
This year's prize pool has once again increased, with the winner of the men's and women's singles earning an astonishing $3,400,000.
The total prize pool has increased to a total of $44 million for 2016, with $30 million going towards the men's and women's singles.
2016 Australian Open singles prize money:
Winner: $3,400,000
Finalist: $1,700,000
Semi-finalist: $750,000
Quarter-final: $375,000
Round of 16: $193,000
Round of 32: $108,000
Round of 64: $67,000
Round of 128: 38,500