The 1962 Masters Tournament was the 26th Masters Tournament, held April 5–9 at Augusta National Golf Club in Augusta, Georgia. Arnold Palmer won the third of his four Masters titles in the tournament’s first three-way playoff. It was the fifth of his seven major titles.
The other two in the 18-hole Monday playoff were also major championship winners: defending champion Gary Playerand Dow Finsterwald, winner of the PGA Championship in 1958. Out in 37 and down three strokes to Player at the turn, Palmer shot a 31 on the back nine for 68, while Player shot a 71 and Finsterwald a 77. In the lead after three rounds, Palmer was five-over for his final round after a double bogey at the 10th hole. After five pars, he birdied 16 and 17 to get into the Monday playoff with a 75 (+3). The gallery for the playoff was estimated at 16,000 spectators.