ICC World Cup 2019: Prize money on offer and the format of the tournament

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.

Other Facts

  • 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.

TAGS:

CATEGORY: ODI World Cup

For latest cricket news and updates, subscribe to our Weekly Newsletter.

About the Author:
Anirudh is the Head of Content at CricketTimes.com. He is a seasoned journalist and content writer with 12 years of experience in the field of cricket. With over 9,000 published articles under his belt, Anirudh brings a creative and strategic approach to his work, always striving to deliver content that resonates with audiences. A die-hard sports fan who loves playing, watching and talking about cricket. Cricket is his Religion & 'Sachin Tendulkar' his GOD. His motto of life is Eat, Sleep, Cricket, REPEAT!! You can write to him at anirudh@crickettimes.com and follow him on Twitter, Facebook & Linkedin.