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Green Jacket for Matsuyama to Be Paired With $2 Million Taxable Purse (www.sportico.com)

Green Jacket for Matsuyama to Be Paired With $2 Million Taxable Purse

On Sunday, Hideki Matsuyama earned the right to wear the fabled green jacket by finishing first in the 2021 Masters Tournament at Augusta National Golf Club in Augusta, Georgia. Matsuyama, who entered the Masters as the PGA Tour’s 25th ranked golfer, defeated Will Zalatoris, who finished one stroke behind. Matsuyama is now the first male Japanese player to win a major championship. Dustin Johnson, who won last year’s Masters and is the PGA Tour’s top ranked golfer, missed the cut last Friday.

By winning the 2021 Masters, Matsuyama also wins a $2.07 million prize from the tournament’s total purse of $11.5 million. These dollar amounts are unchanged from the 2020 tournament’s payouts.

Yet Matsuyama, a 29-year-old Japanese golfer who reportedly resides in Windermere, Florida, won’t actually “take home” $2.07 million. His prize is subject to federal and Georgia tax laws (we assume Matsuyama spends at least 183 days a year in the U.S., in which case he would be taxed as a U.S. resident).

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