Prize money for the Cazoo Masters has been boosted to £275,000 ahead of this year's event, which takes place in Milton Keynes later this month.
The world's top 24 players will compete from January 27-29 at the Marshall Arena, where Joe Cullen will be defending the title.
The first of a series of prize fund increases for 2023 has been confirmed by the PDC, with prize money being boosted from £220,000 to a total of £275,000.
The 2023 champion will scoop £65,000 for their Masters success, with £30,000 on offer for the eventual runner-up.
Last year saw prize funds for the Cazoo Premier League, Betfred World Matchplay, BoyleSports World Grand Prix and Cazoo Grand Slam of Darts increased, alongside boosted Players Championship prize money as part of a £2 million investment in the circuit over a two-year period.
2023 Cazoo Masters
Winner - £65,000
Runner-Up - £30,000
Semi-Finalists - £20,000
Quarter-Finalists - £12,000
Second Round - £7,500
First Round - £4,000
Total - £275,000