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Woods' fourth green jacket victory was easily his most dramatic.
Woods and Chris DiMarco both fired 12 under par through 72 holes to get into a playoff.
Woods seemed destined to run away with the title after a 66 on Friday and a 65 on Saturday. He took a three-shot lead into the final round.
However, although few could have predicted it, Sunday became incredible theater with Woods and DiMarco playing in the final pairing together. It became a classic two-man duel.
It really heated up on the par 3 16th. DiMarco, down by one shot, put his iron shot into the middle of the green, while Tiger overshot the green and landed on the back approach.
Woods would hole one of the all-time great chip shots, the ball sitting on the lip forever before dropping in. DiMarco would miss his putt, and the lead grew to two shots with two to play.
However, if wasn't over. Woods bogeyed the last two holes and DiMarco, who nearly holed a chip on 18, was able to par them both. Ultimately DiMarco needed to sink a 10-foot putt to force the playoff.
Tiger drained a 15-foot birdie putt on the first playoff hole to win his fourth Masters title.