The ongoing <a href="https://www.icccricketschedule.com/t20-world-cup-2024-3-indians-to-retire/" data-type="link" data-id="https://www.icccricketschedule.com/t20-world-cup-2024-3-indians-to-retire/">ICC T20 World Cup 2024</a> is coming to an end. After 53 electrifying cricket matches played between the top 20 teams across the world at nine different venues, we have our first finalists. South Africa beat Afghanistan in the first semifinal to qualify for the finals, and they will face the winner of the second semifinal between <a href="https://www.icccricketschedule.com/icc-t20i-player-rankings-updated-mens-t2oi-batting-and-bowling-rankings-travis-head-surpassed-sky/" data-type="link" data-id="https://www.icccricketschedule.com/icc-t20i-player-rankings-updated-mens-t2oi-batting-and-bowling-rankings-travis-head-surpassed-sky/">India and England.</a>



The grandfinal of the tournament is scheduled to take place on June 29 (Saturday) at Kensington Oval in Barbados. It has been a grand tournament, and for the first time, a total of 20 teams participated in the edition. Adding to that, the <a href="https://www.icccricketschedule.com/icc-t20i-player-rankings-updated-mens-t2oi-batting-and-bowling-rankings-travis-head-surpassed-sky/" data-type="link" data-id="https://www.icccricketschedule.com/icc-t20i-player-rankings-updated-mens-t2oi-batting-and-bowling-rankings-travis-head-surpassed-sky/">International Cricket Council (ICC)</a> also tried to crack the US market to give this game more exposure. That's why, for the first time, an ICC event took place in the United States.



To some extent, this move has benefited and given a push to this game in the USA. However, the ICC has also announced a record-breaking sum of prize money for this tournament for every team, which is more than the previous tournaments. Here we will talk about the distribution of <a href="https://www.icc-cricket.com/tournaments/t20cricketworldcup/news/record-prize-money-declared-for-t20-world-cup-2024" data-type="link" data-id="https://www.icc-cricket.com/tournaments/t20cricketworldcup/news/record-prize-money-declared-for-t20-world-cup-2024">prize money in the ICC T20 World Cup 2024.</a>



<h2 class="wp-block-heading">ICC T20 World Cup 2024: International Cricket Council announces a Record sum as Prize Money for all teams</h2>



<figure class="wp-block-image size-large"><img src="https://admin.icccricketschedule.com/uploads/2024/06/T20-World-Cup-2024-Prize-Money-ICC-declared-record-breaking-money-for-the-teams-Winner-will-get-INR-20-Crore-1024x532.webp" alt="" class="wp-image-141699" /><figcaption class="wp-element-caption">Credit: T20 World Cup 2022</figcaption></figure>



The ICC has announced a total of 11.5 million USD in prize money for the tournament, which is more than the double of the last edition (USD 5.6 million in 2022). This is more than the previous editions of the T20 World Cups. A total of 20 teams took part, and there is something for every team. It starts with the winner of the ICC T20 World Cup 2024.



The team that wins this tournament will receive a prize money of USD 2.45 million (approximately INR 20 crore), which is more than the previous editions. England won the tournament in 2022 and won 1.6 million USD (approximately 11 crore). Meanwhile, the runners-up will receive an amount of USD 1.28 million (approximately INR 8.8 crore).



<figure class="wp-block-table"><table><tbody><tr><td>Rank</td><td>Teams</td><td>Prize Money (in USD)</td></tr><tr><td>Winner</td><td>TBC</td><td>2.45 million</td></tr><tr><td>Runner-Up</td><td>TBC</td><td>1.28 million</td></tr><tr><td>Losing Semi-finalists</td><td>Afghanistan</td><td>787,500</td></tr><tr><td>Super 8 (5th to 8th)</td><td>Australia, United States, West Indies, Bangladesh</td><td>382,500</td></tr><tr><td>9th to 12th Places</td><td>New Zealand, Pakistan, Scotland, Sri Lanka</td><td>247,500</td></tr><tr><td>13th to 20th Places</td><td>Netherlands, Nepal, Uganda, PNG, Namibia, Oman, Canada, Ireland</td><td>225,000</td></tr></tbody></table><figcaption class="wp-element-caption">Note: Every win will earn an additional amount of USD 31,154</figcaption></figure>



The two teams that are losing semifinalists will receive an amount of USD 787,500 each. Australia, the United States, West Indies, and Bangladesh exited the T20 World Cup 2024 in the Super 8, and all four teams will get USD 382,500 each. Meanwhile, the teams finishing between the 9th and 12th spots will get USD 247,500 each.



