Aaron Rai loses $1.7 million from PGA Championship | Golf News

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Aaron Rai loses $1.7 million from PGA Championship | Golf News


English golfer Aaron Rai claimed his first major title on Sunday with a outstanding ultimate spherical at the PGA Championship, but the most important financial windfall of his profession was swiftly adopted by a hefty tax obligation.

The 108th PGA Championship boasted a report $20.5 million prize purse at Aronimink Golf Club in Pennsylvania, representing an increase of $1.5 million from the prior 12 months. The first-place prize of $3,690,000 marked a profession high for Rai.

Rai’s profession earnings surpass $13 million, though prior to Sunday, roughly $1 million of that whole had come from major championships. Rai secured the most important prize in PGA Championship historical past, though it got here with a vital value, experiences The Mirror US.

Despite hailing from the West Midlands in England, Rai is based in Jacksonville, Florida. As a resident there, he’s anticipated to owe roughly $1.7 million in taxes, though that determine may very well be subject to change. The top US federal tax charge for people stands at 37 %, which means roughly $1.3 million to $1.4 million can be withheld for the IRS. Standard business deductions and agent charges will also be taken into account.

As the match was held at Aronimink Golf Club, Rai will also be subject to Pennsylvania’s flat state income tax charge of 3.07 %. This would quantity to roughly $113,000 on top of the federal tax charge.

Professional golfers sometimes pay their caddies between 10 and 15 % of their championship winnings. As a outcome, Rai’s caddie can count on to pocket around $369,000.

Rai also faces journey and teaching bills, though these will be claimed as deductions against his PGA Championship taxable income — though that was the least of his considerations while placing for par on the 18th inexperienced.

The English golfer was met by his spouse, Gaurika Bishnoi, and the pair walked hand-in-hand toward the clubhouse to await the ultimate end result. Rai needed to keep his composure, as Jon Rahm and Alex Smalley still had a slim probability of catching him, though it remained extremely unlikely.

Bishnoi has caddied for Rai beforehand and is an achieved skilled golfer in her own proper. She presently competes on the Ladies European Tour and has held skilled standing since 2016.

She has claimed eight victories on India’s Hero Women’s Pro Golf Tour and has ranked among its main gamers since turning professional. Rai secured his breakthrough PGA Tour win in 2024 and has now added a major championship to his résumé.

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