The prize money for the ICC Men's Cricket World Cup 2023 has been officially announced.

The total prize pool for the tournament is set at $4 million.

The winning team will receive a cash prize of $2.24 million.

The runner-up team will be awarded $1.12 million.

The semi-finalists will each receive $560,000.

Teams that make it to the quarter-finals will get $280,000 each.