Woods, who has won three events in just five starts on the 2013 US Tour, is scheduled to tee off at 10:45 (15:45 UK time) in Thursday's opening round at Augusta National.
Though world number one Woods has not triumphed at the Masters since 2005 and is hunting his first Major crown in five years, he has been installed as a 4/1 favourite.
"It will be very special. There has only been one other person who has won more than four - it will be nice to break out that tie with Arnold Palmer there," Woods told Eurosport's Alexia Horsham.
"This event is just something that is in the history of the game. Every great player that ever played has played here. It's the same venue, it's the first Major every year and we play the same golf course every year so it's so special."
Fellow American Phil Mickelson, a three-times Masters winner, will launch his bid for a fifth Major title in the company of South African Louis Oosthuizen and Germany's former world number one Martin Kaymer.
Left-hander Mickelson and his playing partners start at 13:30 (18:30 UK time) on Thursday.
Northern Irish world number two Rory McIlroy, American Keegan Bradley and Swede Fredrick Jacobson will tee off one group after Mickelson, Oosthuizen and Kaymer.
In other groupings, defending champion Bubba Watson will set off with Britain's Ian Poulter and US amateur champion Steven Fox while 2011 winner Charl Schwartzel of South Africa has been paired with US Open champion Webb Simpson and Swede Peter Hanson.
First off at 8am local time, following ceremonial tee shots by golfing greats Arnold Palmer, Jack Nicklaus and Gary Player, will be 1988 Masters champion Sandy Lyle of Britain and Americans John Peterson and amateur Nathan Smith.
Pairings - all times UK (Augusta, Georgia is five hours behind)
Round 1/Round 2
1PM/3:56PM: Sandy Lyle, John Peterson, Nathan Smith (a)
1:11PM/4:07PM: Larry Mize, Brian Gay, Russell Henley
1:22PM/4:18PM: Ian Woosnam, David Lynn, Kevin Na
1:33PM/4:29PM: David Toms, Richard Sterne, Ted Potter Jr.
1:44PM/4:40PM: Tom Watson, Ryan More, Kevin Streelman
1:55PM/4:51PM: Robert Garrigus, Carl Pettersson, Tim Clark
2:06PM/5:13PM: Mike Weir, Lee Westwood, Jim Furyk
2:17PM/5:24PM: Brandt Snedeker, Ryo Ishikawa, Justin Rose
2:28PM/5:35PM: Jose Maria Olazabal, Merc Leishman, T.J. Vogel (a)
2:39PM/5:46PM: Charl Schwartzel, Webb Simpson, Peter Hanson
2:50PM/5:57PM: Zach Johnson, K.J. Choi, Graeme McDowell
3:12PM/6:08PM: Michael Thompson, John Huh, John Senden
3:23PM/6:18PM: Stewart Cink, Nicolas Colsaerts, Thaworn Wiratchant
3:34PM/6:30PM: Bubba Watson, Ian Poulter, Steven Fox (a)
3:45PM/6:41PM: Tiger Woods, Luke Donald, Scott Piercy
3:56PM/6:52PM: Jason Day, Rickie Fowler, Padraig Harrington
4:07PM/1PM: John Merrick, Thorbjorn Olesen, D.A. Points
4:18PM/1:11PM: Craig Stadler, Ben Curtis, Michael Weaver (a)
4:29PM/1:22PM: Mark O’Meara, Martin Laird, Jamie Donaldson
4:40PM/1:33PM: Paul Lawrie, Thomas Bjorn, Gonzalo Fernandez-Castano
4:51PM/1:44PM: Trevor Immelman, George Coetzee, AlanDunbar (a)
5:13PM/1:55PM: Ernie Els, Steve Stricker, Nick Watney
5:24PM/2:06PM: Ben Crenshaw, Matteo Manassero, Tianlang Guan (a)
5:35PM/2:17PM: Bernhard Langer, Lucas Glover, Henrik Stenson
5:46PM/2:28PM: Vijay Singh, Bo Van Pelt, Y.E. Yang
5:57PM/2:39PM: Angel Cabrera, Sergio Garcia, Adam Scott
6:08PM/2:50PM: Fred Couples, Dustin Johnson, Branden Grace
6:19PM/3:12PM: Hunter Mahan, Kiroyuki Fujita, Francesco Molinari
6:30PM/3:23PM: Phil Mickelson, Louis Oosthuizen, Martin Kaymer
6:41PM/3:34PM: Rory McIlroy, Keegan Bradley, Fredrik Jacobson
6:52PM/3:45PM: Jason Dufner, Matt Kuchar, Bill Haas
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- Arnold Palmer