| World Champions Group | South Iceland Open | The Icelandic Championship Fischer Random |
| 1. place 3000 EUR | 1. place ISK 200.000 | 1. place ISK 100.000 |
| 2. place 2000 EUR | 2. place ISK 100.000 | 2. place ISK 70.000 |
| 3. place 1500 EUR | 3. place ISK 60.000 | 3. place ISK 50.000 |
| 4. place 1200 EUR | 4. place ISK 40.000 | 4. place ISK 40.000 |
| 5. place 1000 EUR | 5. place ISK 30.000 | 5. place ISK 20.000 |
| Other prizes | Other prizes | |
| 6. place 500 EUR | Age (50+) 25.000 ISK | Icelandic Champion 50.000 ISK |
| 7. place 500 EUR | Age (U-16) 25.000 ISK | Icelandic Women Champion 30.000 ISK |
| 8. place 500 EUR | Best women 25.000 ISK | Icelandic Senior Champion (50+) 30.000 ISK |
| 9. place 500 EUR | Best under 2200 elo 25.000 ISK | Icelandic Youth Champion (U-16) 30.000 ISK |
| 10. place 500 EUR | Best under 1900 elo 25.000 ISK | |
| Best unrated 25.000 ISK | ||
| Best performance according to ratings 20.000 ISK | ||
|
Total Prizes 11.200 EUR |
Total Prizes 600.000 ISK
|
Total Prizes 420.000 ISK
|