Twenty20 World Cup winning team to get $1.6 million as prize money, says ICC

The ICC said in a statement that the runner-up side will get half the amount of the winning team's prize purse.

The winner of the upcoming men's T20 World Cup is Australia will take home a whopping prize money of USD 1.6 million, the game's governing body ICC announced on September 30, 2022.

The ICC said in a statement that the runner-up side will get half the amount of the winning team's prize purse.

At the end of the 16-team tournament that runs for nearly a month, the losing semi-finalists will each get $400,000 from the $5.6 million total prize pool.

The eight teams who exit at the Super 12 stage will receive $70,000 each.

"Like last year at the ICC Men's T20 World Cup 2021, a win in each of the 30 games in the Super 12 phase will be worth USD 40,000," the ICC stated.

The eight teams that made it directly to the Super 12 phase are Afghanistan, Australia, Bangladesh, England, India, New Zealand, Pakistan and South Africa.