AUGUSTA, Ga. -- The Masters is matching the Players Championship and PGA Championship with the highest purse in golf.

This year's Masters winner will receive 11 percent more in prize money than Bubba Watson did in 2014. AP Photo/David J. Phillip

With little fanfare, Augusta National released the prize money for the 79th Masters on Saturday, with a total payout of $10 million, including $1.8 million to the winner.

Last year, the tournament's purse was just over $9 million, signaling a nearly $1 million increase. Bubba Watson received $1.62 million for his Masters victory in 2014.

With significant fanfare, both the Players Championship and PGA Championship announced and began awarding $10 million at their tournaments last year.

Anyone finishing in the top 20 at the Masters is guaranteed at least $130,000, with payouts going down to $25,200 for 50th place. The final five golfers in the 55-player field post-cut will receive payouts based on their final score Sunday.