Kentucky Derby 2024 Prize Money: Purse Payouts For for Owner, Horse & Jockey

The biggest Horse racing event in the world, Kentucky Derby 2024 is scheduled for 1st May 2024. Often termed as ‘Run for Roses’ and the ‘Most exciting 2 minutes of Sports’ in America, Kentucky Derby certainly has the best breeds of a horse running for the championship. With a substantial increment in the purse, the winner to pocket $1.86 million from the total Kentucky Derby 2024 prize money.

Kentucky Derby is the top graded horse racing event that takes place annually in Louisville, Kentucky, The 2 week event which inaugurated in 1875 traditionally takes place on the first Saturday of May, However, due to COVID 19, for the first time in history, the tournament was shifted from its original schedule.

Kentucky Derby is a Thoroughbreds racing event, for those who aren’t familiar with what is Thoroughbreds, it basically means hot-blooded horses who are agile, and fast to compete for racing. Thus the event sees the biggest and best breeds of horses with one criterion that they should be 3 years old.

Horse racing is one of the elite sports of the world and betting makes it more cash studed, but do you know what is the prize money for Kentucky Derby? Which is the highest-paid horse?

Kentucky Derby 2024 Prize Money

Kentucky Derby is the highest-paid Horsing event in the world. The total prize money for the 2-minute race is a whopping $3 million Dollars.

StandingsPurse MoneyJockey Share
Winner$1.86 million$186,000
Runner – up$600,000 $30,000
3rd Place$300,000 $15,000
4th Place$150,000 $4,500
5th Place$90,000$2,500

One thing that is really appreciable of horse racing events is the care for the horses. Yes, Kentucky Derby is no different. According to tvg, the horse gets more money than the jockey (a person riding the horse). Even the winner is not labeled as the jockey. Instead, it’s the horses who are labeled as the winner of the race.

The purse money of $3 million dollar goes to the owner of the horses and the trainer of the horses.

This year’s Derby saw Authentic winning its first derby and also a history in making as Bob Baffert won the derby as a trainer for a record 6th time. The list of winners and prize money is as follows.

FinishProgram NumberHorseTrainer Prize MoneyJockeyPrize Money
118AuthenticBob Baffert$1.86 millionJohn Velazquez$186,000
27Tiz The LawBarclay Tagg$600,000Manuel Franco$30,000
39Mr. Big NewsW. Bret Calhoun$300,000Gabirel Saez$15,000
416Honor A.P.John Shirreffs$150,000Mike E. Smith$4,500
52Max PlayerSteve Asmussen$90,000Ricardo Santana Jr.$2,500

Thus the results made Authentic the highest-paid horse in the world and Bob Baffert the highest-paid Trainer

American Triple Crown

There are many grade 1 level thoroughbred horse racing events in America. But the 3 main tournaments are Kentucky Derby, Preakness Stakes, and Belmont Stakes.

The 3 tournaments are held at an interval of 2 weeks each and they make up the American Triple crown. The horse to win all three competitions is crowned with this honour.

The prize money of these tournaments are as follows.

EventPrize MoneyCommencement
Kentucky Derby$3 million1st Saturday of May
Preakness Stakes$1.5 million3rd Saturday of May
Belmont Stakes$1 million1st Saturday of June

The 147th season of the Kentucky Derby is scheduled for Saturday, 1 May 2024 at Churchill Downs in Louisville.