With the increase, the Compaq now is one of the richest regular stops on the PGA Tour. Only the Genuity Championship, the Verizon Byron Nelson Classic, the Memorial and the Invensys Classic have larger total purses.
This year's winner will be compensated with a check for $720,000.
The Compaq Classic is scheduled for the dates of May 3-6. It will be held at English Turn Golf and Country Club in New Orleans.
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