Teams will compete for the coveted top four slots to guarantee their spot in the tournament’s semi-finals as the 2023 World Cup draws to a close. Every team will be vying for the coveted trophy, but many of them will also be eyeing the massive event’s prize money.
Details indicate that the winners of the Men’s Cricket World Cup in 2023 will receive $4 million of the $10 million total prize money.
For every win in their Group Stage games, teams can take home a prize of $40,000. After the Group Stage, a team will receive $100,000 if they don’t make it to the knockout stage.
Read More: Qualifying Scenario of Pakistan for Semi-Final After Winning from NZ
From the $10 million total prize fund, the runners-up will receive $2 million, while the teams that make it to the semi-finals but are eliminated will receive $800,000 apiece.
The distribution of prize money is divided as follows:
Stage | Rate US$ | Total US$ |
Winner (1) | 4,000,000 | 4,000,000 |
Runner-up (1) | 2,000,000 | 2,000,000 |
Losing Semi-Finalist (2) | 800,000 | 1,600,000 |
Teams eliminated after Group Stage | 100,000 | 600,000 |
Winner of each group stage match (45) | 40,000 | 1,800,000 |
Total | 10,000,000 |
The International Cricket Council (ICC) declared during its Annual Conference in July 2023 that it will offer equal prize money for men’s and women’s cricket. The conference was held in Durban, South Africa.
India, who will be hosting the entire tournament for the first time, will be aiming for their first World Cup victory since 2011. With one game remaining, they had already advanced to the semi-final and won all eight of their previous games, solidifying their lead in the standings.
Along with India, South Africa is ranked second and has advanced to the playoffs, while Australia is ranked third and is almost certain to make it to the semifinals.
In the meantime, the Netherlands, Afghanistan, Pakistan, Sri Lanka, and New Zealand are still in the running for this tournament’s fourth spot and a chance to advance to the semi-finals. It’s very possible that New Zealand or Pakistan will take fourth place.
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