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ICC announces massive surge in prize money for Women's T20 World Cup 2024 winners

The International Cricket Council (ICC) has announced a record rise in prize money for the winners of the Women's T20 World Cup 2024. The victorious team will walk away with a prize money of $2.34 million as it sees a surge of a staggering 134% from the $1 million that Australia won in 2023.

The runners-up also sees a similar rise and will receive $1.17 million, while the semi-finalists will secure $675,000 each, three times more than the 2023 edition. The teams exiting the group stage will also earn $112,500, the base prize awarded to all 10 participants, aggregating $1.125 million.

The sides finishing fifth to eighth will receive $270,000 each and teams standing ninth and 10th in the points table will walk away with $135,000 each. This is not only a signifcant step from the ICC to ensure parity between men's and women's games, but also to make sure that the ICC Women's T20 World Cup is amongst the most anticipated events in the cricketing calendar.

ICC Women's T20 World Cup 2024 to get underway on October 3

Australia women's team has won the T20 World Cup six times. (Credits: T20 World Cup Twitter)
Australia women's team has won the T20 World Cup six times. (Credits: T20 World Cup Twitter)

Meanwhile, the marquee 10-team tournament will begin on October 3, with Bangladesh facing Scotland at the historic Sharjah Cricket Stadium. Bangladesh were initially the hosts of the competition, but the apex body of the sport shifted it to the UAE due to the political turmoil in the country. Dubai and Sharjah are the venues in the UAE as the tournament will take place from October 3 to 20.

The schedule also sees a minor change for the double header on Saturday, October 5, as Australia will lock horns with Sri Lanka in the afternoon, followed by Bangladesh vs England in the evening. Australia are the defending champions, having beaten South Africa by 19 runs in the final. It was Australia's third consecutive T20 World Cup trophy and sixth overall.

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