When the US Open, the calendar year’s fourth and final Grand Slam tennis tournament, starts on August 26, players will be vying for record-setting prize money. The tournament will pay out $57 million in total prize money, and each round will pay out more than has ever been paid at any of the Grand Slams.

Winners of the men’s and women’s singles will receive $3.85 million and the runner-ups $1.9 million. Winners of the doubles will get $740,000. Here’s a complete breakdown:

Singles:

Winner: $3,850,000

Runner-up: $1,900,000

Semifinalist: $960,000

Quarterfinalist: $500,000

Round of 16: $280,000

Round of 32: $163,000

Round of 64: $100,000

Round of 128: $58,000

Doubles (each team):

Winner: $740,000

Runner-up: $370,000

Semifinalist: $175,000

Quarterfinalist: $91,000

Round of 16: $50,000

Round of 32: $30,000

Round of 64: $17,000

“The US Open prides itself on offering the best tennis players in the world the richest total prize money in our sport,” says Patrick Galbraith, USTA Chairman of the Board and President.

Stars like Roger Federer, Rafael Nadal, Serena Williams and Novak Djokovic together have made a total of over $400 million in prize money in their careers, and even more from endorsements. For them, it’s arguably more important to win another Grand Slam title than more money. But for many other players, the Grand Slams are where they can make a significant part of their yearly income because a lot of the tour’s smaller tournaments pay much less in prize money.

For example, the woman currently ranked No. 128, Arantxa Rus of the Netherlands, has made $94,308 so far this year.

Of course this is a lot of money for most people, but it’s not a lot compared with what world-class athletes make in some other sports. The Wall Street Journal a few years ago looked at how much the No. 32 ranked tennis player made compared with comparable athletes in other sports. At the time, the No. 32 ranked man made about $750,000, while the 32nd highest-paid MLB player earned over $16 million.

In addition, it costs roughly $300,000 a year for a tennis player to pay for herself and a coach to travel to a year’s worth of tournaments. So the money a player outside the top 100 can earn if he or she wins a couple of rounds at the US Open can be significant to them. Even losing in the second round of this year’s US Open would lead to a check for $100,000 — which would more than double No. 128 Arantxa Rus’s income for this year.

To show how much Grand Slam tennis prize money has increased over the years, $100,000 was the total amount awarded to all players at the 1968 US Open.