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DOTA 2 International is offering more than $20 million in prize money

Valve's DOTA 2 International tournament kicked off today, and 16 teams will be competing for more than $20 million in prize money. That's a small step up from the $18.4 million pot up for grabs in 2015, and a huge leap ahead of the $1 million in winnings from 2011.

The official International website breaks down how Valve is carving up this year's $20 million: the team that places first will divide up $8.8 million, all the way down to just over $100,000 for 16th place—a nontrivial amount, even for coming in last.

Twenty-five percent of this year's earnings came from sales of the 2016 Battle Pass, a collection of in-game quests and items.

While numerous games are played competitively, DOTA 2 is still one of the most lucrative. The 2016 Halo World Championship put up $2.5 million in prize money (via GameSpot).

This year's DOTA 2 International is already underway, and over 100,000 concurrent users are watching the official Twitch stream.

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