All 32 participants are guaranteed of at least £10,000 in prize money which is what is received for a first round defeat.
A win in the first round is worth £15,000, while quarter-finalists are set to receive £25,000 and the losers from the semi-finals will receive £50,000.
The losing finalist is set for £70,000, while the winner claims £150,000 and the illustrious Phil Taylor trophy.
Prize Money Breakdown - 2021 World Matchplay
Losing finalist: £70,000
Second Round Losers: £15,000
First Round Losers: £10,000