Prize Money for T20 World Cup: Bangladesh to Receive 26.3 Million Taka Even Without Winning a Match

The International Cricket Council (ICC) has announced the prize money for the ninth edition of the ICC T20 World Cup. The tournament, featuring 20 teams, will award at least $2.45 million to the winning team.

A total of $11.25 million has been allocated for the tournament, which amounts to approximately 1.31625 billion Bangladeshi Taka (considering the exchange rate of 1 USD = 117 BDT).

The runner-up team will receive at least $1.28 million. The two teams that lose in the semifinals will each get $787,500.

The four teams that get eliminated in the Super Eight stage will each receive $382,500. Teams finishing in 9th, 10th, 11th, and 12th places will each receive $247,500. Teams placed between 13th and 20th will each receive $225,000.

This means that each participating team will receive at least $225,000, which translates to 26,325,000 Bangladeshi Taka.

In addition to this, teams will earn $31,154 for each victory in matches, excluding the semifinals and final.

The 55-match event will span 28 days and will be held across nine venues in the West Indies and the United States. This will be the largest T20 World Cup in history, featuring 40 matches in the first round. Eight teams will advance to the Super Eight stage, from which four teams will move on to the semifinals.

Breakdown of ICC T20 World Cup 2024 Prize Money

Total Prize Money:$11.25 million

Champion: $2.45 million
Runner-up:$1.28 million

Teams Losing in Semifinals (2 teams):
- $787,500 each
- Total: $1.575 million

Teams Eliminated in Super Eight (4 teams):
- $382,500 each
- Total: $1.53 million

Teams Finishing 9th to 12th (4 teams):
- $247,500 each
- Total: $0.99 million

Teams Finishing 13th to 20th (8 teams):
- $225,000 each
- Total: $1.8 million

Winning Bonus for Matches (excluding semifinals and final):
- $31,154 each for 52 matches
- Total: $1.62008 million.