On Sunday, France defeated Croatia 4-2 in the 2018 FIFA World Cup final. As a result, the French national team will take home $38 million in prize money, while Croatia will be rewarded $28 million for their finish as the runner up. This year’s prize money marked a new record high, for the winning country, as well as all of the participating teams.
In 2017, the FIFA Council announced that the organization’s total contributions to the fund the 2018 World Cup would total just under $800 million — a 40% increase from the 2014 tournament. This increase in funding means that France won more prize money than any winner in World Cup history.
France and Croatia are not the only teams who will be taking home a significant amount of prize money. In addition to $1.5 million to cover “preparation costs” — all teams that advanced to the group stage receive a minimum of $8 million in prize money.
Here’s how the prize money breaks down:
17th-32nd place: $8 million
Ninth-16th place: $12 million
Fifth-Eighth place: $16 million
Fourth place: $22 million
Third place: $24 million
Second place: $28 million
First place: $38 million