INDIANAPOLIS – It’s pay day for the Indy 500 field of 33.

The Indianapolis Motor Speedway handed out the prize money at the Victory Celebration at the JW Marriott downtown on Monday.

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The total purse this year was just over $16 million becoming the largest payout in the race’s history, topping the $14.4 million awarded in 2008.

The biggest check went to the new champion, Marcus Ericsson, who earned $3.1 million for the victory, the largest winner’s payout ever.

“The Indianapolis 500 is the greatest race in the world, and these drivers lay it all on the line for a chance to drink the winner’s milk and kiss the famous Yard of Bricks,” speedway owner Roger Penske said in a release. “This year’s record-setting purse is reflective of their tireless pursuit of history and the world-class talent they display on every lap.”

Runner-up Pato O’Ward took home $1 million, the largest second-place prize in almost a decade.

Seven-time NASCAR Cup champion and four-time Brickyard 400 winner Jimmie Johnson won Rookie of the Year honors earning an extra $50,000 for a total prize of $207,900. Johnson qualified 12th and led two laps before a late crash dropped him to a 28th place finish.

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The average payout for the drivers was $485,000.