• P is the total purse ($) • PP is the total percentage of purse won (%) To calculate Golf Payout, multiply the total purse by the percentage of the purse won over 100. ## How to Calculate Golf Payout? The following steps outline how to calculate the Golf Payout. 1. First, determine the total purse ($).
2. Next, determine the total percentage of purse won (%).
3. Next, gather the formula from above = GP = P * PP/100.
4. Finally, calculate the Golf Payout.
5. After inserting the variables and calculating the result, check your answer with the calculator above.

Example Problem :

Use the following variables as an example problem to test your knowledge.

total purse (\$) = 1,000,000

total percentage of purse won (%) = 10