Here's how much the winners of Wimbledon get in prize money

The 2024 Wimbledon Championships kicked off Monday, with first-round competitors beginning their bids for a place in the draws' finals.

Last year's men's singles champion Carlos Alcaraz advanced to the second round on Monday. In 2023, the tournament winner took home £2.35 million, or $2.97 million, in prize money. If he's successful in his bid for the title again this year, he'll receive a substantial bump in pay.

The 2024 men's singles draw winner will get a £2.7 million, or just over $3.4 million, payout, reflecting a nearly 15% bump in pay from 2023, according to official prize money figures released by the grass court tournament.

The women's singles winner will receive the same £2.7 million payout, also up almost 15% from 2023. Since 2007, the men's and women's singles draw winners have received equal prize money.