The International Cricket Council (ICC) has announced the prize money for the men’s T20 World Cup 2022 that begins in Australia on October 16.
A total prize pot of $5.6 million has been set aside for the tournament, with the winners taking home a cheque of $1.6m.
The runners-up are assured of $800,000 while the losing semi-finalists will receive $400,000 each at the end of the 45-match tournament that will be played across seven venues in Australia.
Following the same structure as the 2021 World Cup in the UAE, the eight teams that exit at the Super 12 stage will receive $70,000 each, with a victory in each of the 30 games in that phase worth $40,000.
Afghanistan, Australia, Bangladesh, England, India, New Zealand, Pakistan and South Africa are have already booked their spot in the Super 12 stage.
A similar structure is in place for the first-round victories - with $40,000 available to winners of each match. The four teams that get knocked out in the first round will get $40,000 each.
The UAE are among the teams participating in the first round for a chance to qualify for the Super 12 stage. They will be vying for qualification with Namibia, the Netherlands, Sri Lanka, Ireland, Scotland, the West Indies and Zimbabwe.
The national team face Namibia, Sri Lanka and the Netherlands in their first-round group. The top two sides from that group will get the chance to play in the main event.
The Super 12 stage begins on October 22.
T20 World Cup 2022 prize money
Winners: $1.6 million
Losing semi-finalists: $400,000
Super 12 wins: $40,000
Super 12 exit: $70,000
First round wins: $ 40,000
First Round exit: $40,000