ICC World Test Championship is the inaugural edition of the Test match cricket championship started in August 2019 and will finish on June 18th, 2021 with the final being played at the Rose Bowl, Southampton between India and New Zealand.
The winner of the WTC will take a whopping amount of $1.6 million dollars (11.7 Crore in INR) along with the ICC Test Championship mace. The loser of the match will get $800,000 dollars (5.85 Crore in INR). In case the final match ends in a draw, the finalists will share the sum of the winner and runner prize money along with the Test mace.
“The losing team will get $ 800,000 for finishing second in the nine-team competition, which was played over a near two-year cycle, adding context to Test cricket and to crown the first official world champions in the longest format of the game,” officially said in a statement released by ICC.
ICC further stated that “The prize money for the team finishing third in the ICC World Test Championship Standings Powered by MRF Tyres is $ 450,000. The team fourth on the table will be awarded $ 350,000, the one that finishes fifth gets $ 200,000 while the remaining four teams will get $ 100,000 each.”