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Home  /  Sports  /  Top 6 countries with a high cash reward for Olympic medal winners

Top 6 countries with a high cash reward for Olympic medal winners

by KS Arpitha
August 1, 2021
in Athletics, Sports, World
Reading Time: 3 mins read

Countries across the world are motivating and congratulating their athletes for a stellar performance in the Olympic games. Read to know what the top rewards are for Olympic medal winners across the world.

Olympic medal winners from Singapore have a real treat

Singapore Team

Olympians from Singapore have a chance of winning $737,000 if they win a gold medal at this year’s games. Moreover, the country is rewarding its silver and bronze medalists with $369,000 and $184,000 respectively.

Kazakhstan

Kazakhstan at Olympics

Kazakhstan is one of the richest Central Asian countries and the reward the country is offering their Olympic medal winners shows it. Its athletes get $250,000 for winning gold, $150,000 for a silver medal, and $75,000 for a bronze medal.

Malaysia and Italy

Olympic Medal

These two countries share the third spot on this list. Malaysia offers its athletes $236,000 (for gold), $71,000 (for silver) and $24,000 (for bronze). On the other hand, Italy gives its athletes $213,000 (for gold), $107,000 (for silver) and $71,000 (for bronze).

Hungary

Olympic Medal

Fourth on this list is Hungary. This European country rewards its medalists with a cash prize of $168,000 for winning gold, $126,000 for winning silver, and $96,000 for winning a bronze medal.

India

Mirabai Chanu

India stands fifth on this list. The Indian Olympic Association (IOA) has fixed cash prizes for athletes at $100,834 for winning gold, $53,778 for silver, and $33,611 for winning a bronze medal.

Brazil and Japan

These two countries share the sixth spot by giving their athletes $49,000 and $45,000 respectively for winning gold. Additionally, Brazil gives its athletes $29,000 for winning second and $20,000 for coming third. On the other hand, Japan gifts its winners $18,000 for winning silver and $9,000 for winning the bronze.

Lastyly, Olympic medal winners from the USA

Team US

The United States is almost on the top of the medal tally at almost all Olympic games. The country’s medalists win a cash prize of $37,500 for winning the gold medal. Athletes who take home silver and bronze medals get $22,500 and $15,000 each.

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