What did the Olympians get for the medals? From $ 0 to $ 746 thousand

Do you want to know if the efforts of athletes who achieve the highest results in the Olympic Games and World Championships are adequately rewarded?

Are you wondering how much money they can count on after retirement? Compare the income of Olympic champions in different countries.

State awards for winners

Olympic champions are paid prizes from various sources:

  • from the federal government;
  • from the region that the medalist represents;
  • from sports funds and federations;
  • from sponsors and advertisers.

At the state level, the Olympians are paid:

  • for the gold medal - RUB 4,100,000. ($61396);
  • for a silver one - 2600000 ($37436);
  • for the bronze - 1720000 ($25756).


In addition to monetary rewards, athletes are presented with cars in accordance with their places in the competition:

  1. BMW X6 - worth 5,100,000 rubles. ($ 76,370).
  2. BMW X5 - 4,100,000 ($ 61,346).
  3. BMW X4 - 3,600,000 ($ 53,908).

The table shows the income of some Olympians at the Pyongyang Games:

Kind of sport Achievements Revenue in RUB mln Revenue in
A. Bolshunov skis 3 silver, 1 bronze 9,25 138515
D. Spitsov — / — 2 silver, 1 bronze 6,71 100329
A. Zagitova figured cat. gold + silver 6,51 97335
E. Medvedeva — / — 2 silver 5,15 76370
A. Larkov skis silver + bronze 4,21 62893
Y. Belorukova — / — 2 bronze 3,39 50913
E. Tarasova figured cat. silver 2,61 38934
N. Nepraeva skis bronze 1,72 25756
N. Voronina skates — / — 1,72 — / —
S. Ridzik freestyle — / — — / — — / —

The members of the Olympic ice hockey team received 4210000 rub... per gold medals. But all these payments are only part of the income of each athlete.

Regional bonuses

Each Olympian represents up to three regions.

High achievements in competitions are assessed in accordance with the policy of local authorities (in thousand $):

Top places
1 2 3
Kemerovo region. 290 145 58
Khanty-Mansi Autonomous Okrug 202 145 87
St. Petersburg 145 72 43
Tyumen region 101 72 43
Perm Territory 87 72 58
Krasnodar region 58 43 29
Moscow region 29 20 14
Irkutsk 14 12 9
Vologda 10 9 7

In addition to this, the regional authorities donate comfortable apartments to the Olympians.

The strongest have arrived

At the Olympics in Pyongyang, Russian figure skater Alina Zagitova received:

  • state award - 6,510,000 rubles. ($ 97335);
  • prize from the city of Moscow - 6,510,000;
  • from Izhevsk - 2,510,000 ($ 37,436);
  • a BMW X6 worth 5,100,000 ($ 74,873).

The total income was about 20.6 million rubles. ($306978).


Tyumen athletes A. Bolshunov and D. Spitsov, for winning cross-country skiing, earned:

  • from the Government of Russia - 6,750,000 rubles each. ($ 101078);
  • from your region - 7,100,000 each ($ 106,318);
  • each of them got a car worth 3.1 million ($ 44,924).

As a result, the Olympians earned 16.85 million ($ 252,321), and this does not include advertising revenue and sponsorship awards.

Beijing Games 2012

The freestyle and Greco-Roman wrestlers were pleased with the special successes.

They became Olympic winners and millionaires:

  • I. Albiev (Greco-Roman) - 36,320,000 rubles. ($ 543875);
  • B. Saytiev (free) - 32810,000 ($ 491,314);
  • A. Khushtov (Greco-Roman) - 2,370,000 ($ 355,046);
  • Sh.Muradov (free) - 22,650,000 ($ 339,173);
  • M. Batirov (freestyle wrestling) - 22,650,000.


Additionally, each of them received:

  • 100,000 euros each from the Government of Russia;
  • $ 500,000 each from R. Kadyrov or S. Kerimov;
  • an apartment in your region;
  • automobile BmwX5 from the Olympians Support Fund under the leadership of D. Medvedev.

