The 2024 edition of World Blitz Chess Championship is confirmed and it will began from 25th December and final will be played on 31st January 2024. The event is hosted in United States this season. Magnus Carlsen the defending champion hopeful to retain his title once again.
How Much Is World Blitz Chess Championship 2024 Open Prize Money?
This year the prize money of World Blitz and Rapid Chess Championship and is maximum $1.5m. The winner prize money for men’s competition increased from $60k to $90k in 2024. Runner-up share increased from $50k to $70k. Third place and fourth place players will receive equal amount of $42k and $20k distributed from 5th position to 8th Place. The prize money adjusted for players rank from 1st position to 40th position in World Blitz Championship 2024.
| Standings | Men’s Prize Money |
|---|---|
| Champion | $90k |
| Runner-up | $70k |
| Third Place | $42k |
| Fourth Place | $42k |
| Fifth Place | $20k |
| Sixth Place | $20k |
| Seventh Place | $20k |
| Eighth Place | $20k |
| Ninth Place | $11k |
| Tenth Place | $9k |
| 11 – 15th Place | $7k |
| 16– 20th Place | $5k |
| 21st– 30th Place | $3k |
| 31st – 40th Place | $1.6k |
How Much Women Prize Money In World Blitz Chess Championship 2024?
The women’s competition prize money in World Blitz Chess Championship is also increased, the winner share improved from $40k to $60k in year 2024. The runner-up who made $30k last year in the competition In 2024, her prize money increased to $40k. There will be $20k for 3rd place and 4th place players. The fund will distributed from 1st position to 20th position.
| Standings | Women’s Prize Money |
|---|---|
| Winner | $60k |
| Runner-up | $40k |
| 3rd Place | $20k |
| 4th Place | $20k |
| 5th Place | $10k |
| 6th Place | $10k |
| 7th Place | $10k |
| 8th Place | $10k |
| 9th Place | $5k |
| 10th Place | $2.5k |
| 11th – 15th Place | $1.5k |
| 16th – 20th Place | $1k |
There will be any changes to the current World Blitz Chess Championship 2024 Prize Money details will be updated here later. World Rapid Chess Championship dates were same as Blitz Chess Championship.