New Delhi: The International Cricket Council (ICC) on Friday said, the winner of the men’s T20 World Cup 2022 will take home prize money of 1.6 million dollars while the runners-up will get half of the winning amount.
The ICC also announced that the two losing semifinalists will receive 400,000 dollars each from the matches taking place on November 9 and 10.
Winning side would receive USD 1.6 million
ICC in an official media release stated that “The ICC announced that the winning side at the ICC Men’s T20 World Cup 2022 in Melbourne on November 13 would receive prize money of USD 1.6 million, with the runners-up guaranteed half the amount.”
All the 16 competing teams in the tournament will receive part of the 5.6 million dollars allocated as prize money for the tournament, which will be played in Australia from October 16 to November 13.
There will also be a bonus amount for every match that a team wins in the Super 12 stage. The winning team in each of the 30 games in that phase will this time win 40,000 dollars, a total pot of 1,200,000 dollars.
Top eight teams to receive 70,000 dollars
The eight teams whose men’s T20 World Cup ended at the Super 12 stage will automatically receive 70,000 dollars each, totaling 560,000 dollars. The same structure is in place for the first-round victories with 40,000 dollars available to those who win each of the 12 games, amounting to 480,000 dollars.
The four teams knocked out in the first round will take 40,000 dollars each from an overall 160,000 dollars.
The ICC also said that there will be two drinks intervals in every match of the men’s T20 World Cup. The breaks will last for 2 minutes and 30 seconds and will be taken at the midpoint of each innings.
The Decision Review System (DRS) will also be used in a men’s T20 World Cup for the first time ever. Each team will get a maximum of two reviews per innings in the match.
Prize Money table
| STAGE | UNIT | PER TEAM | TOTAL |
| Winners | 1 | $ 16,00,000 | $ 16,00,000 |
| Runners-Up | 1 | $ 8,00,000 | $ 8,00,000 |
| Losing Semi-finalists | 2 | $ 4,00,000 | $ 8,00,000 |
| Super 12 Wins | 30 | $ 40,000 | $ 12,00,000 |
| Super 12 Exit | 8 | $ 70,000 | $ 5,60,000 |
| First Round Win | 12 | $ 40,000 | $ 4,80,000 |
| First Round Exit | 4 | $ 40,000 | $ 1,60,000 |
| Total | $ 56,00,000 |
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