Revealing the Prize Money for ICC Men’s Cricket World Cup 2023
A total of $10 million has been announced as the prize money for the ICC Men’s Cricket World Cup 2023 in India.
The team that wins the Men’s Cricket World Cup 2023 will receive $4 million out of the total $10 million prize money. This announcement was made by the ICC on September 22. The team that finishes as the runner-up in the final match, scheduled for November 19 at the Narendra Modi Stadium in Ahmedabad, will receive $2 million.
In the Group Stage of the tournament, all ten teams will compete against each other once in a round-robin format. The top four teams in the points table at the end of this stage will advance to the semi-finals.
Teams will also have the opportunity to earn prize money for winning their Group Stage matches, with each victory earning them $40,000. For teams that do not make it to the knockout stage, there will be a consolation prize of $100,000.
This prize distribution also sets a precedent for the ICC Women’s Cricket World Cup in 2025. The ICC has announced that equal prize money will be awarded for both men’s and women’s events during the Annual Conference held in Durban, South Africa in July 2023.
The breakdown of prize money allocations is as follows:
| Stage | Rate US$ | Total US$ |
| Winner (1) | 4,000,000 | 4,000,000 |
| Runner-up (1) | 2,000,000 | 2,000,000 |
| Losing Semi-Finalist (2) | 800,000 | 1,600,000 |
| Teams eliminated after group stage (6) | 100,000 | 600,000 |
| Winner of each group stage match (45) | 40,000 | 1,800,000 |
| Total | 10,000,000 |
In the 13th edition of the big World Cup tournament, there will be a total of 10 teams competing for the highly sought-after World Cup trophy. India secured their spot as hosts, and New Zealand, England, Bangladesh, Pakistan, Australia, Afghanistan, and South Africa earned their places through the Super League.
Sri Lanka and the Netherlands had to work hard and compete in a Qualifier to earn their spots in the World Cup.
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