South Africa defeated the Indian cricket team by wickets in the Final of the T20 World Cup 2024 at the Kensington Oval in Barbados, on June 29 (Saturday). This was the first World Cup win for the Proteas in their history, making this win more and more iconic. See how much prize money the winners, runner-ups, semi-finalists, and Super 8 teams will be receiving from this mega tournament.
The prize fund has been doubled since the last edition as it is a 20-team event this time. In the previous season, it was 5.6 million USD. Now, the winners of this mega tournament will approximately receive the same prize money as the winners of the Indian Premier League (IPL) 2024 winner Kolkata Knight Riders (KKR). The winner is set to get at least 2.45 million USD (Rs 20.37 crore approximately). The runner-ups of the T20 World Cup will also be receiving at least 1.28 million USD (Rs 10.64 crores) approximately. This is significantly higher than what the runner-ups for the previous edition got. Pakistan got Rs 6.4 crore.
Prize money for other teams
The teams that ended on the losing end in both semi-finals will get 787,500 dollars each (Rs 6.5 crore approximately). Teams that failed to get past the Super 8s stage will receive $382,500 each (Rs 3.2 crore approximately). Teams that will finish between the ninth and 12th position will get $247,500 each (Rs 2.06 crore approximately).
All other remaining teams that are placed from 13th to 20th will also get $225,000 each (Rs 1.87 crore approximately). In addition to this, each team will get an extra $31,154 (Rs 25.90 lakh approximately) for each game that they have won in this mega tournament. the semi-final and final encounters would not be counted in this.
| Position | Prize Money |
| Winner | 2.45 million USD |
| Runner Up | 1.28 million USD |
| Semi-finalists | 787,500 USD |
| Super 8s | 382,500 USD |
| 9 to 12 | 247,500 USD |
| 13 to 20 | 225,000 USD |
India clinch second T20 World Cup 2024
The Indian cricket team put an end to their 11-year-long trophy drought after winning their second T20 World Cup title. The Men in Blue became the first undefeated team in history to win the prestigious trophy and also the first side to win all white-ball ICC trophies (T20 World Cup, ODI World Cup, Champions Trophy) twice.
Rohit Sharma elected to bat first after winning the toss and the decision turned out to be good as India managed to post 176/7 on the board with the help of an amazing half-century from star batter Virat Kohli and great cameo knocks from Axar Patel and Shivam Dube. Then during the second innings, Heinrich Klaasen also smashed a blazing fifty and almost took the game away from the Indian team. However, Jasprit Bumrah and Hardik Pandya's heroics helped India come back into the match and win it by 7 runs.
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