The PGA Championship is predominantly played in the eastern side of the United States; it has only traveled west eleven times. It was last seen in the Pacific time zone in 1998, in Sahalee, east of Seattle. The tournament has never been played in Canada or Mexico. The PGA Championship is currently held every other year, with the exception of 1968 and 1972 when it was held annually. It will next be played in 2020 at the Olympic Club in San Francisco. The first PGA Championship was held at the Country Club of New York City in 1889. This event was not intended to establish a new major championship but rather as a way for PGA members to show their skill. The winner received $10,000 ($250,000 in today's dollars). In 1894, the prize money was raised to $15,000 ($450,000 in today's dollars). From then on, the prize money increased by $10,000 each year. In 1968, the amount paid out was reduced to $150,000 because of rising operating costs. In 1970, the field size was limited to 150 players to reduce congestion on the course. In 1973, the cut-off point was lowered to 80th place to allow more people to qualify. In 1976, the maximum number of participants was set at 250 to keep the size of the field manageable.