Celtic's Champions League qualification will provide a £1million boost to the Clydesdale Bank Premier League as a whole.
The SPL confirmed that "solidarity funding" from UEFA would increase to £1.5million with the sum shared equally among the 12 clubs.
The league said the bonus would "partly offset the financial damage caused to the League by the loss of Rangers from the SPL".
SPL chief executive Neil Doncaster said: "Our congratulations go to all at Celtic FC on once again reaching the group stages of the UEFA Champions League.
"Their success is a welcome boost for the entire game in Scotland - both financially and reputationally.
"Ahead of the start of Scotland's World Cup qualifying campaign next week, last evening is a timely reminder that Scottish football still has a rightful place at European football's top table."