how much does the masters payout winnings
The payout, however, is not one of those ways. Horton Smith, who won the first Masters, took home $1,500 according to Golfstats.com. The 2014 payout is worth more than 1,000 times that. The winnings have increased dramatically in the last 20 years.he payout, however, is not one of those ways. Horton Smith, who won the first Masters, took home $1,500 according to Golfstats.com. The 2014 payout is worth more than 1,000 times that. The winnings have increased dramatically in the last 20 years.