The 2004 Masters Tournament was the 68th Masters Tournament, held April 8–11 at Augusta National Golf Club in Augusta, Georgia. Phil Mickelson, 33, won his first major championship with a birdie on the final hole to win by one stroke over runner-up Ernie Els. The purse was $6.0 million and the winner's share was $1.17 million. This was the 50th consecutive and final Masters appearance for four-time champion Arnold Palmer.