Winning the World Cup is undoubtedly the pinnacle of football for many footballers and the prestige that accompanies such an achievement lasts a lifetime.

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The fact that it only comes around every four years adds to the glory, but that isn’t the only thing the 32 teams competing in the tournament are playing for.

As with most top-level football competitions in the modern era there are financial rewards for winning the World Cup and even those who don’t win are in for a lucrative boost.

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FIFA confirmed in October 2017 that a total of $400 million would be shared between the participants at the 2018 World Cup in the form of prize money.

Simply reaching the finals is worth a minimum of $9.5m ($8m for taking part in the group stage and $1.5m for tournament costs).

If a team progresses from the group stage but gets knocked out at the round of 16 they will be rewarded with an extra $4m (a total of $12m).

Teams that are eliminated in the quarter-final stage will receive a further $4m ($16m) and the final four will each receive different amounts, depending on how well they do.

The beaten semi-finalists who contest the third-place play-off will share $46m, with $24m going to winner and $22m going to the loser.

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The 2018 World Cup final is a $66m game and the winners will be paid $38m with the runners-up getting $28m.

Those figures will be boosted by the $1.5m for tournament costs and all prizes will be paid out after the completion of the competition.

You can see a breakdown of the prizes in our table below.

World Cup 2018 prize money: