How much prize money will the winner get in 2023
Check out the Kentucky Derby prize money break down.
On Saturday at Churchill Downs, the 149th Kentucky Derby honoured a new champion and the race for the Triple Crown begins.
Kentucky Derby 2023 winner prize money purse pool breakdown
Jockey Javier Castellano finally won the Kentucky Derby after 15 tries as Mage came from behind to capture the crown, surpassing Two Phil’s down the stretch and holding off favorite Angel of Empire to earn the victory.
Because the Kentucky Derby is regarded as having the “most exciting two minutes in sports,” an absurd sum of money is bet on it. The race’s winner and runner-up will each get payment.
No, horses cannot support themselves independently. However, the owners of the horses receive significant compensation depending on how well they do in the race.
Forte (+300) was the Derby betting favourite, followed closely by Tapit Trice (+500) and Angel of Empire (+800).
The Kentucky Derby payout in 2023 is covered in full here, along with a complete list of the prizes.
What is the Kentucky Derby purse in 2023?
The Kentucky Derby purse is $3 million this year, which is the fifth consecutive year.
How much money does the Kentucky Derby winner bag?
The winner of the Kentucky Derby in 2023 will get more than $1.86 million, or more than 60% of the total purse.
Kentucky Derby prize money breakdown for 2023
The top five finishers on Saturday will also receive some of the prize money, but the winner will take home more than half of it.
|Place||Prize Money||Percentage of purse|
|1||$1.86 million||60 percent|
Kentucky Derby prize money compared to other Triple Crown races
By awarding twice as much in prize money as the Preakness Stakes and Belmont Stakes combined, the Kentucky Derby has the largest reward pool of the Triple Crown races.
|Race||Date||Purse (2022 figures)|
|Kentucky Derby||May 6, 2023||$3 million|
|Preakness Stakes||May 20, 2023||$1.5 million|
|Belmont Stakes||June 10, 2023||$1.5 million|
At Churchill Downs on Saturday, Mage prevailed in the 149th Kentucky Derby. In addition to a six-pound gold trophy and a bouquet of roses, and will receive a $1.86 million award.
The day was marred by the death of two horses. Freezing Point and Chloe’s Dream were eliminated after competing earlier in the day. Over the course of the week, seven horses perished at the illustrious track.