The Masters 2023 is almost here, and we are excited to share everything you need to know to make the most of your visit to Augusta National Golf Club. The first Masters tournament was held in 1934 and was won by Horton Smith. That year, Horton took home just around $1,500. Today the first prize is worth over $2 million. Over the years, The Masters has become known for its rich history, challenging course, and iconic green jacket awarded to the winner.