The 1962 Titleholders Championship was the 23rd Titleholders Championship, held April 26–30 at Augusta Country Club in Augusta, Georgia.

Defending champion Mickey Wright sank a ten-foot (3 m) putt for par on the 72nd hole to tie Ruth Jessen and force the first playoff in the event's history. Wright won the 18-hole playoff by three strokes, 69 to 72, to repeat as champion.

Barbara Romack held a five-shot lead after 36 holes, but finished two strokes back in solo third.

Final leaderboard Sunday, April 29, 1962 Place Player Score To par Money ($)T1 Mickey Wright 73-75-70-77=295 +7 Playoff Ruth Jessen 74-74-70-77=2953 Barbara Romack 73-70-79-75=297 +9 8004 Patty Berg 75-74-72-77=298 +10 6755 Mary Lena Faulk 75-76-74-74=299 +11 5506 Marilynn Smith 75-73-77-75=300 +12 5007 Kathy Whitworth 74-74-80-73=301 +13 4508 Jo Ann Prentice 73-77-73-79=302 +14 4009 Kathy Cornelius 76-73-73-81=303 +15 35010 Shirley Englehorn 77-78-72-77=304 +16 300 Source:

Playoff Monday, April 30, 1962 Place Player Score To par Money ($)1 Mickey Wright 34-35=69 −3 1,4002 Ruth Jessen 37-35=72 E 1,100 Source:

References