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The Masters is one of four major championships in men's golf and the first to take place each year. Unlike the other major championships, the Masters is held every year at the same location, Augusta National Golf Club, a private golf club in Augusta, Georgia, USA. The Masters was started by Clifford Roberts and Bobby Jones, who designed Augusta National with
legendary course architect Alister MacKenzie.
In line with the other majors, winning the Masters gives a golfer several privileges which make his career more secure. Masters champions are automatically invited to play in the other three majors (the US Open, British Open and the PGA Championship) for the next five years, and earn a lifetime invitation to the Masters. They also receive membership on the PGA Tour for the following five seasons and invitations to The Players Championship for five years. In 2006 the prize fund was US$7 millioN
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