The bonus for the title win is up from 350,000 euros for the previous tournament in 2018, when Germany crashed out in the first round.
When Germany won the title at the Brazil World Cup in 2014, the players received bonuses of 300,000 euros each.
Clearing the group stage in Qatar will earn each player 50,000 euros while a spot in the last eight will net them 100,000 each.
Germany, desperate to make amends for their dismal 2018 performance, have been drawn in Group E along with Spain, Costa Rica and Japan.
The tournament starts on November 20th and Germany open their campaign against Japan on November 23rd.
A semi-final spot is worth 150,000 euros each, while winning third-place would earn Germany's players 200,000 euros each.
Losing in the final would be rewarded with a 250,000 euro-bonus.
"We had intense discussions in a good and constructive atmosphere," said DFB President Bernd Neuendorf following a meeting with team representatives Manuel Neuer (36), Thomas Muller (33), Joshua Kimmich (27) and Ilkay Gundogan (31).
"At the end of the day we have found an acceptable solution for everyone."
