WTC Final 2023: The wait is finally over, and the blockbuster clash between India and Australia is all set to kick off in a couple of weeks. The final of the World Test Championship will take place at Kennington Oval in London between June 7 and 10. It will be the second edition of the World Test Championship after the first edition took place in 2021. India played New Zealand in the final of the first edition at Lord’s. On Friday, the International Cricket Council (ICC) revealed the cash prize, which will be distributed to every team that took part in the ongoing WTC cycle.
They also announced the prize money distributed to the winners and runners-up between India and Australia. Notably, the amount that will be given to every team is as equal as it was in the first edition. It was New Zealand that won the WTC 2021 by beating India by eight wickets. Thus, it will be the second chance for the Men in Blue to take home another ICC title. However, it won’t be easy as they will have to face Australia, which is well suited for the conditions in England.
WTC Final 2023: Winner and runners-up to get a big chunk of money after WTC Final
The WTC final will not only give the winner a big amount of money. But the winner between India and Australia will also receive the glorious ICC WTC mess. However, the ICC revealed that a total of $3.8 million (INR 31.4 crore) will be distributed among all teams. The winner will get an amount of $1.6 million (INR 6.61 crore approx) and the team which will lose will receive $800,000 (INR 3.72 crore approx).
Notably, New Zealand and India also got the same prize amount in the last edition as winner and runners-up. ICC said in a press release, “There is no change in the tournament prize money, which remains the same as that for the inaugural edition of the championship (2019-21) with a total purse of $3.8 million (Rs 13.22 crore approx.). Kane Williamson’s New Zealand were rewarded with $1.6 million (Rs 6.61 crore approx.) in Southampton in 2021 after they sealed an eight-wicket win over India in the rain-marred six-day WTC final.”
WTC Final 2023: Other participants to get cash prize (Table included)
Not just the two finalists, but other teams that took part in this competition will also get some amount of money. South Africa made it to third place and will get an amount of $450,000 (approx. INR 3.72 crore). On the other hand, England, which made an incredible comeback with Ben Stokes and Brendon McCullum as captain and head coach, finished fourth on the table.
| Rank | Team | Amount (USD / INR) |
| Winner | IND vs AUS | $1.6 million (approx INR 6.61 crore) |
| Runners-up | IND vs AUS | $800,000 (approx INR 3.72 crore) |
| 3rd | South Africa | $450,000 (approx INR 3.72 crore) |
| 4th | England | $350,000 (approx INR 2.9 crore) |
| 5th | Sri Lanka | $200,000 (approx INR 1.65 crore) |
| 6th | New Zealand | $100,000 each (approx INR 82.7 lakh) |
| 7th | Pakistan | $100,000 each (approx INR 82.7 lakh) |
| 8th | West Indies | $100,000 each (approx INR 82.7 lakh) |
| 9th | Bangladesh | $100,000 each (approx INR 82.7 lakh) |
The English team will receive an amount of $350,000 (approx. INR 2.9 crore). The Sri Lankan team finished fifth, unfortunately, after losing the two-match series against New Zealand recently. They were among the teams to qualify for the final. However, they will receive $200,000 (approx INR 1.65 crore). Apart from these teams, other teams like New Zealand (sixth), Pakistan (seventh), the West Indies (eighth), and Bangladesh (ninth) will get $100,000 each (approx INR 82.7 lakh).