When it comes to Olympic glory, some countries go the extra mile to reward their athletes with generous payouts that make the grueling years of training worth it.
While winning a medal is an achievement in itself, according to data from CNBC, athletes in these 13 nations can also expect hefty cash bonuses that sweeten the victory.ย
1. Hong Kong
๐ Gold: HK$6 million ($768,000)
๐ฅ Silver: HK$3 million ($384,000)
๐ฅ Bronze: HK$1.5 million ($192,000)
Hong Kong athletes are making serious bank, with a 20% increase in payouts since the Tokyo Olympics. Winning gold here could set you up for a good while!
2. Singapore
๐ Gold: SG$1 million ($745,000)
๐ฅ Silver: SG$500,000 ($373,000)
๐ฅ Bronze: SG$250,000 ($186,000)
Singapore doesnโt hold back with its million-dollar rewards. Joseph Schooling, who won gold in 2016, is the only athlete to claim this top prize so far.
3. Indonesia
๐ Gold: $345,000
๐ฅ Silver: $138,000
๐ฅ Bronze: $69,000
Coming in number 3 – Indonesian medalists get more than just money; they might also receive cows, a meatball restaurant, or even a new house. Who knew gold could taste so good?
4. Israel
๐ Gold: $270,000
๐ฅ Silver: $216,000
๐ฅ Bronze: $135,000
Israel’s athletes enjoy a significant increase in payouts from previous games, with gold medalists now earning a million shekels.
5. Kazakhstan
๐ Gold: $250,000
๐ฅ Silver: $150,000
๐ฅ Bronze: $75,000
Kazakhstan offers not just cash but also apartments to its medalists, making it a golden opportunity for their top athletes.
6. Malaysia
๐ Gold: 1 million ringgit ($216,000)
๐ฅ Silver: 300,000 ringgit ($65,000)
๐ฅ Bronze: 100,000 ringgit ($22,000)
Malaysian gold medalists might also drive away in a foreign-made car, thanks to extra incentives from private companies.
7. Spain
๐ Gold: $102,000
๐ฅ Silver: $52,000
๐ฅ Bronze: $33,000
Spain offers cash rewards to its Olympic medalists, with gold medalists receiving โฌ94,000 ($102,000), silver medalists earning โฌ48,000 ($52,000), and bronze medalists being awarded โฌ30,000 ($33,000). These payouts reflect Spain’s commitment to recognizing and rewarding the hard work and success of its top athletes on the global stage.
8. France
๐ Gold: $87,000
๐ฅ Silver: $43,000
๐ฅ Bronze: $22,000
The host nation has increased its rewards, making the Paris Games even more rewarding for French athletes.
9. South Korea
๐ Gold: $45,000
๐ฅ Silver: $25,000
๐ฅ Bronze: $18,000
South Korean athletes have the option of taking a lump sum or a lifetime pension, making their golden years just as rewarding as their athletic ones.
10. United States
๐ Gold: $38,000
๐ฅ Silver: $23,000
๐ฅ Bronze: $15,000
While the U.S. might not top the charts in payouts, its athletes still receive a decent bonus to accompany their medal.
11. Japan
๐ Gold: $32,000
๐ฅ Silver: $13,000
๐ฅ Bronze: $6,000
Japan rewards its Olympians with cash bonuses that help soften the financial blow of years of intense training.
12. Poland
๐ Gold: $25,000
๐ฅ Silver: $19,000
๐ฅ Bronze: $14,00
Polandโs silver medalists not only get a substantial cash prize but also enjoy additional perks like a painting, a holiday voucher, and even a diamond!
13. Germany
๐ Gold: $22,000
๐ฅ Silver: $16,000
๐ฅ Bronze: $11,000
Germanyโs payouts extend to the top eight finishers, ensuring that even those who narrowly miss the podium donโt go home empty-handed.
These top 13 countries show that winning an Olympic medal is not just about gloryโitโs also about securing a financial future.
While the amount varies, the message is clear: Hard work and dedication pay off, especially if youโre aiming for gold. ๐ฅ