There are also special awards for individual players, like the Orange Cap and Purple Cap, each with a prize of ₹10 lakh ($12,000). Other awards for things like the best young player or most sixes also have prizes.
Punjab Kings then won their next game against Mumbai Indians, so now they will play against RCB again in the final match, which will happen in Ahmedabad on Tuesday, June 3. Back in 2008, the winners only got about ₹4.8 crore.
Now, after 17 years, the league has become bigger, richer, and more exciting. This year, the prize money is much bigger than when the league started in 2008. The team that wins the IPL will get ₹20 crore (which is about $2.4 million).
| Stage | Prize Money (INR) | Prize money (USD) |
| Winner | 20 crore | 2.4m |
| Runner-up | 13 crore | 1.5m |
| Qualifier | 7 crore | 843k |
| Eliminator | 6.5 crore | 783k |
The team that comes in second will get ₹13 crore (around $1.5 million). Even the teams that lose in the playoffs will get some money. While everyone loves winning a trophy, players also care about other achievements.
The Orange Cap goes to the player who scores the most runs, and the Purple Cap is for the player who takes the most wickets. These awards bring recognition and some extra money. Just one more game is left in the IPL 2025 season.
The Royal Challengers Bengaluru (RCB) team made it to the final first after beating Punjab Kings in the first playoff game.
| Category | Prize Money (INR) | Prize money (USD) |
| Orange Cap | 10 lakhs | 12,000 |
| Purple Cap | 10 lakhs | 12,000 |
| Emerging Player | 20 lakhs | 24,000 |
| Most Valuable Player | 10 lakhs | 12,000 |
| Super Striker | 10 lakhs | 12,000 |
| Power Player | 10 lakhs | 12,000 |
| Maximum Sixes | 10 lakhs | 12,000 |
| Game Changer | 10 lakhs | 12,000 |