Regular income

Outstanding athletes receive monthly financial support from the state:

  1. The main income of athletes is the salary from the CSP. Its size depends on the current achievements of each Olympian. Up-and-coming young winners of the Games receive up to RUB 60,000 / month($ 898). Winners of the Games and World Championships are paid 120000 ($ 1,797) clean hands.
  2. Regional salaries - from 15 to 30 thousand ($ 225 - 449).
  3. Sports communities - CSK and " Dynamo»Pay outstanding Olympians 40,000 ($ 599).
  4. Governor's scholarships - from 10 to 15 thousand ($ 150 - 225) monthly.
  5. Presidential scholarship - 32,100 ($ 480).
  6. The Olympians Support Fund, sponsored by the country's most influential businessmen, pays:
  • world champions - 90.1 thousand rubles each. ($ 1348);
  • for the second place - 60,000 ($ 898);
  • to the winners of the European Championship - 50,000 ($ 749) per month.

The table shows the monthly income of athletes:

Olympiad Champions Prize-winners (2nd - 3rd place)
RUB USD RUB USD
DSP 120100 1798 100200 1500
From regions 32000 479 24000 359
Sports community 41000 614 31000 464
Governor's scholarship 16000 240 16000 240
Presidential scholarship 33000 494 33000 494
FPO 91000 1363 61000 913
Total 533000 4988 265200 3971

Hockey players and footballers - on a special account.

Their salaries are the envy of colleagues in other sports.

The table shows the salary of the Russian national hockey team for the year:

The rest of the fighters earn about 100 million rubles. ($1493795).


Summer Olympics World Champions 2012 received by RUB 300,000... ($ 4481) monthly. Before 8 months in the year, athletes are at the training camp. During this time, they are fully supported by the state, including equipment and medical care.

Additional revenue

There are at least three additional sources of income for the Olympians:

  1. Participation in commercial competitions where victory can generate up to $ 10,000 in income. Most of it goes to paying taxes, as well as the salaries of managers and coaches. But such competitions help athletes maintain their shape during the offseason.
  2. Personal advertising and sponsorship contracts, the amount of which is almost impossible to find out.
  3. Regional incentives in the form of apartments, cash prizes or cars.

How do they live on a well-deserved rest?

Sports career lasts from 10 to 20 years old... After its completion, the Olympians continue their normal work activities. Some become coaches, while others completely change the field of activity.

They retire in accordance with the law of the Russian Federation:

  • women at 55;
  • men - at 60.

The amount of the pension depends on the place of work and the salary.


When calculating it, take into account:

  • general length of service;
  • number of retirement points;
  • the amount of deductions in FIU from employers;
  • average salary for the entire period of employment;
  • additional material support ( DMO), which is appointed for special services to the Motherland for life, by decision of the local authorities.

Arrived in other countries

In Europe, Olympic champions are not paid at all. They achieve high results fighting for the honor of their country. Asian governments assign a certain amount of money, but pay it over 20 years.

The table shows the income of the Olympians in the CIS countries:


According to the order of the government of the Russian Federation dated January 30, 2016, Russian athletes for their achievements at the Olympic Games in Rio de Janeiro will receive the following monetary awards from the state: for gold - 4 million, for silver - 2.5 million, for bronze - 1 , 7 million rubles.

Compared with the prizes for achievements at the Winter Games in Sochi, these amounts are fully consistent with those that will be awarded for achievements at the Olympics in Rio.

How much do other states pay?

As for the prizes that other states will pay to their athletes, in the United States the reward for a gold medal is 25 thousand dollars. In China, about 50 thousand dollars will be paid for gold. In Germany, the winner of the Olympics will be paid about 19.5 thousand dollars. But in Great Britain there is no official prize for winning the Olympics (but advertising contracts in foggy Albion will ensure a comfortable existence for the champion until the end of his life - Author's note), however, as well as in Norway, Sweden, Croatia and New Zealand.

But Azerbaijan will pay the gold medalist of the past Olympic Games - 510 thousand dollars. The silver medal will enrich its owner by $ 255,000, and the bronze medal by $ 130,000. In Thailand, the winner of the Games will receive 314 thousand dollars, and in the Philippines - about 237 thousand dollars. In Kazakhstan, the winner of the Olympic Games will receive 200 thousand dollars from the state. In addition, distinguished Kazakh athletes will receive keys to three-room apartments. Kyrgyzstan will also pay 200 thousand dollars to the gold medalist.

