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Massive US Open prize boost

New York - This year's US Open men's and women's singles champions will each earn a record $3.3 million, up 10 percent from 2014.

The U.S. Tennis Association announced on Tuesday the total tournament purse will be $42.3 million, a 10.5 percent increase from a year ago. The payout for each round in singles is rising by at least 10 percent.

The main draw prize money has gone up by two-thirds in the last three years.

The runners-up will receive $1.6 million while a player who loses in the first round will make $39 500. The winning doubles teams get $570 000.

The year's last Grand Slam tournament starts August 31 at Flushing Meadows.

The singles champions won about $2.5 million at this year's Australian Open, $2 million at the French Open and $2.9 million at Wimbledon.

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