Cricket World Cup 2023 Prize Money: What Winners, Runners-up, and Other Teams Earned

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Australia secured their sixth 50-overs World Cup title with a six-wicket victory over host and favorite India at a packed Narendra Modi Stadium. Opting to bowl first, Australia's impressive bowling restricted Rohit Sharma's team to a modest 241.

The Australians successfully chased down the target in 43 overs, ending India's 10-match winning streak in the tournament.

In terms of prize money, the World Cup 2023 winner will receive a significant sum of USD 4 million (approximately ₹33 crore), while the runners-up will earn USD 2 million (around ₹16 crore). The losing semi-finalists, New Zealand and South Africa, will each be awarded USD 800,000 (approximately ₹6.5 crore).

Teams failing to advance to the knockouts will receive USD 100,000 (roughly ₹83 lakh) each, and winners of each group stage match will secure a USD 40,000 incentive (approximately ₹33 lakh).

The World Cup final between India and Australia marked a 20-year reunion since their last encounter in Johannesburg, where Ricky Ponting's team claimed a convincing 125-run victory.

India has faced a series of setbacks in ICC events over the past decade, including losses in the 2014 World T20 final, 2016 World T20 semifinal, 2017 Champions Trophy final, 2019 ODI World Cup semifinal, and the 2022 T20 World Cup semifinal. Additionally, India had back-to-back runners-up finishes in the 2021 and 2023 World Test Championship cycles.

Australia's triumph showcased their prowess in both bowling and batting, ultimately securing a well-deserved victory in the highly anticipated final. The substantial prize money adds to the significance of their achievement in the 50-overs World Cup, capping off a memorable tournament with substantial rewards for the teams based on their performance.

In the World Cup final, India posted a total of 240 runs for the loss of all wickets in 50 overs, with significant contributions from KL Rahul (66) and Virat Kohli (54). Mitchell Starc excelled with the ball, claiming 3 wickets for 55 runs.

Australia successfully chased down the target, reaching 241/4 in 43 overs. Travis Head's exceptional innings of 137 and an unbeaten 58 from Marnus Labuschagne led Australia to victory. Jasprit Bumrah was India's notable bowler, taking 2 wickets for 43 runs. Australia's balanced performance secured them a record-extending sixth 50-overs World Cup title in a thrilling final encounter.