More Sports Golf Golf Prize money for women's British Open raised by 40 percent The British Open next week has a $10.75 million purse. AP St. Andrews, Scotland 09 July, 2019 00:08 IST The U.S. Women's Open champion, Jeongeun Lee, received $1 million from a $5.5 million purse last month. - Getty Images AP St. Andrews, Scotland 09 July, 2019 00:08 IST The Royal & Ancient is raising the total prize money to $4.5 million for the Women's British Open. R&A chief executive Martin Slumbers says the prize fund went up from $3.25 million a year ago and is an important first step toward achieving parity with the men's game, but that it will take time.The British Open next week has a $10.75 million purse. READ: Atwal finishes 23rd, Aditi Ashok continues good run of formThe increase in prize money for the Women's British Open comes in the first year of AIG's five-year deal as the title sponsor. The winner of the Women's British Open, to be played between August 1-4 at Woburn in England, will receive $675,000. That makes it the second-highest payout among the women's five majors.The U.S. Women's Open champion, Jeongeun Lee, received $1 million from a $5.5 million purse last month. Read more stories on Golf. For more updates, follow Sportstar on :