Italy and Uzbekistan, which promised the champions 180 and 150 thousand dollars, respectively, will not spare money for their winners. But in Ukraine, the Olympic champions will receive 125 thousand dollars each. In addition, Ukrainian winners and prize-winners will receive apartments and cars. The prize money for the gold medal in Belarus will be 150 thousand dollars, 75 thousand - for the “silver” and 50 thousand for the “bronze”.

It is worth noting that in Thailand and the Philippines, the winner does not receive the entire amount in full. It is paid to him over 20 years in equal monthly installments. That's about $ 1,300 a month in Thailand and about $ 987 a month in the Philippines.

Awards from regions and sponsors

Government awards are not the only source of prize money for Olympic winners. So, in Russia the regions of the country also establish their prizes. For example, the Omsk regional authorities will pay an additional 3 million rubles to the gymnast Vera Biryukova for gold in the team all-around rhythmic gymnastics, Rossiyskaya Gazeta reports. For silver, athletes from Omsk will be awarded 1.5 million rubles, and for bronze - one million rubles. In addition, all participants in the Games from this region will receive an additional 100 thousand rubles.

Russian cyclist Olga Zabelinskaya will receive a prize of 1.5 million rubles from the authorities of the Leningrad Region for the silver won. The mayor of Magas (Ingushetia) and the head of the republic, Yunus-bek Yevkurov, will give an apartment to the Olympic champion in judo in the weight category up to 81 kg Khasan Khalmurzaev.

In turn, the head of Dagestan Ramazan Abdulatipov will present the Akhal-Teke horse to the Dagestani wrestler Abdulrashid Sadulayev for Olympic gold.

And here is what the Prime Minister of Dagestan Abdusamad Gamidov told Sadulayev about monetary prizes and awards: “There is an Olympic program in Dagestan, which clearly states that the winner of the Olympics and his personal trainer receive 100 thousand dollars from the republic - this is the minimum. Separately, it will be encouraged by the Republic Wrestling Federation. In addition, he is eagerly awaited with gifts in his native Charodinsky district. Also, some fellow countrymen and a number of sponsors will certainly make him great gifts from themselves - this is always accepted with us. Sadulayev deserves it. Moreover, he is not just a worthy, courageous athlete, but also a very modest, decent, well-mannered person. "

Speaking of gifts, it is worth noting that at one time a Dagestan businessman, head of the Summa company Ziyavudin Magomedov presented Sadulayev with the latest model for winning the European Games in Baku. In addition, Sadulayev's fellow countrymen, brothers Magomed and Akhmed Gadzhiev, presented him with a Toyota Land Cruiser 200 jeep.

After another victory in the USA, the famous Dagestan UFC fighter Khabib Nurmagomedov received a present in the form of a Mercedes-McLaren car from the co-owner of the Russian company Fight Nights Ziyavudin Magomedov.

For the victory in the European Championship by the Olympic champion Sagid Murtazaliev, the Dagestan freestyle wrestler Abdusalam Gadisov was awarded with a foreign car Toyota Lend Cruiser 200 at the expense of the Fund to support the Dagestan freestyle wrestling team.

But judoka Beslan Mudranov, who brought Russia the very first gold medal at the 2016 Olympics, will receive a prize of 2 million rubles from the Krasnodar Territory. For the second place, residents of this region will be awarded an amount of 1.5 million rubles, and for the third place - one million rubles.

In addition, Olympic medalists can count on prize money from both personal and team sponsors. At the same time, the winners of the Olympics also usually receive additional fees from the Russian Olympians Support Fund, which is sponsored by famous billionaires. As a rule, the organization gives the winners cars, apartments and other valuable gifts.

Life Scholarship

I would like to note that, in addition to the premium, all Russian athletes who won gold at the Olympics will receive a lifetime monthly scholarship, the amount of which is 32 thousand rubles. It is planned that similar payments will be introduced in relation to the silver and bronze medalists of the Olympic Games.

