The winnings are the same for both the men’s and women’s competition.
Kyrgios will face Novak Djokovic, the defending men’s singles champion, in the final on Sunday July, 10 2022.
Even if he loses the final match, Kyrgios will still win around $1,842,356 (£1,050,000) as a finalist.
Wimbledon Prize Money by round (singles)
If he wins, the tennis player will join Australian legends Norman Brookes, Gerald Patterson, Jack Crawford, Frank Sedgman, Lew Hoad, Ashley Cooper, Neale Fraser, Rod Laver, Roy Emerson, John Newcombe, Pat Cash and Lleyton Hewitt on the men's singles honour board.
Even Kyrgios figured his "ship had sailed" before he at last reached his first maiden grand slam semi-final on Wednesday with victory over Chile's Cristian Garin.
But the prodigiously gifted entertainer from Canberra said after moving into the last four that he was intent - and finally felt ready - to deliver on his rich potential.
"I just feel like I'm more mature," Kyrgios said.
"I made it pretty known to them that I wanted to go pretty deep here and possibly even raise the trophy. I've made that pretty known.”
- With AAP