section_path: Organization/Prize money
section_name: Prize money
paragraph_text: Prize money
  
  The 2022 season of the IPL offered total prize money of ₹ 46.5 crore (equivalent to ₹ 49 crore or US$5.8 million in 2023), with the winning team netting ₹ 20 crore (equivalent to ₹ 21 crore or US$2.5 million in 2023) and the second-placed team ₹ 13 crore (equivalent to ₹ 14 crore or US$1.6 million in 2023). League rules mandate that half of any prize money must be distributed amongst the franchise's players. Royal Challengers Bengaluru won their first IPL title in 2025, receiving ₹20 crore, while runners-up Punjab Kings earned ₹12 crore.
  
  The 2022 season of the IPL offered total prize money of ₹ 46.5 crore (equivalent to ₹ 49 crore or US$5.8 million in 2023), with the winning team netting ₹ 20 crore (equivalent to ₹ 21 crore or US$2.5 million in 2023) and the second-placed team ₹ 13 crore (equivalent to ₹ 14 crore or US$1.6 million in 2023). League rules mandate that half of any prize money must be distributed amongst the franchise's players. Royal Challengers Bengaluru won their first IPL title in 2025, receiving ₹20 crore, while runners-up Punjab Kings earned ₹12 crore.