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All athletes who win Olympic medals at the 2016 Games in Rio de Janeiro will not remain in their homeland without various incentives, including financial ones. However, the size of the bonus payments is very different in different countries. The prize money for the winners of the Olympic Games is not at all a novelty, even in ancient Greece, the winners of the Olympics enjoyed certain privileges in society: the champions were paid 500 drachmas, they were carved a marble monument in full height, and until the end of their days they were fed free of charge in public canteens and were allowed to enter the front rows. theaters, for example in Olympic Athens. The ban on monetary awards for Olympic medals was lifted by the International Olympic Committee back in the early 1980s. And since then, a real race for financial awards has begun.

Their size in many countries is constantly increasing, however, at the same time, many economically developed countries of the world, like Great Britain or Norway, do not pay their athletes anything.

How much is paid for Olympic medals in different countries of the world?

In the United States, since 1984, they have not changed the amount of Olympic medal awards for their athletes, and only $ 25 thousand are paid to gold medalists.Therefore, for example, if athletes from the US Olympic swimming team want to make money at the 2016 Games, they will have to win several medals at once as Michael Phelps successfully does.

Poland

$ 38 thousand for "gold", $ 25 thousand for "silver", $ 16 thousand for "bronze".

The Olympic champions of Poland can still count on sponsorship gifts in the form of budget cars, for example, the KIA brand. It should be noted here that in many cases the preparation for the Games is carried out by athletes practically at their own expense.

Belarus

The prize money for the gold medal in Belarus will be 150 thousand dollars, 75 thousand - for the “silver” and 50 thousand for the “bronze”. A huge bonus for the Olympians is that the costs of preparing for the Games are fully covered by the state, and in the event of winning Olympic medals, athletes can additionally count on an Olympic scholarship paid for 4 years.

At the 2012 London Games, the Belarusian team won 12 medals, two of them were gold.

Russia

In January 2015, Russian Prime Minister Dmitry Medvedev signed a decree setting the amount of prize money that Russian athletes will receive for their achievements at the Rio 2016 Olympics. Gold medalists will receive 4 million rubles each (~ 60 thousand dollars), silver - 2.5 million rubles (about $ 37 thousand), bronze - 1.7 million rubles ($ 25 thousand).

Let me remind you that at the previous Olympic Games, which were held in 2012 in London, the Russian team won 82 awards (24 gold, 25 silver, 33 bronze).

Ukraine

Prize fees for the medals of the 2016 Olympics for Ukrainian athletes will be as follows: the owner of the "gold" will receive from the state $ 125 thousand, $ 80 thousand - for the "silver" and $ 55 thousand - for the bronze award. By the way, despite the very good financial incentives for Olympic medals, most of the athletes from Ukraine play for other countries, after passing the naturalization procedure.

China

Chinese athletes will receive $ 50,000 from their Olympic Committee for a gold medal, $ 25,000 for a silver medal and $ 15,000 for a bronze medal. By the way, at the past Olympiads, China did not pay any awards to athletes for silver and bronze awards, but they were guaranteed life-long employment in Chinese sports departments or local provinces.

Thailand

The Thai Olympic Champion is entitled to an amount of $ 314,000, but it will be paid in monthly installments over 20 years.

Germany and Austria

Such economically developed countries of Europe as Germany and Austria, the gold medals of their Olympic champions are estimated at only 20 thousand dollars.

UK, Norway, Sweden, Croatia

These countries do not pay anything at all to their Olympic champions and winners of the Games. The explanation is simple: the country's budget goes to the development of children's and youth sports, as well as to popularize a healthy lifestyle among citizens. Well, the Olympians are people like everyone else.

Well, do you know how much the Olympic medals of Rio de Janeiro 2016 cost themselves?

Gold Medal - $ 600 (it consists of 1% gold, 92.5% silver and 6.16% copper)

Silver medal - $ 325 (mostly silver)

Bronze Medal - $ 3 (97% copper and 2.5% zinc and 0.5% tin)

The Olympic Games in Rio de Janeiro will be held from 5 to 21 August 2016, the Paralympic Games from 7-18 September 2016, while the governments of different countries, meanwhile, are calculating the prize money for their athletes.




