The upcoming ICC Champions Trophy in England and Wales from 1-18 June carries a total prize money of $4.5 million with the winner of the eight-team tournament taking home a cheque of $2.2 million, the International Cricket Council announced on Sunday (14 May) in Dubai.

The eighth edition of the tournament sees an increase of $500,000 in prize money from the 2013 edition, which too was played at the three venues being used this time - Cardiff Wales Stadium, Edgbaston and The Oval.

The runner-up of the tournament will get a cheque of $1.1 million, while the other two semifinalists will earn $450,000 each. Teams finishing third in each group will take home $90,000 each, while the teams finishing last in each group will get $60,000 each.

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