The 2022 ICC Men’s T20 World Cup is scheduled to be the 8th ICC Men’s T20 World Cup tournament. For the first time, the competition will be held in Australia. The current champions will be defending their titles on their home soil. T20 WC 2022 will start on 16 October with the 8 teams battling for the Super 12 Stage. Then the Super 12 will start on October 22nd. Eventually, the competition will come to an end on November 13th. This content is all about ICC T20 World Cup 2022 Prize Money. Here you’ll know how much will be the prize money for winning the title and how much the runner-up side will receive. We will also reveal the prize money for winning a match in the first round and for winning a game in the Super 12. T20 World Cup Predictions 2022 (Probable Winners).
ICC T20 World Cup 2022 Prize Money
Check out the Prize Money for ICC T20 World Cup 2022 in the below chart.
|Purpose||Prize Money (in US Currency)||Prize Money (in Australian Currency)|
|Per First Round Win||40k US Dollars||61k Australian Dollars|
|First Round Exit||40k US Dollars||61k Australian Dollars|
|Per Super 12 Stage Win||40k US Dollars||61k Australian Dollars|
|Super 12 Stage Exit||70k US Dollars||107k Australian Dollars|
|Semifinalists||400k US Dollars||615k Australian Dollars|
|Runners-Up||800k US Dollars||1.23 Million Australian Dollars|
|Champions||1.6 Million US Dollars||2.46 Million Australian Dollars|
How Much a Team Will Receive for Winning First Round Game in the T20 WC 2022?
A total of 8 teams will take part in the very first round. The 8 sides will be divided into 2 groups and will be battling for the Super 12 Stage. This round will start on October 16 and will last 6 days to end on October 22. There will be a total of 12 fixtures in this round and 6 for each group. 1 team will feature in 3 first-round fixtures. Each side will face its other 3 group oppositions and eventually, 2 sides from each group will qualify for the Super 12.
A win will help a side grab 40 thousand US Dollars which is equivalent to 61k Australian Dollars. This round will feature the likes of Sri Lanka and the West Indies, and the 2 sides will have their chances to win up to 120k US Dollars in this round.
Prize Money for the First Round Exit:
The exit from the first round will hand a side 40k US Dollars. So any of the sides participating in the world cup is guaranteed a 40k USD check. Even if a side fails to win any match, still it would take 61k Australian Dollars home.
Fee for Per Super 12 Stage Win:
A total of 4 sides from the first round will join the 8 automatically qualified sides in the Super 12 stage. The 8 automatically qualified sides are Australia, New Zealand, England, South Africa, Bangladesh, India, Pakistan, and Afghanistan. The Super 12 Stage will begin on October 22 and will run till November 6. 12 teams will be divided into 2 groups with 6 sides in each group. So each team will take part in 5 fixtures and will face all other group oppositions once. The prize money for winning a group stage game will be as same as the one in the first round.
Each win will hand a team 40 thousand USD. There will be a total of 30 matches in this round. One team can make up to 200 thousand Dollars if it can win all of its 5 Super 12 round fixtures.
Prize Money for Super 12 Stage Exit:
At the end of the Super 12 round, 8 teams will exit the competition with just 4 sides being left. Each of those 8 sides will take 70 thousand US Dollars home. The sum is equivalent to 107k Australian Dollars. Hence, we can say participating in the Super 12 stage ensures at least 70k USD, even if the side remains winless in this round.
Prize Money for ICC T20 WC Semifinalists:
Heading to the business end of the competition, only 4 teams will make it to the semifinal of the alluded competition. The semifinals will be played on November 9 and 10 in Sydney Cricket Ground and Adelaide Oval respectively. The 2 losing semifinalists will get prize money of 400k US Dollars which is as much as 615k Australia Dollars.
ICC T20 WC Prize Money for Runners-Up:
The final will be played on November 13 at the Melbourne Cricket Ground. The losing finalists may not take the trophy home but they will be awarded a big amount of money. The runners-up side will get 800k US Dollars which crosses the million-dollar mark in Australian currency. The sum will be as much as 1.23 Million Australian Dollars, according to the current exchange rate.
ICC T20 World Cup 2022 Prize Money for Champions:
On November 13 the ICC T20 WC will draw its conclusion at the iconic MCG with just one team smiling and lifting the title. How much is ICC T20 World Cup 2022 Prize Money for the champion side? Well, it’s a huge sum of money. The ICC T20 WC winners in Australia edition will grab a whopping 1.6 million US Dollars. So according to the US currency, the winners will be the only side who will get more than a million dollar check. However, in Australian currency, the sum will cross the 2 million mark and will be pretty close to 2.5 million Australia Dollars (app 2.46m AUD). The winner between England and Pakistan will receive this massive amount of money.
ICC T20 WC Prize Money Comparison with FIFA WC
|Round/Parameter||ICC T20 World Cup Prize Money||FIFA World Cup Prize Money||Ratio|
|Champions||1.6 Million US Dollars||50 Million US Dollars||31.25 Times Less|
|Runners Up||800k US Dollars||32 Million US Dollars||40 Times Less|
|Semifinal||400k US Dollars||26 & 22 Million US Dollars (3rd and 4th)||65 Times and 55 Times Less|
|Super 12/ RO16/ Quarterfinal||70k US Dollars||16 & 12 Million US Dollars (RO16 and QF)||228 Times and 171 Times Less|
|1st Round||40k US Dollars||10 Million US Dollars||250 Times Less|
From the above chart we can see, FIFA World Cup 2022 winning team will receive a whopping 50 million US Dollars. While the ICC T20 WC winners will get just 1.6 million USD. The sum is 31.25 times lesser than what the football World Cup winners will get.
The prize money for the runners-up side will be just 800k US Dollars in opposed to the FIFA WC runners-up side’s 32 million USD prize money. That’s 1/40th of the sum for the football world cup.
ICC T20 WC losing semifinalists will pocket 400k US Dollars. This competition doesn’t feature any 3rd place playoff game. On the other hand, the FIFA WC losing semi-finalists will take part in a 3rd place playoff game. The 3rd place holders will get 26 million USD while the 4th position holders will receive 22 million USD. These numbers are 65 times and 55 times more respectively than what an ICC T20 WC semifinalist side will receive.
Moreover, an appearance in the FIFA WC guarantees a side at least 10 million US Dollars. While featuring in the ICC T20 WC will ensure just 40k USD and 70k USD respectively for the First Round and Super 12 Stage. FIFA World Cup 2022 Prize Money.