| 1992 LPGA Championship | |
| Dates: | May 14–17, 1992 |
| Location: | Bethesda, Maryland |
| Course: | Bethesda Country Club |
| Tour: | LPGA Tour |
| Par: | 71 |
| Yardage: | [1] |
| Format: | Stroke play - 72 holes |
| Cut: | 147 (+5) |
| Purse: | $1.0 million |
| Winners Share: | $150,000 |
| Champion: |  Betsy King |
| Score: | 267 (−17) |
| Previous: | 1991 |
| Next: | 1993 |
The 1992 LPGA Championship was the 38th LPGA Championship, played May 14–17 at Bethesda Country Club in Bethesda, Maryland, a suburb northwest of Washington, D.C.
Betsy King won the fifth of her six major titles, eleven strokes ahead of runners-up JoAnne Carner, Liselotte Neumann, and Karen Noble.[2] She led by five strokes after 54 holes,[3] and her victory margin was the largest to date, passing Patty Sheehan's ten-stroke win in 1984,[2] and it stood until 2010. King was the first to card all four rounds in the sixties in an LPGA major;[2] it was her only win at the LPGA Championship.
This was the third of four consecutive LPGA Championships at Bethesda Country Club.
Sunday, May 17, 1992
| Place | Player | Score | To par | Money ($) | |||
|---|---|---|---|---|---|---|---|
| 1 | Betsy King | 68-66-67-66=267 | −17 | 150,000 | |||
| align=center rowspan=3 | T2 | JoAnne Carner | 71-66-70-71=278 | align=center rowspan=3 | −6 | align=center rowspan=3 | 71,287 |
 Liselotte Neumann | 71-68-70-69=278 | ||||||
| Karen Noble | 73-70-70-65=278 | ||||||
| align=center rowspan=2 | T5 | Helen Alfredsson | 69-69-68-73=279 | align=center rowspan=2 | −5 | align=center rowspan=2 | 38,998 |
| Dottie Pepper | 71-73-68-67=279 | ||||||
| align=center rowspan=2 | T7 | Alice Ritzman | 68-71-71-70=280 | align=center rowspan=2 | −4 | align=center rowspan=2 | 27,928 |
| Patty Sheehan | 71-70-69-70=280 | ||||||
| 9 | Juli Inkster | 70-71-66-74=281 | −3 | 23,651 | |||
| align=center rowspan=2 | T10 | Amy Alcott | 69-69-73-71=282 | align=center rowspan=2 | −2 | align=center rowspan=2 | 20,128 |
| Brandie Burton | 68-73-70-71=282 |