The Gunners stunned holders Manchester City as the Blues got the better of Manchester United, with both losing clubs earning £900,000 for their efforts.
In addition to the trophy, today’s FA Cup winners will receive £3.6m in prize money.
The competition’s runners-up will be sent home with £1.8m.
Normally, between the third and sixth rounds, 45 per cent of gate receipts goes to each club, with 10 per cent going into a central pot.
However, this year’s final will played behind closed doors due to the coronavirus pandemic.
FA Cup prize money breakdown 2019/20
First Round Proper winners (40): £36,000
Second Round Proper winners (20): £54,000
Third Round Proper winners (32): £135,000
Fourth Round Proper winners (16): £180,000
Fifth Round Proper winners (8): £360,000
Quarter-Final winners (4): £720,000
Semi-Final winners (2): £1,800,000
Semi-Final losers (2): £900,000
Final runners-up (1): £1,800,000
Final winners (1): £3,600,000