The World Cup Champions Will Win an Insane Amount of Money

It's a multimillion dollar prize.
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The victors of the 2018 World Cup stand to win more money than you can imagine. 

At the end of the month-long soccer tournament, an insane sum of $38 million will be awarded to the champions. That's $3 million more than Germany received when the team won the title in 2014. 

Additionally, FIFA announced that each of the 32 competing national federations will take home at least $8 million. 

All of that cash comes from FIFA's $400 million prize fund, which increased by 12 percent from $358 million since the last World Cup.

Bastian Schweinsteiger of Germany lifts the World Cup trophy with teammates after defeating Argentina 1-0 in extra time during the 2014 FIFA World Cup.

Bastian Schweinsteiger of Germany lifts the World Cup trophy with teammates after defeating Argentina 1-0 in extra time during the 2014 FIFA World Cup.

Sports Illustrated has further details on how each purse will be paid out: 

Following a meeting of the FIFA Council, the governing body said the third- and fourth-place teams will each get a $2 million increase to $24 million and $22 million, respectively.

The quarterfinalists will each get $16 million, also a $2 million increase, and teams eliminated in the last 16 get a $3 million increase to $12 million.

Teams will also get $1.5 million from FIFA toward the costs of preparing for the tournament. That amount was the same in 2014.

Four semi-finalists remain: Belgium, France, Croatia and England. With millions of dollars and an international title at stake, fans can count on witnessing some truly outstanding soccer matches over the next few days.