The 2023 prize payout, based on 30 teams. Prize payout will be adjusted based on total number of teams competing. The Emo Walleye Classic pays out 100% of all prizes from the entry fees and all awards are paid out by their respective sponsors.

1st Place$6,000
2nd Place$4,500
Third Place$2,250
Fourth Place$1,200
Fifth Place$500
Hot Seats$550
Elmer Haglin Family Award – Keith Smith$250
Rookie Award – Emo Walleye Classic$250
Rick Thompson Award – Vernon and Darwin Thompson$500
Junior Angler Award – Barker Logging$500
River Champions (awarded after Rainy River tournament in September, limited to anglers using a Lund boat) – Badiuk Powersport$1,000
Hidden Weight Day One – Fort Frances Times$250
Hidden Weight Day Two – Fort Frances Times$250