The winners of the ICC Cricket World Cup 2019 will earn a cash award of $4 million, the highest prize money on offer in the history of the tournament.
The winners of the 10-team tournament will also get a trophy that they will lift at the iconic Lord’s Cricket Ground on July 16, a statement from the ICC read.
The total prize pot, which is $10 million, will see the runners-up assured of $2 million and the losing semi-finalists $800,000 each at the end of the 46-day tournament being played across 11 venues.
The 2019 edition though only sees a 6.25% increase in prize money from the 2015 World Cup that had prize money of $3.75 million. But the rewards for the upcoming World Cup will be twice than what was on offer in 2003.
Prize Money: Winners (1) USD 4,000,000; Runners-Up (1) USD 2,000,00; Losing Semi-Finalists (2) USD 800,000 each; Winners of each league stage match (45): USD 40,000 each; Teams that do not pass the league stage (6) USD 100,000 each.
Format of the tournament
The 2019 World Cup will run from May 30 to July 14. The semi-finals will be played at Old Trafford in Manchester and Edgbaston in Birmingham on July 9 and 11 respectively, while Lord’s will host the final on July 14.
The 10 teams in the tournament will play against each other in a single-league format, with the top four sides after 45 matches to qualify for the two semi-finals. There are prizes for each league match won, in what promises to be a competitive tournament with the world’s best playing against each other in a round-robin format.
- England and Wales have previously hosted the World Cup in 1975, 1979, 1983 and 1999.
- Australia is the most successful side, having won the tournament in 1987, 1999, 2003, 2007 and 2015.
- The West Indies won the first two editions in 1975 and 1979, while India won in 1983 and 2011. Other winners are Pakistan in 1992 and Sri Lanka in 1996.