The 2024 UEFA European Championship has begun in Germany, gathering the top teams from across Europe.
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Frequently known as the Euros, this esteemed tournament includes 24 teams and provides significant prize funds. The total prize purse for Euro 2024 amounts to $357 million, identical to that of 2020.
Each participating team receives $9.96 million solely for their participation.
![](https://abtc.ng/wp-content/uploads/2024/06/Euro241.png)
Below are the additional prize money breaks down:
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Win a match: $1.07 million
Draw a match: $0.53 million
Reach the Round of 16: $1.62 million
Reach the Quarterfinals: $2.69 million
Reach the Semifinals: $4.3 million
Finish as Runner-up: $5.4 million
Win the tournament: $8.6 million
If a team wins all three of their group matches and goes on to win the final, they have the potential to earn up to $30.43 million, as per UEFA.
Prize money from each round accumulates with previous winnings, resulting in potentially substantial earnings.
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