The 1947 Masters Tournament was the 11th Masters Tournament, held April 3–6 at Augusta National Golf Club in Augusta, Georgia. The purse was $10,000 with a winner's share of $2,500. Jimmy Demaret, the 1940 champion, was the co-leader after both the first and second rounds, and had a three-shot lead after 54 holes. He carded a 71 on Sunday and won by two strokes over Byron Nelson and amateur Frank Stranahan. Demaret joined Horton Smith and Nelson as two-time winners of the Masters. He was the first to score four sub-par rounds in the same Masters and later became the first three-time winner in 1950.