New Zealand's Danny Lee won a dramatic four-way playoff at the LIV Golf Tucson as Sergio Garcia's Fireballs GC took out the team event by four strokes on Sunday.

The 32-year-old South Korea-born Lee, who turned professional in 2009 but only won once on the PGA Tour, held his nerve in the playoff to edge out Carlos Ortiz, Louis Oosthuizen and Brendan Steele.

Lee, in his second LIV Golf event, claimed victory in style in the third playoff hole with a putt from off the green on the 18th hole.

"The individual victory means a lot," Lee said. "I haven't won since 2015. I just felt like winning is just not my thing but today just changed that. It’s good to see I’m capable of playing some good golf."

Lee had spurned the chance to clinch victory a hole earlier when he missed a six-foot birdie putt after a brilliant approach.

The New Zealander was part of Kevin Na's Iron Heads GC, who finished third in the team rankings at 19 under, with Garcia's Fireballs winning at 25 under. Dustin Johnson's 4Aces were second at 21 under.

"I wasn’t even looking at the individual score all day," Lee added. "I was only asking about 'how is our team doing?'. That's the reason why Kevin [Na] called and that’s the reason I’m over here."

Oosthuizen had looked the favourite on the players' leaderboard down the bank nine but dropped shots, only to produce an incredible birdie on the final hole to force his way into the playoff.

Steele stayed in the hunt with a fine par save on the 16th after his approach slid off the green and into the rough. Ortiz surged into contention with a final day six-under round.

Marc Leishman came into the final round leading by two strokes, but posted a six-over 77 to tumble down the leaderboard into a tie for 13th.