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PGA Championship winner instantly loses £1.4m after storming to title

Aaron Rai made historical past on the PGA Championship after capturing his maiden main however is ready to lose a hefty chunk of his prize cash.

Aaron Rai stormed to a shocking victory on the PGA Championship on Sunday (Picture: Getty) This text accommodates affiliate hyperlinks, we are going to obtain a fee on any gross sales we generate from it. Study extra

Aaron Rai is ready to lose over half of his £2.7million ($3.69m) prize cash after profitable the PGA Championship on account of tax laws. The 31-year-old turned the primary Englishman to seize the key in 107 years after defeating Jon Rahm and Alex Smalley in an exciting remaining session on Sunday.

Alongside hoisting the Wanamaker Trophy, the Wolverhampton-born golfer additionally earned a mammoth examine for his efforts however he will not be taking the complete quantity residence. As a consequence of US tax guidelines, Rai should hand over at the least £1.4m ($1.8m) following deductions of federal taxes, workforce bills, Pennsylvania state earnings tax, agent commissions and caddie charges.

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Whereas he was born and raised within the UK, Rai now resides in Florida together with his spouse, fellow golfer Gaurika Bishnoi, and below the US-UK tax treaty, the US retains the appropriate to completely tax earnings earned by UK athletes from performances on US soil. Rai’s birdie on the par-3 seventeenth in the end clinched his victory and his place in historical past.

Regardless of battling a neck damage earlier this yr, Rai admitted he is loved latest consistency that is led him to the best achievement of his profession. Following his triumph, he stated: “It has been a little bit of a irritating season ​so to be standing right here is certainly exterior of my wildest creativeness.

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“I feel it’s actually good consistency over the previous few weeks with apply. My physique feels nice and I’ve actually loved the course this week. It’s phenomenal to be stood right here.”

The 31-year-old turned the primary Englishman in 107 years to win the key (Picture: Getty)

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The golfer additionally spoke of his pleasure in changing into simply the second English champion of the historic main. He added: “There’s a variety of unimaginable and historic English gamers over these hundred years who’ve gone on to realize unimaginable issues and had phenomenal careers.

“However to win this occasion after which to be the individual that’s the primary one to have received it in a very long time from England is an incredible factor and one thing to be extraordinarily pleased with.” Rai fought tears when embracing his spouse who supported him each step of the best way at Aronimink Golf Membership as she paid tribute to his immense work ethic.

Bishnoi stated: “He’s one of many hardest working guys on the market and the best way he conducts himself doesn’t change. Whether or not he wins or he misses the reduce, he’s nonetheless going to exit and do precisely the identical factor. For him, the sport is greater than any trophy. We at all times consider that he has the sport and greater than that, that he has the work ethic of a champion.”

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