The International Cricket Council (ICC) has announced the prize money for the winner and runners-up for the upcoming T20 World Cup 2021 which begins on October 17 in the UAE and Oman.

The winners of the 2021 ICC Men's T20 World Cup 2021 will be awarded prize money of $1.6 million while the runners-up will take home $800,000.  

The two losing semi-finalists will be rewarded prize money of $400,000 each. Overall, a sum of $5.6 million will be allocated for the tournament which will be shared by all 16 participating teams.

As was the case during the 2016 edition of the tournament, the ICC will continue to award a bonus amount for every win during the Super 12 stage of the tournament. The conquerors during all the 30 matches during the Super 12 stage will take home an amount of $40,000 — amounting to a total pot of $1,200,000. 

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The teams which get knocked out in the Super 12 stage will be awarded $70,000 each, amounting to a total sum of $560,000. 

During their Round 1, winners will be rewarded $40,000 during the 12 matches during the stage, totaling $480,000. The four teams which get knocked out during round one will get $40,000 each from an overall prize pool of $160,000. 

Round one will see eight teams vying for a place in the main Super 12s round. These teams are Bangladesh, Ireland, Namibia, Netherlands, Oman, Papua New Guinea, Scotland, and Sri Lanka. The Super 12s round has the hosts India and Afghanistan, Australia, England, New Zealand, Pakistan, South Africa, and West Indies.

The ICC also announced a drinks break which will take place during each and every match. The duration of the break will of 2 minutes and 30 seconds and will take place during the halfway mark of each innings.

(ICC inputs)