The International Cricket Council on Friday (September 30) revealed the prize money for the Twenty20 World Cup 2022. A total of 5.6 million US dollars in prize money has been allotted for the mega event by the ICC, where the winner will pocket 1.6 million US dollars. Let’s take a look at how the prize money will be distributed in the 2022 ICC Twenty20 World Cup in Australia.

ICC Twenty20 World Cup 2022: Prize money

The allocation of the prize money for the eighth edition of the Twenty20 World Cup has not changed. The same amount of money was provided by the ICC for the 2021 T20 World Cup in the UAE. Five and a half million US dollars will be spent over the course of the month-long competition, with the winning team receiving more than 30% of the total. In addition, the runner-up team would get 800,000 USD.

Read: BCB unveils Bangladesh’s T20 World Cup 2022 jersey

The semifinalists will also earn a good amount of money. Both the semifinal losing teams will get 400 thousand US dollars each.

There will be a total of 30 matches in the Super 12 round and a handsome sum of money has been allotted for the winning team of these fixtures. The winners of the Super 12 phase games will receive 40,000 dollars. A total of 1,200,000 US dollars will be given to the winning teams of the Super 12s. The eight teams who will be knocked out in this round will receive 70,000 US dollars each.

Before the Super 12 phase begins on October 22, there will be a first round from October 16 to October 21. A good amount of money has also been allocated for this round. There will be 12 matches in this phase, and the winner of each game will get 40,000 dollars. The winners of this round will receive a total of 4,80,000 USD. Besides, the four eliminated teams from the first round will receive 40,000 dollars each, which is 160,000 USD in total.

The prize money for the Twenty20 World Cup 2022 in Australia will total 5.6 million USD, with 45 matches taking place over the course of one month. 

Read: Women’s Asia Cup: Bangladesh aim to hold on to trophy at home

ICC Twenty20 World Cup 2022: Participating Teams and Groups

A total of 16 teams will take part in the 2022 ICC T20 World Cup, and there will be two rounds before the semifinals. The participating teams are: Afghanistan, Australia, Bangladesh, England, India, Namibia, New Zealand, Pakistan, Scotland, South Africa, Sri Lanka, West Indies, Ireland, United Arab Emirates, Netherlands, and Zimbabwe.

Eight teams will be divided into two groups in the first round. The top two teams from each group in this round will advance to the Super 12s. There are two groups in the Super 12 phase: Group 1 and Group 2. Each group will have six teams. The top two teams in the point standings of each group will earn a place in the semifinals.

The first round's groups

Two of the top teams in the world of cricket, Sri Lanka and the West Indies, will have to play in the first round to earn a place in the Super Round phase. Both teams will be favourites in their respective groups to advance to the next round. Here are the two groups for this round.

Group A: Namibia, Netherlands, Sri Lanka and United Arab Emirates

Group B: Ireland, Scotland, West Indies and Zimbabwe

Read: Tigers to leave for New Zealand on Friday

Groups of the Super 12s

The Super 12 round will take place from October 22 to November 6. There will be some exciting matches that fans may watch during this phase. Arch-rivals Australia and England will play in Group 1, while India and Pakistan will play in Group 2. Here are the two Super 12 round groupings.

Group 1: Afghanistan, Australia, England, New Zealand, AI, B2

Group 2: Bangladesh, India, Pakistan, South Africa, B1, A2

Bottom Line

The ICC has set aside a substantial sum of prize money for the T20 World Cup 2022. None of the teams will go home empty-handed. There will be prizes for every participating team. However, the two finalist teams will get the majority of the prize money. The champion team will take home over 1.5 million dollars in addition to the eye-catching trophy. Australia will host the eighth edition of the Twenty20 World Cup from October 16 to November 13.

Read: The 3 challenges Bangladesh may face in New Zealand Tri-Series 2022