ICC World Twenty 20

Twenty 20 cricket, often abbreviated to T20, is a form of cricket originally introduced in England and Wales for professional inter-county competition by the England and Wales Cricket Board (ECB), in 2003. A Twenty 20 game involves two teams; each has a single innings, batting for a maximum of 20 overs.

The ICC World Twenty 20 (also referred to as the ICC World T20 or the T20 World Cup) is the international championship of Twenty 20 cricket. Organized by cricket's governing body, the International Cricket Council (ICC), the tournament consists of 12 teams, comprising all ten ICC full members and two other ICC members chosen through the ICC World Twenty 20 Qualifier. The event is generally held every two years, and all matches are accorded Twenty20 International status. The 2014 event will be a host to 16 nations.

1. The inaugural event, the 2007 ICC World Twenty20, was staged in South Africa. Pakistan was originally selected to host it. It ran from 11–24 September 2007. The tournament was won by India, who became the first World T20 Champions after defeating Pakistan by 5 runs in the final at the Wanderers Stadium in Johannesburg.

2. The second event, the 2009 ICC World Twenty 20 took place in England from 5–21 June 2009. This tournament was won by the previous runners-up Pakistan who defeated Sri Lanka by 8 wickets in the final at Lord's, London. 

3. The third tournament, the 2010 ICC World Twenty20 was held from 30 April–16 May 2010 and hosted by the West Indies. The winners were England who defeated Australia by 7 wickets in the final at Kensington Oval, Barbados. This was the first ever ICC tournament won by England.

4. The fourth tournament, the 2012 ICC World Twenty 20, was held from 18 September to 7 October 2012 and was hosted by Sri Lanka. The winners were West Indies who defeated Sri Lanka by 36 runs, their first appearance in a World cricket final since 1983 and their first victory since 1979.

5. The 2014 ICC World Twenty 20 is the fifth ICC World Twenty 20 competition, an international Twenty 20 cricket tournament, that is currently taking place in Bangladesh from 16 March to 6 April 2014. It is being played in three cities — Dhaka, Chittagong  and Sylhet. The International Cricket Council announced Bangladesh as host in 2010. It is the second consecutive time that an Asian country is hosting this event, as Sri Lanka hosted the previous tournament in 2012.

WORLD TWENTY20 PRIZE MONEY

Winner of final :-	$1,000,000
Runner up :-	$500,000
Third and fourth :-	$250,000 each
Winner of Super 8 matches :-	$42,000 to the winner of each match
Winner of group stage matches :-	$20,500 to the winner of each match