Chess World Cup 2022 Prize Money: How Much will Winners Earn?

The 9th edition of the Chess World Cup will be taking place in Sochi, Russia, from 12 July to 6 August 2022. A total of 206 players will participate in the world. For the first time, the female world cup will be held in which 103 players will participate. The International Chess Federation (FIDE) has increased the Chess World Cup 2022 prize money to $1,892,500, while the winners will make $110,000.

Chess World Cup 2022 Schedule

DateStarting timeRoundGame
July 125 a.m. PT/14:00 CESTRound 1Game 1
July 135 a.m. PT/14:00 CESTRound 1Game 2
July 145 a.m. PT/14:00 CESTRound 1Tiebreaks
July 155 a.m. PT/14:00 CESTRound 2Game 1
July 165 a.m. PT/14:00 CESTRound 2Game 2
July 175 a.m. PT/14:00 CESTRound 2Tiebreaks
July 185 a.m. PT/14:00 CESTRound 3Game 1
July 195 a.m. PT/14:00 CESTRound 3Game 2
July 205 a.m. PT/14:00 CESTRound 3Tiebreaks
July 21Rest day
July 225 a.m. PT/14:00 CESTRound 4Game 1
July 235 a.m. PT/14:00 CESTRound 4Game 2
July 245 a.m. PT/14:00 CESTRound 4Tiebreaks
July 255 a.m. PT/14:00 CESTRound 5Game 1
July 265 a.m. PT/14:00 CESTRound 5Game 2
July 275 a.m. PT/14:00 CESTRound 5Tiebreaks
July 285 a.m. PT/14:00 CESTRound 6Game 1
July 295 a.m. PT/14:00 CESTRound 6Game 2
July 305 a.m. PT/14:00 CESTRound 6Tiebreaks
July 31Rest day
August 15 a.m. PT/14:00 CESTRound 7Game 1
August 25 a.m. PT/14:00 CESTRound 7Game 2
August 35 a.m. PT/14:00 CESTRound 7Tiebreaks
August 45 a.m. PT/14:00 CESTFinal and ConsolationGame 1
August 56 a.m. PT/14:00 CESTFinal and ConsolationGame 2
August 67 a.m. PT/14:00 CESTFinal and ConsolationTiebreaks

Chess World Cup 2022 Prize Money

The total prize money for the Chess World Cup 2022 is $1,892,500. It will be distributed round-wise, and the eliminated players will get the prize after a 20% deduction as per the FIDE rule. 

RoundNumber of playersPrize
Round 178$3,750
Round 264$6,000
Round 332$10,000
Round 416$16,000
Round 58$25,000
Round 64$35,000
4th place1$50,000
3rd place1$60,000
2nd place1$80,000
1st place1$110,000

The World Cup 2022 is an 8 round knockout tournament. Players are divided into groups, and each player will play 2 matches with each other. In round 1, 156 players will participate, and 64 players will move to the next round, and it goes on till 2 players are left in the 8th round. 

Chess World Cup 2022: Number of Matches Round-Wise

  • First Round: 78 matches
  • Second Round: 64 matches
  • Thrid Round: 32 matches
  • Fourth Round: 16 matches
  • Fifth Round: 8 matches
  • Sixth Round: 4 matches
  • Seventh Round: 2 matches
  • Eight Round: 1 match.

There is also an increase of $289,000 in Chess World Cup prize money for the 2022 edition. The winners of Chess World Cup 2022 will get $110,000, and the runner-up will pocket around $80,000.

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