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The 2023 World Cup is approaching its crucial phase, with teams competing to secure one of the coveted top four positions and earn a spot in the tournament’s semi-finals. While every team aims to win the prestigious trophy, many also have their sights set on the substantial prize money offered at this major event.
In terms of specifics, the champions of the 2023 Men’s Cricket World Cup will receive a $4 million prize from the total prize pool of $10 million. Teams have the opportunity to earn $40,000 for each victory in the Group Stage matches. If a team doesn’t progress to the knockout stage, they will receive $100,000 at the end of the Group Stage.
Read more : Pakistan Advances In World Cup2023 Rankings By Defeating New Zealand
The runners-up will be awarded a $2 million prize, and teams that reach the semi-finals but do not advance further will each receive $800,000, all from the overall prize fund of $10 million.
The prize money is distributed as follows:
| tage | Rate US$ | 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 | 100,000 | 600,000 |
| Winner of each group stage match (45) | 40,000 | 1,800,000 |
| Total | 10,000,000 |
During the Annual Conference held in Durban, South Africa, in July 2023, the International Cricket Council (ICC) declared equal prize money for both men’s and women’s cricket.
India, hosting the entire tournament for the first time, is seeking their first World Cup victory since 2011. They have already qualified for the semi-finals, having won all eight matches played so far, and are at the top of the points table.
South Africa is currently in the second position, alongside India, and has also secured a spot in the semi-finals. Australia holds the third position and is on the verge of qualifying for the semi-finals.
Meanwhile, New Zealand, Pakistan, Sri Lanka, Afghanistan, and the Netherlands are still in the running, fiercely competing for the coveted fourth place and aiming to secure a spot in the semi-finals. It is highly likely that either Pakistan or New Zealand will clinch that fourth spot.
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