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Alexandra Palace in London

Inside Darts' Million-Pound Championship

The venue, the format, the money, the madness — why three weeks in North London own the darts calendar.
By Charles Wallace · Updated
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A hall full of fancy-dress fans is mid-chant when the lights drop at Alexandra Palace and the next match walks on. Every December, darts throws its biggest party — and hands out its biggest title.

The PDC World Darts Championship is the sport's flagship event, straddling December and January every year. For plenty of fans, it's as much a part of the holiday season as the tree.

What Is the PDC World Darts Championship?

The PDC — the Professional Darts Corporation — was founded in 1992 by a group of leading players, including Phil Taylor. Its World Championship has grown into one of the most-watched events in darts, drawing players from all over the globe.

Winning it means the world title, the sport's biggest cheque, and a permanent place in darts history. No other event in the game carries the same weight.

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The Venue: Ally Pally

Since 2008, the championship's home has been Alexandra Palace in London, known to everyone as "Ally Pally". The event moved there because audiences kept growing, and the venue's larger capacity let far more fans watch live.

Standing on that stage, dart in hand, with the crowd in full voice is the picture most players chase their whole careers. It's the sport's defining image.

Prize Money

As of the 2026 edition, the total prize fund is £5 million, and the champion walks away with £1 million. That's the largest prize fund in darts — no other tournament comes close.

For a sense of how far that outstrips the rest of the calendar, see what professional darts players actually earn. One deep run at the Worlds can reshape a career.

How the Format Works

Players battle through several rounds, each decided in a best-of-sets format. The set count climbs as the tournament progresses, so matches get longer and heavier the nearer you get to the final.

There's no easy road to the trophy. Champions earn it across weeks, not one hot night.

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The Famous Crowd

Ally Pally crowds are a show of their own, packed with funny and creative costumes. The songs, chants, and cheers barely stop, and the fans are as much a part of the event as the players.

Even people who watch one darts event a year pick this one. The holiday timing and the party atmosphere make it an easy sell.

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Legends of the Worlds

Phil Taylor towers over the event's history with an incredible 14 world titles. Michael van Gerwen has won it three times, and both men left permanent marks on the championship and the sport.

Gary Anderson lifted the trophy twice, while Peter Wright claimed his first title in 2020. The roll of honour reads like a history of modern darts.

Quick Reference

  • When: December into January, every year
  • Where: Alexandra Palace ("Ally Pally"), London — home since 2008
  • Format: knockout rounds played in best-of-sets matches that lengthen as the event goes on
  • Prize fund: £5 million total as of 2026, with £1 million for the champion
  • Most titles: Phil Taylor, with 14

World Championship FAQs

Who founded the Professional Darts Corporation?

The PDC was established in 1992 by a group of leading players, with darts legend Phil Taylor among them. It's the body that runs this championship.

Why did the event move to Alexandra Palace?

Audience sizes kept increasing, so the championship moved to Ally Pally in 2008. The bigger venue allowed many more fans to enjoy the event live.

How does the prize fund compare to other darts tournaments?

It's the biggest in the sport, full stop. The £5 million fund and £1 million winner's cheque surpass every other darts event.

If you've never watched darts, queue up one Ally Pally session this December — costumes, chants, and all.