These teams are New Zealand, Pakistan, Scotland, and Sri Lanka. These four teams finished third in their groups during the first round. Then, the remaining eight teams that finished the tournament from 13th to 20th will receive a prize money of USD 225,000. Meanwhile, every win at any stage of the tournament, will earn an additional cash prize of USD 31,154. You can see the complete details in the table above.



Also Read: <a href="https://www.icccricketschedule.com/t20-world-cup-2024-3-indians-to-retire/" data-type="link" data-id="https://www.icccricketschedule.com/t20-world-cup-2024-3-indians-to-retire/">3 Indian Players who might announce T20I retirement after T20 World Cup 2024</a>

T20 World Cup 2024 Prize Money ICC declared record-breaking money for the teams; Winner will get INR 20 Crore|T20 World Cup 2024 Prize Money ICC declared record-breaking money for the teams; Winner will get INR 20 Crore|

T20 World Cup 2024 Prize Money: ICC declared record-breaking money for the teams; Winner will get INR 20 Crore

t20-world-cup-2024-money-distribution

<a href="https://www.icccricketschedule.com/world-test-championship-2023-2025-points-table-and-team-india-full-schedule-wtc-2023-2025/" data-type="link" data-id="https://www.icccricketschedule.com/world-test-championship-2023-2025-points-table-and-team-india-full-schedule-wtc-2023-2025/">Team India </a>are the new World T20 Champions and won the <a href="https://www.icccricketschedule.com/3-replacements-for-ravindra-jadeja/" data-type="link" data-id="https://www.icccricketschedule.com/3-replacements-for-ravindra-jadeja/">ICC T20 World Cup 2024</a> just a week ago. Rohit Sharma and his team led the country to beat South Africa in the final and lift the cup for the second time in history. That win broke India's ICC trophy drought, which spanned for more than 11 years. But now, India have an ICC trophy in their kitty. The T20 World Cup 2024 win was the sixth ICC title for Team India in men's cricket.



They have now become the <a href="https://www.icccricketschedule.com/top-3-youngest-captains-for-india/" data-type="link" data-id="https://www.icccricketschedule.com/top-3-youngest-captains-for-india/">second-most successful team</a> in men's cricket. Meanwhile, India won a World Cup title after 13 years since 2011. That's why it was a big moment for the whole nation and its fans. And the Board of Control for Cricket in India (BCCI) rewarded the team and its management with a whopping cash prize of INR 125 crore for their success. BCCI secretary Jay Shah announced it on the X, and the team received the cash prize during the event held at Wankhede Stadium.



<h2 class="wp-block-heading">T20 World Cup 2024 Cash Prize: How will the INR 125 crore be divided into Players and Coaching Staff?</h2>



<figure class="wp-block-image size-large"><img src="https://admin.icccricketschedule.com/uploads/2024/07/T20-World-Cup-2024-Cash-Prize-How-will-the-INR-125-crore-be-divided-into-Players-and-Coaching-Staff-1024x532.webp" alt="" class="wp-image-142689" /></figure>



After the T20 World Cup 2024 win, the prize money of INR 125 crore was a very big announcement by the BCCI. But the question was how it would be divided among the players and coaching staff. As per the report by the Indian Express, it has been learned that not just players and coaching staff, but even reserve players and selectors will also get prize money from that amount. So here is the complete prize money distribution for the T20 World Cup 2024.



5 Crore Each: All 15 players in the squad and head coach <a href="https://en.wikipedia.org/wiki/Rahul_Dravid" data-type="link" data-id="https://en.wikipedia.org/wiki/Rahul_Dravid">Rahul Dravid</a> will get INR 5 crore each.



2.5 Crore Each: The three coaches will get INR 2.5 crore each: Vikram Rathour (Batting coach), Paras Mhambrey (Bowling coach), and T. Dilip (Fielding coach)



2 Crore Each: The Background Coaching staff and management will get INR 2 crore each. They are Thulasi Ram Yuvraj, Kamlesh Jain and Yogesh Parmar (Physiotherapists); Raghavindraa Dvgi, Dayanand Garani, and Nuwan Udeneke (Throwdown specialists); Arun Kanade and Rajeev Kumar (masseurs); and Soham Desai (Strength and Conditioning coach).



1 Crore each: Apart from that, all five selectors and four reserve players will get INR 1 crore each: Ajit Agarkar, Salil Ankola, Shiv Sunder Das, Subroto Banerjee, and Sridharan Sarath (Selectors); Shubman Gill, Rinku Singh, Avesh Khan, and Khaleel Ahmed (Reserve players)



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T20 World Cup 2024 Prize Money of 125 Crore: Here's how the Cash Prize will be distributed among Players and Coaching Staff

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