2017 Purse: $10,500,000
Winner’s Share: $1.89M
The PGA Championship is hosted by the PGA of America and is usually the last major played of the year. Besides the hefty payout, winners of this prestigious event are automatically invited to play in the other three majors (Masters Tournament, U.S. Open, and The Open Championship) for the next five years, and are exempt from qualifying for the PGA Championship for life. They receive membership on the PGA and European Tours for the following five seasons and invitations to The Players Championship for five years. Not a bad deal.