While neither the men’s nor the women’s Olympic golf tournaments offer a purse, the 120 combined players could earn a lot of money from their home countries for winning a gold, silver or bronze medal in Rio de Janeiro.
Here’s a look at how much select countries pay their Olympic gold medalists:
- United States: Americans earn $25,000 per gold medal, while the U.S. Olympic Committee pays $15,000 for silver medals and $10,000 for bronze. Then the medalists have to pay taxes on said money.
- Great Britain: The British crown doesn’t pay their gold medalists any money. However, they do get their face on a stamp, which is nice.
- South Africa: A gold medalist earns approximately $36,000.
- China: A gold medalists earns approximately $31,500.
- Canada: A gold medalist earns approximately $15,000.
- Australia: A gold medalist earns approximately $15,000.
- Thailand: A gold medalist reportedly receives 10 million baht for a gold medal, which is approximately $288,000. A silver medalist gets 6 million baht, or approximately $173,000. It’s all paid out over 20 years.
- South Korea: A gold medalist receives 60 million won, or about $54,000, while silver medalists earn 30 million won (approximately $27,000) and bronze medalists win 18 million won (approximately $16,000). Male gold medalists are also exemption from otherwise required two-year military conscription.
- Germany: A gold medalist is paid approximately $25,000.
- Norway: A Norwegian gold medalist isn’t paid for their victory.
- Sweden: A Swedish gold medalist isn’t paid for their victory.