The 2021 Masters begins on Friday evening with a 24 player line-up set to take part for the first time and the prize money breakdown reflects that change.
There will be £220,000 in total available which is an increase of £20,000 from 2020 to incorporate the extra eight players.
As a result the first round losers will claim £2,500 while it remains unchanged from there with £5,000 for second round losers which was the initial figure for first round losers previously.
From there, Quarter-Finalists will get £10,000, Semi-Finalists are set for £17,500 while the winner will claim £60,000 and the runner-up £25,000.
Winner (1) £60,000
Runner-Up (1) £25,000
Semi-finalists (2) £17,500
Quarter-finalists (4) £10,000
Second round losers (8) £5,000
First round losers (8) £2,500