Why do golfers who win The Masters get a green jacket? Here's all you need to know

SynopsisThe winners of The Masters receive an iconic green jacket that has much more value than one actually knows. ReutersGolf's most coveted apparel, the iconic green jacket, is awarded to the winner of the first of the calendar's four major championships. The honor of this jacket is bestowed only on 54 players in a presentation ceremony at Augusta. In 2013, the inaugural winner Horton Smith sold for a whopping $682,229 (around £550,000).ET Guide to ITRMade a mistake in your filed ITR? Check the revised ITR filing last dateHow to file ITR after July 31 deadline?What is the penalty for filing ITR after the July 31 deadlineAnnually, during the dinner ceremony, golfers who have previously received the coveted green jacket assemble and during this very ceremony, the previous edition's Masters winner is awarded this green jacket. Moreover, all receivers of the green jackets don it and pose for a group portrait, says Daily Star. This tradition of the green jacket first began in 1937 but th...