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What Is The Prize Money For The Winners And Runners-Up Of The 2023 World Cup?

The 2023 World Cup will conclude on Sunday, November 19, with the final showdown between India and Australia at Ahmedabad’s Narendra Modi Stadium, following a month of thrilling cricket.

The tournament featured ten teams, each playing nine matches in the league phase. India and Australia demonstrated consistent performances, securing their places in the final to compete for the trophy.

The International Cricket Council (ICC) has declared a total prize fund of USD 10 million (approximately INR 83 Crore) for the 2023 World Cup. The winning team is set to claim the largest portion, with USD 4 million (about INR 33 Crore), while the runner-up will receive USD 2 million (approximately INR 16 Crore).

New Zealand and South Africa, the teams that faced defeat in the semi-finals, are entitled to receive USD 0.8 million each (approximately INR 6 Crore).

Reviewing how India and Australia performed in the 2023 World Cup

India dominated the league phase, securing victories against all nine teams in the 2023 World Cup. Breaking their semi-final jinx, they defeated New Zealand by 70 runs in Mumbai, advancing to the final for the fourth time.

Previously, India won the trophy in 1983 and 2011 led by Kapil Dev and MS Dhoni, while finishing as runners-up in 2003 against Australia.

According to a World Cup poll by Hindustan Times, there is a 70% likelihood that India will emerge victorious against Australia to clinch the ICC World Cup 2023 title at the largest cricket stadium.

Australia faced challenges in the league phase of the 2023 World Cup but secured a spot in the final by narrowly defeating South Africa with a three-wicket win in the semi-final. This marks their eighth appearance in the final of the tournament.

India and Australia met in the ODI World Cup final in 2003, with Australia securing a dominant 125-run victory. Australia set a formidable total of 359/2 batting first, thanks to an outstanding performance from their top order.

In response, India was dismissed for 234 runs in 39.2 overs, resulting in a comprehensive victory for Australia.


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