Colonial National Invitation is a professional golf competition held annually in May. This event is part of the PGA tour. Colonial National Invitation is known as Charles Schwab Challenge due to Sponsorship.
Charles Schwab Challenge 2023 will play at Colonial Country Club from 25 May to 28 May 2023. Sam Burns is the defeating winner of the tournament.
Charles Schwab Challenge Prize Money
The total fund of the Charles Schwab Challenge has grown compared to last year. Last year, a $6.14 million fund was distributed, but this year $8.7 million will be distributed among the golfers. The prize money will be divided among the top 65 golfers.
The tournament champion will load their pockets with a $1.566m prize share. The runner-ups of the event will receive a nice amount of $948k. The semi-finalist will take a $600k prize share from the total purse.
The 4th place golfer will take home $426k prize money. The 65th place will also earn a handsome amount of 18k.
Also Read: Malaysia Masters Prize Money
| Rank | Payout |
| 1 | $1,566,000 |
| 2 | $948,300 |
| 3 | $600,300 |
| 4 | $426,300 |
| 5 | $356,700 |
| 6 | $315,375 |
| 7 | $293,625 |
| 8 | $271,875 |
| 9 | $254,475 |
| 10 | $237,075 |
| 11 | $219,675 |
| 12 | $202,275 |
| 13 | $184,875 |
| 14 | $167,475 |
| 15 | $158,775 |
| 16 | $150,075 |
| 17 | $141,375 |
| 18 | $132,675 |
| 19 | $123,975 |
| 20 | $115,275 |
| 21 | $106,575 |
| 22 | $97,875 |
| 23 | $90,915 |
| 24 | $83,955 |
| 25 | $76,995 |
| 26 | $70,035 |
| 27 | $67,425 |
| 28 | $64,815 |
| 29 | $62,205 |
| 30 | $59,595 |
| 31 | $56,985 |
| 32 | $54,375 |
| 33 | $51,765 |
| 34 | $49,590 |
| 35 | $47,415 |
| 36 | $45,240 |
| 37 | $43,065 |
| 38 | $41,325 |
| 39 | $39,585 |
| 40 | $37,845 |
| 41 | $36,105 |
| 42 | $34,365 |
| 43 | $32,625 |
| 44 | $30,885 |
| 45 | $29,145 |
| 46 | $27,405 |
| 47 | $25,665 |
| 48 | $24,273 |
| 49 | $23,055 |
| 50 | $22,359 |
| 51 | $21,837 |
| 52 | $21,315 |
| 53 | $20,967 |
| 54 | $20,619 |
| 55 | $20,445 |
| 56 | $20,271 |
| 57 | $20,097 |
| 58 | $19,923 |
| 59 | $19,749 |
| 60 | $19,575 |
| 61 | $19,401 |
| 62 | $19,227 |
| 63 | $19,053 |
| 64 | $18,879 |
| 65 | $18,705 |
