Besides chewing on their medals and accepting those weird statues, top athletes usually earn prize money from their country's Olympic committee. Many countries reward medalists with bonus money. The United States Olympic Committee's Operation Gold rewards medalists with $25,000 for a gold, $15,000 for a silver and $10,000 for a bronze. List of prize money awarded to some Olympic medalists. ... which has never won Olympic soccer gold despite the country… For the top countries participating in this year’s Rio Summer Olympics, a gold medal can fetch a handsome reward. A total of US$310,000 in prize money will be awarded by the IAAF to the leading runners in the senior races at the IAAF World Cross Country Championships Kampala 2017 on Sunday 26 March. However, one thing most Olympians don’t have going for them is a lot of money. The International Mathematical Olympiad (IMO) is a mathematical olympiad for pre-college students, and is the oldest of the International Science Olympiads. Winners of the individual men's and women's races will each earn US$30,000, with money … Check out the video above to see what countries are promising the biggest payouts (among other incentives) for gold medals won in the 2016 Olympic games in Rio de Janeiro. For … The Turkish Ski Federation soon completes the countries first Rollerski track that has been constructed in cooperation with Gerede Municipality. Prize money. The first IMO was held in Romania in 1959. Athletes can receive multiple awards in Olympic … U.S. Olympians, for example, will earn $37,500 for each gold medal they win this year, $22,500 for each silver and $15,000 for each bronze. List of prize money awarded to some Olympic medalists. It has since been held annually, except in 1980. Some are awarded cash prizes by their respective local Olympic committees or governments. Also, sometimes private businessmen will match values given, such as in Armenia where a man donated $700,000 to be added to the cash given by the Olympic committee for medals. While Michael Phelps has a net worth $55 million , most Olympic athletes struggle to pay for … Serbian tennis star Djokovic earned $55.8 million over the last 12 months from prize money, endorsements and appearance fees. It is located in the Gerede Arkut Ski Center where the Ski Federation has been organizing FIS Balkan COC Cup finals in Cross-Country skiing for several years.