This year's men and women's singles champions at Wimbledon will each receive £2m in prize money.
The tournament has boosted overall prize money by five per cent this year. But the prize for the singles champions has been raised by 6.4 per cent - an increase of £120,000 pounds. Last year Novak Djokovic and Serena Williams each collected £1.88m.
First-round losers, meanwhile, will receive £30,000.
Over the past five years, total prize money at Wimbledon has nearly doubled, going up by 92 per cent. The highest increase was in 2013, when the prize fund went up by 40 per cent.
Wimbledon also announced increased funding to combat match-fixing and doping, though no specific figures were given.
Chief executive Richard Lewis said extra funds would be allocated for analysis of betting patterns to detect any suspicious activity.
The 130th tournament will be played at the All England Club from June 27 to July 10.
The US Open continues to be the Grand Slam event with the biggest prize fund. Last year it paid out £29m in prize money, with £2.25m going to the singles champions.