Revealed: The handy cash boost heading to Luton Town after win against Reading in FA Cup

The FA Cup trophy as it sits in the pitch after last year's final won by Arsenal.

Luton Town defeated Championship rivals Reading in the FA Cup third round on Saturday to put their names into the draw for the fourth and fifth rounds.

The victory will be rewarded with a healthy financial boost to Luton's coffers - with more money up for grabs if the Hatters progress further.

Although the FA confirmed the prize money fund will be reduced this season after the pandemic caused financial havoc, winners in each round are able to benefit from a substantial pot of cash.

The fund sees £61,500 on offer to the winners of third-round ties.

That means Luton have scooped that amount following their victory over Reading.

Apart from the normal prize money, clubs also receive a fixed payment every time their match is on TV, although this varies depending on the channel the match is shown on.

But that means the Hatters could pocket the club another cash boost if they win again in the fourth round, with even more on offer if the game is selected for television.

Here is the 2020-21 FA Cup prize money list in full following the most recent amendments:

Extra preliminary round – £1,125 Losers receive £375

Preliminary round – £1,444 Losers receive £481

First round qualifying – £2,250 Losers receive £750

Second Round Qualifying – £3,375 Losers receive £1,125

Third Round Qualifying – £5,625 Losers receive £1,875

Fourth Round Qualifying – £9,375 Losers receive £3,125

First Round Proper – £16,972 Losers receive £5,657

Second Round Proper – £25,500 Losers receive £8500

Third Round Proper winners – £61,500 Losers receive £20,500

Fourth Round Proper winners – £90,000

Fifth Round Proper winners – £180,000

Quarter-Final winners – £360,000

Semi-Final winners – £900,000

Semi-Final losers – £450,000

Final runners-up – £900,000

Final winners – £1,800,000

Here is the 2020-21 FA Cup TV money list in full following the most recent amendments:

First Round Proper – each team: £67,500

Second Round – each team: £72,000

Third Round – each team: £144,000

Fourth Round – each team: £144,000

Fifth Round – each team: £247,500

Quarter-Final – each team: £247,500

Semi-Final – each team: £350,000

Final – each team: £600,000