Ending a four-year victory drought, Jeff Maggert won the Charles Schwab Cup Championship at Phoenix Country Club in Phoenix, Arizona on Sunday. 

Maggert holed out from 123 yards on the third extra hole and hit a birdie putt on the 18th green to end the 2019 PGA Tour Champions season in spectacular fashion.

Earlier, after entering the final round with a one-shot lead, Maggert needed a birdie on the last hole of regulation to force a playoff with Retief Goosen. But with Goosen in tight on the third extra hole, Maggert's stunning putt sunk into the hole, and the eagle triggered a fairway celebration. This was Maggert's first victory on the senior circuit after he won four times during the 2015 season.

A visibly relieved and jubilant Maggert said after his triumph, "It's nice to be back in the winner's circle. Four and a half years on this tour is an eternity." "I've seen (playoff hole-outs) happen, but I never thought it would happen to me in my life. Obviously, I didn't make a lot of putts the last two days, but that just goes to show that sometimes you don't need the putter working to play well."

Meanwhile, as Maggert and Goosen battled it out in overtime for the coveted title, the fate of the season-long Charles Schwab Cup was also hanging in the balance with Goosen being in position to win both trophies with a playoff win over Maggert. However, his dream of becoming the first PGA Tour Champions rookie to earn the season-long prize was shattered as Maggert's victory helped Scott McCarron win the Charles Schwab Cup after a number of close finishes over the past few seasons.