
Along with the prestige, the winner also receives a gold trophy, a blanket of roses for the horse and a pretty substantial payday.
LOUISVILLE, Ky. — The 152nd running of the Kentucky Derby is this Saturday, May 2. Horses, jockeys and owners are looking to write their names in the record books with a win. Along with the prestige, the winner also receives a gold trophy, a blanket of roses for the horse and a pretty substantial payday.
According to the Kentucky Derby, in 2024, the purse for the race was elevated to a guaranteed $5 million. That money is split between the top five finishers of the race. “These record purse increases are a symbol of the health of horse racing in Kentucky,” said Bill Carstanjen, CEO of Churchill Downs Incorporated.
The $5 million purse remains the standard for the 2026 running of the race.
How much do the top five finishers get?
With the $5 million total purse up for grabs, here is how it is broken down between the top finishers.
- 1st place: $3.1 million
- 2nd place: $1 million
- 3rd place: $500,000
- 4th place: $250,000
- 5th place: $150,000
How are the winnings divided?
The $3.1 million first-place prize is not kept entirely by the horse’s owner. Industry agreements typically allocate an 80/10/10 split. Here are the estimated breakdowns:
- Owner: Approximately 80% ($2.48 million)
- Trainer: 10% ($310,000)
- Jockey: 10% ($310,000)
These numbers can vary slightly based on specific contracts, but the 80/10/10 split is typical.
Owners are on the hook for several upfront costs, including a $25,000 entry fee and several other fees ahead of the race.
How does the purse compare to the other legs of the Triple Crown?
The $5 million purse at Churchill Downs is by far the largest of the other Triple Crown races. The purses for both the Preakness Stakes and Belmont Stakes are both $2 million.
Historical context
The Derby purse has grown substantially over the decades. Here is the breakdown:
- 2024–present: $5 million guaranteed ($3.1M to winner)
- 2019–2023: $3 million guaranteed ($1.86M to winner)
- 2005–2018: $2 million guaranteed
- Earlier eras featured significantly smaller purses, with the race offering just $1,000-added in its inaugural 1875 running.