The prize money dished out at the month-long tournament is up from the €196 million ($298.3 million) in 2012 - with the showpiece expanded from 16 to 24 teams.
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Each team receives €8 million ($12.2 million) for participating, and in the group stage a win is worth €1 million ($1.5 million) and a draw €500,000 ($750,000).
Teams that reach the knockout stage receive €1.5 million ($2.3 million) each, quarter-finalists €2.5 million ($3.8 million), semi-finalists €4 million ($6.1 million), while the runner-up nets €5 million ($7.6 million).
A team that wins all of seven games can thus rake in €27 million ($41.1 million), compared to the maximum €23.5 million ($35.8 million) from six games in 2012.
Meanwhile, bar and restaurants owners won't be allowed to set up TV screens outside their businesses during EURO 2016 in a measure aimed to improve security during the tournament, with French authorities expecting fewer people will gather if outdoor screens are banned.
France has been under a state of emergency since last November's co-ordinated attacks, which killed 130 people at a rock concert, on the terraces of bars and restaurants and outside the Stade de France, the stadium where the football tournament commences.
Junior minister for sports Thierry Braillard said official fan zones are the only outdoor public spaces where screens will be installed.
