2016 Masters Player Prize Money
| Round | Player | Country | Prize |
| Winner | Michael van Gerwen | NED | £60,000 |
| Final | Dave Chisnall | ENG | £25,000 |
| Semi Final | James Wade | ENG | £17,500 |
| Semi Final | Phil Taylor | ENG | £17,500 |
| Quarter Final | Peter Wright | SCO | £10,000 |
| Quarter Final | Kim Huybrechts | BEL | £10,000 |
| Quarter Final | Michael Smith | ENG | £10,000 |
| Quarter Final | Vincent van der Voort | NED | £10,000 |
| Last 16 | Ian White | ENG | £5,000 |
| Last 16 | Adrian Lewis | ENG | £5,000 |
| Last 16 | Stephen Bunting | ENG | £5,000 |
| Last 16 | Gary Anderson | SCO | £5,000 |
| Last 16 | Jelle Klaasen | NED | £5,000 |
| Last 16 | Robert Thornton | SCO | £5,000 |
| Last 16 | Raymond van Barneveld | NED | £5,000 |
| Last 16 | Terry Jenkins | ENG | £5,000 |
History