The 1963 Titleholders Championship was the 24th Titleholders Championship, held April 25–29 at Augusta Country Club in Augusta, Georgia. Two-time defending champion Mickey Wright came from three strokes back on Sunday to tie Marilynn Smith and force the second consecutive playoff at the event.

Tied after nine holes in the 18-hole playoff on Monday, Smith fell three strokes behind, then Wright double-bogeyed the par-3 14th and Smith birdied the 16th to tie. All even on the 18th green, Wright missed a 12-foot (3.7 m) par putt while Smith sank hers from 8 feet (2.4 m) to take her first major title. It was the first of two consecutive wins in the championship for Smith, age 34, which were her only two major titles.

Wright was the 36-hole leader at 146 (+2), a stroke ahead of Smith.

Sunday, April 28, 1963

Place	Player	Score	To par	Money ($)
T1	Marilynn Smith	72-75-69-76=292	+4	Playoff
	Mickey Wright	74-72-73-73=292
3	Betsy Rawls	74-76-70-78=298	+10	800
4	Jo Ann Prentice	71-77-75-79=302	+14	675
5	Kathy Whitworth	74-76-77-76=303	+15	575
T6	Clifford Ann Creed	75-73-78-78=304	+16	456
	Carol Mann	76-72-73-83=304
	Sherry Wheeler	80-73-77-74=304
T9	Shirley Englehorn	74-75-76-80=305	+17	300
	Judy Kimball	76-73-78-78=305
	Sybil Griffin	75-75-75-80=305

Source:

Monday, April 29, 1963

Place	Player	Score	To par	Money ($)
1	Marilynn Smith	35-37=72	E	1,300
2	Mickey Wright	35-38=73	+1	1,000

Source:

33°28′59″N 82°00′40″W / 33.483°N 82.011°W / 33.483; -82.011