"We've placed emphasis on the large group of players who need our help the most, those players who lose in qualifying and in the early rounds of the championships," Wimbledon chairman Philip Brook said. "We also had an eye to being competitive internationally, and we do keep our watch on what is going on in other tennis events and in particular the other Grand Slams."
The grass-court Grand Slam will be played from June 23-July 6.
In keeping with player demands for a larger slice of Grand Slam revenues, all four majors have greatly increased their prize money in the past two years, with Wimbledon offering the biggest amount following a record 40 percent increase last year.
The French Open now offers more than $34.5 million, the U.S. Open increased its purse to $34.3 million and the Australian Open went up to $31 million.
The Wimbledon prize money for the majority of singles players who lose in the first three rounds of the grass-court tournament has been increased by more than 100 percent over a three-year period. The main increase this year is for first-round losers, with each receiving $45,450, 14.9 percent more than last year.
"This year we've got a very generous increase once again," Brook said. "We wanted to build on the focus from 2012 and 2013."
There will also be an increase of 8.7 percent in prize money for doubles and a 6.1 percent increase for mixed doubles.
In all, an extra $4 million is up for grabs compared to last year.