The 2023 Cricket World Cup is going on right now. The ICC (that’s the International Cricket Council) has revealed the prize money for the team that wins and the team that comes in second place. This is a big deal in cricket, and it happens every four years. The tournament started on October 5 and will end on November 19. India is hosting the tournament, and they’re one of the top teams in the running. There are 10 teams, and they play against each other in a round-robin format. There are 45 games in the league stage, then there are two semi-final matches, and finally, there’s one big final match to determine the champion. ICC World Cup 2023 Prize Money for Winner, Runner-Up, Highest Scrorer & Wicket Taker.
The team that wins the World Cup not only gets to lift the famous trophy but also takes home a significant amount of money. In total, there’s a $10 million prize pool. So, there are rewards for the winner, the runner-up, and the teams that make it to the semi-finals. It’s a big deal for cricket fans!
ICC World Cup 2023 Prize Money
On November 19, the final match of the 2023 ICC Cricket World Cup will take place at India’s Narendra Modi Stadium. The team that proves itself to be the best in the world will receive the coveted trophy and a substantial cash prize.
For this year’s World Cup, there’s a total prize fund of $10 million. This money will be distributed evenly among the teams, depending on how far they progress in the tournament. So, it’s not just about the glory of winning; there’s also some serious prize money at stake for the teams.
Here’s the prize money breakdown in table format:
|Stage||Prize (in US$)||Prize (in INR)|
|Winner (1)||$4,000,000||33.2 crore INR|
|Runner-up (1)||$2,000,000||16.6 crore INR|
|Losing Semi-Finalist (2)||$800,000||6.6 crore INR (total)|
|Teams eliminated after group stage (6)||$100,000||83 lacs INR (each), 5 crores INR (total)|
|Winner of each group stage match (45)||$40,000||33 lacs INR (each), 15 crores INR (total)|
ICC World Cup Prize Money (1987 to 2023)
|Year||Prize Money for Winning Team|
|2023||$4 Million (Rs. 33 Crore)|
Read more: Top Scorer in ICC Cricket World Cup 2023