India won the T20 World Cup 2024 with Virat Kohli announcing his retirement from the T20i. India posted a formidable total of 176, thanks to Virat Kohli's exceptional half-century, his first in the tournament. He steered the innings after the early dismissals of Rohit and Rishabh, showcasing his expertise in accelerating the run rate in this format. Shivam Dube and Axar Patel also chipped in with valuable contributions.
In response, South Africa faced early setbacks as Hendricks fell to a brilliant Bumrah delivery and Markram departed cheaply. However, Stubbs demonstrated impressive skill against the spinners, putting South Africa in a strong position after the powerplay. Although he was dismissed, de Kock and Klaasen formed a crucial partnership, with Klaasen unleashing a fierce attack, smashing a 23-ball fifty and taking Axar to the cleaners with a 24-run over. With 30 runs required off the last five overs, India's pacers conjured up a stunning comeback. Hardik dismissed Klaasen, followed by Bumrah's dismissal of Jansen, as South Africa wilted under pressure. Arshdeep bowled a phenomenal penultimate over, conceding just four runs, and Hardik Pandya sealed the game with a champion's flourish, securing India's victory by seven runs.
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Prize Money for Winner and Runner-Up
India will take home a lucrative prize of $2.45 million (Rs. 20.42 crore), a fitting reward for their excellence. Meanwhile, the South Africa will receive a respectable sum of $1.28 million (Rs. 10.67 crore), half of the champion's prize, acknowledging their impressive performance.
| Position | Prize (USD) | Prize (INR) | Team |
| Winner | $2.45 million | Rs. 20.42 crore | India |
| Runner-up | $1.28 million | Rs. 10.67 crore | South-Africa |
| Semi-finalists (each) | $787,500 | Rs. 6.56 crore | England and Afghanistan |
| Eliminated in 2nd round (each) | $382,500 | Rs. 3.18 crore | USA, West Indies, Australia, Bangladesh |
| 9th to 12th place (each) | $247,500 | Rs. 2.06 crore | Pakistan, Scotland, New Zealand, Sri Lanka |
| 13th to 20th place (each) | $225,000 | Rs. 1.87 crore | Netherlands, Nepal, Uganda, Papua New Guinea, Namibia, Oman, Ireland, Canada |
| Additional prize per match win (excluding semi-finals and finals) | $31,154 | Rs. 26 lakh | - |
| Total Prize Pool | $11.25 million | Rs. 93.80 crore | - |
England and Afghanistan, despite their valiant efforts in the semifinals, will each receive a consolation prize of $787,500 (Rs 6.56 crore). The International Cricket Council (ICC) has announced a record-breaking total prize pool of $11.25 million (Rs 93.80 crore) for this edition of the T20 World Cup, a testament to the tournament's growing prestige and allure.
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Comparison of Prize Money between various T20 World Cups
The T20 World Cup 2024 boasts the largest prize pool in the tournament's history. Take a look at the table below to see and compare the historic change in prize money:
| YEAR | WINNER | PRIZE MONEY | RUNNER-UP | PRIZE MONEY |
| 2007 | India | Rs 9.84 crore | Pakistan | Rs 4.92 crore |
| 2009 | Pakistan | Rs 6.56 crore | Sri Lanka | Rs 3.28 crore |
| 2010 | England | Rs 6.56 crore | Australia | Rs 3.28 crore |
| 2012 | West Indies | Rs 9.02 crore | Sri Lanka | Rs 4.51 crore |
| 2014 | Sri Lanka | Rs 9.02 crore | India | Rs 4.51 crore |
| 2016 | West Indies | Rs 13.12 crore | England | Rs 6.56 crore |
| 2021 | Australia | Rs 13.12 crore | New Zealand | Rs 6.56 crore |
| 2022 | England | Rs 13.12 crore | Pakistan | Rs 6.56 crore |
| 2024 | TBA | Rs. 20.42 crore | TBA | Rs. 10.67 crore |
To put the figures into Indian perspective, we've converted the prize money to rupees using an approximate exchange rate of $1 = Rs 82.
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