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Section 3-2 of the Rules of Amateur Status says: 3-2. Prize Limits a. General An amateur golfer must not accept a prize (other than a symbolic prize) or prize voucher of retail value in excess of $750 or the equivalent, or such a lesser figure as may be decided by the Governing Body. This limit applies to the total prizes or prize vouchers received by an amateur golfer in any one competition or series of competitions. Exception: Hole-in-one prizes - see Rule 3-2b. Note 1: The prize limits apply to any form of golf competition, whether on a golf course, driving range or golf simulator, including nearest the hole and longest drive competitions. Note 2: The responsibility to prove the retail value of a particular prize rests with the Committee in charge of the competition. Note 3: It is recommended that the total value of prizes in a gross competition, or each division of a handicap competition, should not exceed twice the prescribed limit in an 18-hole competition, three times in a 36-hole competition, five times in a 54-hole competition and six times in a 72-hole competition. http://www.usga.org/rules/rules-of-amateur-status.html#!rule-03,3-2 Earlier today some of my students (aged 13-15) won a scramble tournament, which paid out in pro shop credit or something for about $100 each or something. They also got a skin on a hole, and thought they would get $240 ($60 each) in cash. They were stopped from accepting the cash value by a parent who knew of rule 3-2. Initially I thought that a skin might fall under the same type of ruling as a hole in one prize. It's also not like the tournament said "enter our event - first place is $700 cash!" But the rule only mentions hole in one prizes as the exception. It doesn't mention skins, and it specifically mentions things like longest drive and closest to the pin. A skin would be more like those. So I don't think I need an answer here, but in case anyone wants to clarify anything, please feel free. P.S. I don't think people gambling with their own money for skins is included here at all. That's not prize money at all; that's just gambling. And this is why a lot of junior events, etc. give out pro shop credit, not cash.