Full 2024 Prize Money Breakdown – NBC New York

A major horse racing title isn’t the only thing up for grabs in the 2024 Belmont Stakes.

The final leg of the Triple Crown at Saratoga Race Course in Saratoga Springs, NY, this weekend will also feature a multi-million dollar purse reserved for the top eight finishers in the 10-horse race.

The 2023 Belmont champion Arcangelo earned an $800,000 first-place payout and the winning prize has surpassed the $1 million mark for this year’s race.

Exactly how much money is involved in winning the Belmont and how does this compare to the first-place payouts in the Kentucky Derby and Preakness Stakes? Here’s what you need to know before Belmont’s starting gates open on Saturday:

What is the 2024 Belmont Stakes purse?

This year’s Belmont has a purse of $2 million, which is an increase from 2023’s $1.5 million.

How much money will the 2024 Belmont Stakes winner make?

The difference in prize money between first and second place in the Belmont 2024 is considerable. The first place payout is $1.2 million, more than half of the total amount, while second place carries a $360,000 prize.

Full breakdown of 2024 Belmont Stakes prize money

Here’s a full breakdown of the Belmont payouts by finishing position:

1st: $1.2 million

2nd: $360,000

3rd: $200,000

4th: $100,000

5th: $60,000

6th: $40,000

7th: $20,000

8th: $20,000

How much money does the winning Belmont jockey make?

The owner of the winning horse typically receives 80% of the prize money ($960,000 in 2024), while the jockey and trainer each receive a 10% share ($120,000 each in 2024), according to TwinSpires.

How much money did the Kentucky Derby winner make in 2024?

Last month’s Kentucky Derby had a record $5 million, which was divided among the top five finishers. Mystik Dan’s photo-finish triumph earned a $3.1 million prize, while second-place Sierra Leone earned a $1 million prize.

How much money did the 2024 Preakness Stakes winner make?

The 2024 Preakness Stakes, meanwhile, featured the same purse ($2 million) and first prize ($1.2 million) as this year’s Belmont. However, only the top five of the eight-horse Preakness earned a share of the prize money.

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