The prize money for teams competing in the 2022 World Cup, which is currently taking place in Qatar, is a whopping $440 million.
The tournament in 2022 featured 32 teams from around the world. There are 13 European teams, five African teams, four North American teams, four South American teams, and six Asian teams.
Qatar, Ecuador, Wales, Iran, Mexico, Saudi Arabia, Denmark, Tunisia, Canada, Belgium, Germany, Costa Rica, Serbia, Cameroon, Ghana, and Uruguay all earned $9 million each after exiting the World Cup at the group stage.
The teams that advanced to the round of 16 - USA, Senegal, Australia, Poland, Spain, Japan, Switzerland, and South Korea - each earned $13 million, while those that advanced to the quarter-finals - Brazil, Netherlands, Portugal, and England - earned $17 million each.
Fourth place team Morocco, earned $25 million
Third-placed team Croatia earned $27 million
The runner-up between Argentina or France will earn $30 million, while the 2022 FIFA World Cup winner will earn $42 million.
This is an increase of $40m compared to the 2018 tournament.
Prior to 2006, World Cup-winning teams never pocketed more than $10m, with 1982 champions Italy walking away with an estimated $2.2m for their efforts.
In 2002, there was a big push from national teams for FIFA to increase the prize money on offer. Below are the prize monies won since 1982 up until 2022;
Year Prize money (USD)
2022 $42m
2018 $38m
2014 $35m
2010 $30m
2006 $20m
2002 $8m
1998 $6m
1994 $4m
1990 $3.5m
1986 $2.8m
1982 $2.2m
The tournament will officially come to an end on Sunday (today) December 18, 2022, as holders France will face Argentina for a chance to lift the trophy and win the $42 million grand price.