Dubai: The International Cricket Council on Monday announced a 20 percent increase in prize money for next year's World Cup in Australia and New Zealand. The winners will take home $3.975 million (3.18 million euros), but if a team remains unbeaten that would rise to more than $4m..

"A total of $10 million, an increase of approximately 20 per cent over the ICC Cricket World Cup 2011, will be available," said the ICC. The 2011 edition jointly hosted by India, Bangladesh and Sri Lanka had prize money of $8.01 million. "Should a team at the ICC Cricket World Cup 2015 win the tournament without losing a match, it will receive total prize money of $4,020,000, while a team that loses one match on the way to winning the tournament will receive USD $3,975,000."