The most prestigious event in one-day international cricket, the Cricket World Cup pits the greatest teams from around the globe against one another for supreme honor. The 1975 event has seen 12 iterations thus far, with the next one set to take place in India in 2023. In addition to competing for the prestigious trophy, the teams compete for a significant purse that has grown over time. The prize money for each cricket world championship and runner-up from 1992 through 2019 is listed below:
– 1992: Nine teams competed in the fifth World Cup, which was held in Australia and New Zealand. Pakistan won the championship after defeating England by 22 runs in the Melbourne final. England received $30,000 in prize money, while Pakistan was awarded $60,000. New Zealand and South Africa, the losing semi-finalists, each received $15,000.
– In 1996, India, Pakistan, and Sri Lanka hosted the sixth World Cup, which featured 12 nations. In the final at Lahore, Sri Lanka won their first championship by defeating Australia by seven wickets. Australia received $150,000 in prize money, while Sri Lanka received $300,000. India and the West Indies, the losers in the semifinals, each received $75,000.
– In 1999, 12 teams competed in the seventh World Cup, which was hosted in England, Ireland, Scotland, and the Netherlands. In the final at Lord’s, Australia defeated Pakistan by an eight-wicket margin to win their second championship. Pakistan received $20,000 in prize money, whereas Australia received $400,000 in total. South Africa and New Zealand, the losing semi-finalists, each received $100,000.
– In 2003, South Africa, Zimbabwe, and Kenya hosted the eighth World Cup, which featured 14 nations. Australia won the championship again after crushing India by 125 runs in the Johannesburg final. India received $800,000 in prize money, while Australia received $2 million. Sri Lanka and Kenya, the losers in the semifinals, each received $400,000.
– In 2007, the West Indies hosted the ninth World Cup, which featured 16 nations. Australia defeated Sri Lanka by 53 runs (using the D/L method) to win their third straight championship and fourth overall. Sri Lanka received $1 million in prize money, while Australia took home $2.4 million. New Zealand and South Africa, the losers in the semifinals, each received $500,000.
– In 2011, 14 teams competed in the tenth World Cup, which was hosted in Bangladesh, India, and Sri Lanka. In the final at Mumbai, India defeated Sri Lanka by six wickets to win their second championship in 28 years. Sri Lanka received $1.5 million in prize money, whereas India received $3.2 million. Pakistan and New Zealand, the losing semi-finalists, each received $750,000.
– In 2015, Australia and New Zealand hosted the World Cup’s eleventh iteration, which featured 14 nations.Australia defeated New Zealand in the championship match by a margin of seven wickets to win their fifth championship.While New Zealand received $1.75 million in prize money, Australia took home $3.975 million.Each of the losing semi-finalists, South Africa and India, received $600,000.
– 2019: Ten teams competed in the twelfth World Cup, which was held in England and Wales. After a drawn match and a tied super over in the final at Lord’s, England defeated New Zealand on a boundary count to win their first championship. New Zealand received $2 million in prize money, while England received $4 million. India and Australia, the losing semi-finalists, received $800,000 each.
Although the prize money for the 2023 World Cup has not yet been revealed, it is anticipated to be larger than the previous one. With India serving as the hosts, the competition will once more feature ten teams.
