a breakdown of how much they took home for their placings:
- Round 1 (32 players) - £7,500
- Round 2 (32 player) - £15,000
- Round 3 (16 players) - £25,000
- Round 4 (eight players) - £35,000
- Quarter finalists (four players) - £50,000
- Semi finalists (two players) - £100,000
- Runner-up (one player) - £200,000
- Winner (one player) - £500,000
Who is the richest darts player in the world?
Based on just the prize money he has picked up in his professional career, three time world champion van Gerwen is the most successful darts player in the PDC. According to CelebrityNetWorth, the Dutchman is worth $6 million (USD).
‘Mighty’ Michael has won 45 major events in the PDC including seven Players Championship finals, six Premier League titles and six World Grand Prix titles. He is aiming to lift his fourth World Championship in 2023 which will take him just one behind countryman Raymond van Barneveld, who was knocked out by Gerwyn Price in the third round, on five. However, he still has a long way to go to catch Phil Taylor’s incredible record of 16 World Championships.
Which other PDC events have the highest prize money?
The PDC tournament which pays the second highest prize money to the eventual winner is the Premier League. In 2022, Michael van Gerwen took home £275,000 for winning the event.
Other major events which paid significant prizes to the winners in 2022 included the World Match Play (£200,000), The Masters (£220,000), Grand Prix (£120,000) and Grand Slam (£150,000).
How to watch PDC World Darts Championship on UK TV
Every single match from the 2023 PDC World Darts Championship has been broadcast live on Sky Sports, with the highly anticipated finale between Van Gerwen and Smith to be shown live on Sky Sports Darts from 7:45pm tonight.
Sky customers can catch all the action on their Sky Box or on mobile devices via the Sky Go app, which is available to download in most mainstream app stores. Non-Sky customers have the option to purchase NowTV packages which will give them limited time access to watch.