Purse for 147th Open Championship set at $10.8M
Richard Heathcote / Getty Images Sport / Getty

Winning this year's Claret Jug at the Open Championship comes with the elite distinction of being called a major champion, and some nice padding for the wallet.

The R&A announced the purse for the 2018 Open Championship on Monday, and it's a big one. Up from last year's whopping $10.25 million, the 2018 purse carries a value of $10.8 million, with the winner's share sitting at a cool $1.89 million, according to Joel Beall of Golf Digest.

"The prize fund reflects the Open's position as one of the world’s great sporting events," said R&A chief executive Martin Slumbers. "We look forward to seeing the best players in the sport competing for the Claret Jug at Carnoustie."

Jordan Spieth took home the Claret Jug last year by conquering Royal Birkdale. The last time Carnoustie played host to the Open Championship was in 2007 when Irishman Padraig Harrington earned the title.

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Purse for 147th Open Championship set at $10.8M
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