On Sunday, Australia secured their sixth 50-overs World Cup title by defeating hosts India in the final at Narendra Modi Stadium. The Australian team successfully chased a target of 241, ending India’s 10-match winning streak at the tournament.
Now, let’s talk about the prize money:
- The tournament winner, Australia, will receive a substantial prize of USD 4 million
- The runners-up, India, will earn USD 2 million.
- The losing semi-finalists, New Zealand and South Africa, will each get USD 800,000.
- Teams that didn’t make it to the knockouts will receive USD 100,000.
- Winners of each group stage match will secure a USD 40,000.
The World Cup 2023 final between India and Australia is a significant reunion after 20 years since their last encounter in Johannesburg, where Ricky Ponting’s team secured a convincing 125-run victory.
India has faced defeats in various ICC events over the past decade, including the loss in the 2014 World T20 final, 2016 World T20 semifinal, 2017 Champions Trophy final, 2019 ODI World Cup semifinal, 2022 T20 World Cup semifinal, and back-to-back runners-up finishes in the 2021 and 2023 World Test Championship cycle.
