Nedbank Golf Challenge

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The Nedbank Golf Challenge is an annual golf tournament played over the Gary Player Country Club Course in Sun City, South Africa. It was inaugurated in 1981 and has had several previous names. Like most high profile unofficial tournaments in professional golf it takes place between the conclusion of the PGA Tour and European Tour official schedules in early November, and Christmas. It does not count for world ranking points, but nonetheless it attracts many of the world's highest ranked players.

The tournament is a twelve man invitational stroke play event. It was known as "The Million Dollar Challenge" in the early years. When it was first played in 1981 the purse was US$ 1 million, with a winner's share of $300,000. In 1987 the event was played on a "winner takes all" basis, with the winner claiming the whole of the million dollar purse. This was designed to overcome any qualms the world's top golfers might have about competing in South Africa during the apartheid era, and it was successful in doing this in many cases. In 1988 the winner's prize was again $1million, but additional prizes were introduced.

From 2000 to 2002 the first prize was US$2 million, which as of 2006 remains the largest prize in the history of golf, but the following year the winner's share of the total prize find was reduced from more than half to around 30%. The standard winner's share on the PGA Tour is 18% and on the European Tour it is 16.67%. In 2006 the winner received $1.2 million out of a total purse of $4.385 million, so the prize distribution is now not far from the normal pattern for a professional tournament, once allowance is made for the small field.