ICC T20 World Cup: Winners Of Men's T20 World Cup To Get USD 1.6 Million Prize Money

At the end of the 16-team tournament that runs for nearly a month, the losing semi-finalists will each get $400,000 from the $5.6 million total prize pool.
At the end of the 16-team tournament that runs for nearly a month the losing semi-finalists will each get 400000 from the 56 million total prize pool

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PDF) The structural deficit of the Olympics and the World Cup: Comparing costs against revenues over time