<!-- wp:html --><p>Tiger Woods is presented with the green jacket after winning the 2019 Masters at Augusta National.</p>
<p class="copyright">Augusta National via Getty Images</p>
<p>The Masters tournament — founded in 1934 — is one of four major championships in pro golf.<br />
Since 1949, each winner of the tournament has been presented with a green jacket.<br />
The winner who receives one of the iconic jackets is only allowed to keep it for a year — then it has to be returned.</p>
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<div class="slide-title">The first Masters was won by Horton Smith in 1934. He wasn't awarded a green jacket at the time, but he did get one when the iconic jacket became a tradition. It would later be sold for $682,000 in 2013</div>
<div class="slide-image">For his victory at the tournament Smith (right) reportedly received $1,500 in prize money.
<p class="copyright">Associated Press</p>
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<div class="slide-title">In 1949, Sam Snead was the first champion to receive a green jacket, and the tradition has continued in every Masters tournament since then.</div>
<div class="slide-image">Snead (left) can be seen shaking hands with fellow Masters champion Ben Hogan after Snead won the 1954 Masters.
<p class="copyright">Associated</p>
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<div class="slide-title">The single-breasted, three-button, green blazers have been made by Cincinnati-based Hamilton Tailoring Co. since 1967, but the company is very secretive about the partnership.</div>
<div class="slide-image">Jack Burke Jr. won the 20th Masters tournament in 1956 by one stroke.
<p class="copyright">Associated Press</p>
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<div class="slide-title">According to PGA.com, the cost to make one of the jackets is estimated at $250, but neither Augusta National Golf Club nor Hamilton Tailoring has confirmed the price tag.</div>
<div class="slide-image">Tom Watson won the 1977 Masters and was presented with the jacket by previous winner Raymond Floyd.
<p class="copyright">Peter Dazeley/Getty</p>
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<div class="slide-title">Although there are champions who have won the Masters many times, like six-time winner Jack Nicklaus, they're only awarded one green jacket.</div>
<div class="slide-image">In 1987, Nicklaus (left) presented Masters winner Larry Mize as part of the tradition that the prior champion crowns the winner after them.
<p class="copyright">Associated</p>
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<div class="slide-title">At a ceremony, the winner is presented with the jacket of an Augusta club member and receives his own made-to-order jacket a month later, NBC Sports reports.</div>
<div class="slide-image">Bernhard Langer won his green jacket at the 1993 Masters.
<p class="copyright">Curtis Compton/AP</p>
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<div class="slide-title">Only the current champion is permitted to take his green jacket away from the grounds of Augusta National, and then only for the year of his victory tour.</div>
<div class="slide-image">Tiger Woods won his first Masters by twelve strokes in 1997 at the age of 21.
<p class="copyright">Bill Waugh/</p>
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<div class="slide-title">"(Augusta National doesn't) like us talking too much about this sort of thing. It's a club of highly disciplined people who like to keep certain things private. It adds to the mystique," Ed Heimann of Hamilton Tailoring once told The Enquirer.</div>
<div class="slide-image">Jordan Spieth is presented with his green jacket by previous winner Bubba Watson after winning the Masters in 2015.
<p class="copyright">Andrew Redington/Getty</p>
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<div class="slide-title">Augusta National's strict rules about keeping green jackets weren't always in place, so some earlier champion jackets have been auctioned off to collectors.</div>
<div class="slide-image">Sergio Garcia of Spain wears his green jacket while holding the Masters trophy after winning the 2017 Masters in Augusta.
<p class="copyright">Thomson Reuters</p>
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<div class="slide-title">Only three champions, including Smith, have had their jackets sold. The jacket of Doug Ford, the 1957 victor, was sold for $62,000 by a company formerly known as Green Jacket Auction.</div>
<div class="slide-image">Tiger Woods puts on the green jacket after winning his fifth Masters in 2019.
<p class="copyright">CBS</p>
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<div class="slide-title">Previous champions are allowed to wear their jackets during the Masters, but they must be returned to a cedar closet in the clubhouse once festivities end, per Bleacher Report.</div>
<div class="slide-image">Scottie Scheffler dons the green jacket after winning the Masters in 2022.
<p class="copyright">AP Photo/David J. Phillip</p>
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<div class="read-original">Read the original article on <a href="https://www.businessinsider.com/masters-green-jacket-cheap-mystery-impossible-buy-2023-4">Business Insider</a></div><!-- /wp:html --> Tiger Woods is presented with the green jacket after winning the 2019 Masters at Augusta National.
Augusta National via Getty Images
The Masters tournament — founded in 1934 — is one of four major championships in pro golf.
Since 1949, each winner of the tournament has been presented with a green jacket.
The winner who receives one of the iconic jackets is only allowed to keep it for a year — then it has to be returned.
Associated Press
Associated
Associated Press
Peter Dazeley/Getty
Associated
Curtis Compton/AP
Bill Waugh/
Andrew Redington/Getty
Thomson Reuters
CBS
AP Photo/David J. Phillip