Winner of the 2017 MTN FA Cup competition will earn a cash reward of GHC50, 000.00.
The amount was confirmed as the prize money on Tuesday when the semifinal draw was held at the Alisa Hotel in Accra.
Hearts of Oak, Asante Kotoko, Medeama and Ghana Premier League defending champions WA All Stars will battle it out for a place in the finals.
Hearts of Oak will take on WA All Stars in the first semi-final match with Kotoko facing 2015 champions Medeama in the next game.
The runner-up will also take home GHC15,000.000 as indicated by the organizers.
Semi-final matches of the FA Cup competition will be hosted at the Obuasi Lane Clay Stadium in Obuasi with the finals being slated for the Tamale Sports Stadium on October 29.