ICC Men’s Cricket World Cup 2023 Prize Money was announced by the International Cricket Council (ICC) on September 22.
The winners of the ICC Men’s Cricket World Cup 2023 will receive $4 million of the $10 million prize pool, the International Cricket Council (ICC) announced on September 22. The runner-up will take home $2 million in the final to be played on November 19 at the Narendra Modi Stadium in Ahmedabad.
The 10 teams will meet once in a round-robin format in the group stage, with the top four in the points table advancing to the semifinals.
There is also prize money up for grabs for winning their group stage matches, with teams receiving $40,000 for each victory. At the end of the group stage, the teams that fail to reach the round of 16 will each receive $100,000.
The prize money also sets the precedent for the next ICC Women’s Cricket World Cup in 2025, with ICC announcing equal sums for the men’s and women’s events during the Annual Conference held in Durban, South Africa, in July 2023.
World Cup 2023 Prize Money
The breakdown of prize money allocations is as follows:
| Stage | Rate US$ | 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 (6) | 100,000 | 600,000 |
| Winner of each group stage match (45) | 40,000 | 1,800,000 |
| Total | 10,000,000 |
A total of 10 teams will compete for the coveted World Cup trophy in the 13th edition of the flagship event. India qualified by virtue of hosting, while New Zealand, England, Bangladesh, Pakistan, Australia, Afghanistan, and South Africa advanced from the Super League.
Sri Lanka and Netherlands had to work hard in the Qualifier to advance to the World Cup.
The biggest men’s event on the cricket calendar will span 48 matches across 10 venues and will begin on October 5 with a rematch of the previous edition’s final between defending champions England and New Zealand.
Before the start of the World Cup, each team will play two warm-up matches to prepare for the 46-day-long tournament.
