A Total of €301 million was distributed to the 24 teams contesting in the tournament,
a growth from the €196 million payment in the preceding event. Each team was rewarded €8 million,
with further rewards depending on their performances. Portugal, the champions of the competition,
were awarded €8 million in addition to any prize money earned in earlier rounds – the biggest prize attainable
was €27 million (for winning all group matches and the final). Prize for participating: €8 million
Extra payment based on team's performance:Champions: €8 million
Runners-up: €5 million--Reaching the semi-finals: €4 million--Reaching the quarter-finals: €2.5 million
Reaching the round of 16: €1.5 million--Winning a group match: €1 million--Drawing a group match: €500,000.

The 2016 UEFA European Championship, commonly referred to as UEFA Euro 2016 or simply Euro 2016,
was the 15th UEFA European Championship, the quadrennial international men's football championship of Europe organised
by UEFA. It was held in France from 10 June to 10 July 2016.[4][5] Spain were the two-time defending champions,
having won the 2008 and 2012 tournaments, but were eliminated in the round of 16 by Italy. Portugal won the tournament
for the first time, following a 1–0 victory after extra time over the host team, France, in the final played at the Stade de France.
For the first time, the European Championship final tournament was contested by 24 teams, having been expanded from the
16-team format used since 1996.[6] Under the new format, the finalists contested a group stage consisting of six groups of
17-four teams, followed by a knockout phase including three rounds and the final