First prize.
About $1.83 million dollars.
The Golfer receives the prize after the tournament ends.
Typically a tournament that has guaranteed prize money states that there is a guaranteed prize pool and often go on to say how much. For example: Guaranteed prize pool of $250,000. This means no matter what they take in for buyins, this much will be reserved for the prize money. The rest will go to costs of hosting the tournament be online or in a casino.
This means the runner up of a prize or a prize for the loser.
Jonathan prize
The 2009 Memorial Tournament had a total purse of $6.2 million, with the winner, Steve Stricker, receiving $1.116 million. The prize money was distributed among the top finishers, with the runner-up earning $660,000 and third place receiving $420,000. The distribution continued down to the lower finishers, ensuring a wide range of payouts for the participants.
No
Jonathan prize
In 1947, the first official two-man Beach Volleyball tournament is held at Will Rogers State Beach, California. There wasn't any prize money. In 1948, the first prize money was given out at a tournament held in Los Angeles, California. The prize was a case of Pepsi.
Prize money if you are asking about a tournament, in regular play it is called the pot.
yes
Tournament comes to mind, as in, the prize for winning the tournament, was just a useless ornament.