The ICC has revealed the prize money for the ICC World Cup 2023. A total of USD 10 million will be given.
The winner of the tournament will earn USD 4 million. The losing finalist will pocket USD 2 million.
All the teams will play each other once, and the top four will qualify for the semi-finals.
The apex body will pay USD 40,000 for every victory in the group stage. Teams failing to reach the knockouts will get USD 100,000 each, respectively.
The breakdown of prize money allocations is as follows:
| Stage | Rate US$ | Total US$ |
| Winner (1) | 4,000,000 | 4,000,000 |
| Runner-up (1) | 2,000,000 | 2,000,000 |
| Losing Semi-Finalist (2) | 800,000 | 1,600,000 |
| Teams eliminated after group stage (6) | 100,000 | 600,000 |
| Winner of each group stage match (45) | 40,000 | 1,800,000 |
| Total | 10,000,000 |