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2025 Charles Schwab Challenge Purse & Payouts: $9.5 M In Prize Money Up For Grabs

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Fresh off his PGA Championship victory, Scottie Scheffler returns to action this weekend as the headliner at the Charles Schwab Challenge. He’ll aim for his third consecutive win and a piece of the tournament’s $9.5 million purse. 

While the Charles Schwab Challenge isn’t classified as a signature event, it holds a special place on the PGA Tour calendar, taking place at the historic Colonial Country Club in Fort Worth, Texas, one of the most iconic and tradition-rich venues in the game.

Let’s go over what’s on the line this weekend at the 2025 Charles Schwab Challenge.

Charles Schwab Challenge 2025 Purse 

The Charles Schwab Challenge, established in 1946, has been held annually at Colonial Country Club ever since. It is one of only five tournaments on the PGA Tour to hold “invitational” status, meaning it features a smaller, more selective field.

While the number of participants is limited, only the top 65 finishers will earn a share of the prize money. This year’s purse is set at $9.5 million, with the winner taking home 18%, a total of $1.71 million. Players who make the cut are guaranteed a payout, with the 65th-place finisher earning $20,425.

Below, we’ll break down the 2025 Charles Schwab Challenge purse and payouts for every player this weekend. 

Position Percent Amount
1 18% $1,710,000.00
2 10.90% $1,035,500.00
3 6.90% $655,500.00
4 4.90% $465,500.00
5 4.10% $389,500.00
6 3.63% $344,375.00
7 3.38% $320,625.00
8 3.13% $296,875.00
9 2.93% $277,875.00
10 2.73% $258,875.00
11 2.53% $239,875.00
12 2.33% $220,875.00
13 2.13% $201,875.00
14 1.93% $182,875.00
15 1.83% $173,375.00
16 1.73% $163,875.00
17 1.63% $154,375.00
18 1.53% $144,875.00
19 1.43% $135,375.00
20 1.33% $125,875.00
21 1.23% $116,375.00
22 1.13% $106,875.00
23 1.05% $99,275.00
24 0.97% $91,675.00
25 0.89% $84,075.00
26 0.81% $76,475.00
27 0.78% $73,625.00
28 0.75% $70,775.00
29 0.72% $67,925.00
30 0.69% $65,075.00
31 0.66% $62,225.00
32 0.63% $59,375.00
33 0.60% $56,525.00
34 0.57% $54,150.00
35 0.55% $51,775.00
36 0.52% $49,400.00
37 0.50% $47,025.00
38 0.48% $45,125.00
39 0.46% $43,225.00
40 0.44% $41,325.00
41 0.42% $39,425.00
42 0.40% $37,525.00
43 0.38% $35,625.00
44 0.36% $33,725.00
45 0.34% $31,825.00
46 0.32% $29,925.00
47 0.30% $28,025.00
48 0.28% $26,505.00
49 0.27% $25,175.00
50 0.26% $24,415.00
51 0.25% $23,845.00
52 0.25% $23,275.00
53 0.24% $22,895.00
54 0.24% $22,515.00
55 0.24% $22,325.00
56 0.23% $22,135.00
57 0.23% $21,945.00
58 0.23% $21,755.00
59 0.23% $21,565.00
60 0.23% $21,375.00
61 0.22% $21,185.00
62 0.22% $20,995.00
63 0.22% $20,805.00
64 0.22% $20,615.00
65 0.22% $20,425.00
Total $9,500,000.00

2025 Charles Schwab Challenge Purse Is Up 13% Since 2023 

The Charles Schwab Challenge purse has grown steadily in recent years, reflecting its prestige and continued importance on the PGA Tour schedule. Since 2023, the total purse has increased by 13%, rising from $8.7 million to $9.5 million in 2025.

Despite not being designated as a signature event, the tournament received a $400,000 boost in prize money this year alone.The Charles Schwab Challenge holds historic significance and strong sponsor backing. Held at the iconic Colonial Country Club, the event continues to attract top-tier talent and reward elite performances. It’s also played on one of the most challenging courses on the Tour. 

Here are the past winners and payouts for the Charles Schwab Challenge since 2016.

Year Winner To par Runner(s)-up Purse

(US$)

Winner’s

share ($)

Charles Schwab Challenge
2025 TBD $9,500,000.00 $1,710,000.00
2024 Davis Riley −14 Keegan Bradley

Scottie Scheffler

$9,100,000.00 $1,638,000.00
2023 Emiliano Grillo −8 Adam Schenk $8,700,000.00 $1,566,000.00
2022 Sam Burns −9 Scottie Scheffler $8,400,000.00 $1,512,000.00
2021 Jason Kokrak −14 Jordan Spieth $7,500,000.00 $1,350,000.00
2020 Daniel Berger −15 Collin Morikawa $7,500,000.00 $1,350,000.00
2019 Kevin Na −13 Tony Finau $7,300,000.00 $1,314,000.00
Fort Worth Invitational
2018 Justin Rose −20 Brooks Koepka $7,100,000.00 $1,278,000.00
Dean & DeLuca Invitational
2017 Kevin Kisner −10 Sean O’Hair

Jon Rahm

Jordan Spieth

$6,900,000.00 $1,242,000.00
2016 Jordan Spieth −17 Harris English $6,700,000.00 $1,206,000.00

 

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Gia Nguyen
Sports Editor

Based in Canada, Gia is a Sports Casting contributor. She graduated from the University of Windsor with a Bachelor of Science, so she knows the make-up of a winning bet. Gia uses her analytical background to tell stories using the latest data and statistics. Her work has been sourced by Entrepreneur, Inquirer, and more. Gia is also interested in health, wellness, and yoga.

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Author photo
Gia Nguyen Sports Editor

Based in Canada, Gia is a Sports Casting contributor. She graduated from the University of Windsor with a Bachelor of Science, so she knows the make-up of a winning bet. Gia uses her analytical background to tell stories using the latest data and statistics. Her work has been sourced by Entrepreneur, Inquirer, and more. Gia is also interested in health, wellness, and yoga.

All posts by Gia Nguyen