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It took a swimmer from Singapore Joseph Skooling 50.39 seconds to make history. At the 100m butterfly in Rio, he overtook the undefeated Michael Phelps, set a new Olympic record and won a gold medal. The first in the history of Singapore. In addition to the status of a national hero in his homeland, the award of the highest standard allowed Skooling to make good money. Singapore ranks in the top three countries with the most generous awards for its Olympians. The 21-year-old swimmer, whose parents were forced to sell their house to pay for their son's training program, will receive $ 746,000 for the victory, reports CNN.

Xu Shujing

Taiwan became the leader in payments to the Olympians according to the results of the Games in Rio. The local authorities have estimated the gold medal at almost a million dollars. True, they will have to pay $ 952 thousand only to one athlete - weightlifter Xu Shujing. And the three most generous countries were closed by Azerbaijan. Radik Isaev, who became the only Olympic champion in Rio and won an award in taekwondo competitions, will receive $ 510,000 in prize money from the country, reports Town & Country Magazine.


Radik Isaev

Athletes from the former Soviet republics also did not lose after the Games in Rio. Moreover, the prize gold medalists from Kazakhstan ($ 200 thousand), Kyrgyzstan ($ 200 thousand), Latvia ($ 190 thousand), Uzbekistan, Belarus and Ukraine ($ 150 thousand each) turned out to be several times more than that of Russia. informs Voice of America.

The path of Russian athletes to the Games in Rio was not easy. After all the athletes were suspended (only long jumper Daria Klishina was allowed to the Olympics), the full team was one step away from being removed from the Olympics. A few days before departure to Rio International Olympic Committee decided to admit Russian athletes to the Games. As a result, the national team managed to take fourth place in the overall team standings and win 19 medals of the highest dignity, for each of which their holders will receive about $ 60 thousand. ... In dollars, the amount has decreased significantly. But, despite this, it turned out to be not the lowest.

The size of the prize money, which athletes from the United States receive for Olympic gold, has not changed since 2002 and is $ 25 thousand, reports Forbes... At the same time, American athletes are still forced to pay taxes from monetary awards, the amount of which can reach 35% of the amount. However, athletes do not complain. For five gold medals and one silver won in Rio, swimmer Michael Phelps will receive $ 140,000, and gymnast Simone Biles - $ 110,000 for four golds and one bronze. And this is not the limit. In addition to the US Olympic Committee, athletes are also paid prizes by specialized sports organizations. For example, USA Swimming gives an additional $ 75 thousand for gold and $ 50 thousand for a new record.


Michael Phelps

Athletes from the Middle Kingdom return from Rio with the lowest number of gold medals in the last 20 years, writes The wall street journal... In the team event, they lost not only to the United States, which won 46 awards of the highest standard, but also gave way to the team from Great Britain. True, unlike British athletes, the Chinese will still receive prize money. For each gold medal, the DPRK authorities will pay athletes $ 31.4 thousand.

While some athletes decide how they will spend their earned Olympic fees, other athletes are deprived of these worries. The Olympic Committees of Great Britain, Sweden, Norway and Croatia do not pay prize money. But this did not stop the British athletes: the games in Rio were extremely successful for them. In the team event, the UK team finished second and are bringing home 27 gold medals from Brazil.

The Winter Olympics in South Korean Pyeongchang are in full swing. At the moment, American athletes have 16 awards (6 gold, 4 silver and 6 bronze). In addition to fame, athletes will receive cash awards. We invite you to find out how much and how US Olympic medalists earn, and how champions are evaluated in other countries of the world.

How much?

For each gold medal, American athletes receive $ 73.5 thousand from the US Olympic Committee, $ 22.5 thousand for a silver medal, and $ 15 thousand for a bronze medal, writes Time.

Thus, at the moment, the Olympic Committee must pay American athletes for achievements in Pyeongchang $ 621 thousand ($ 441 thousand for gold, $ 90 thousand for silver and $ 90 thousand for bronze).

This is nothing compared to the Olympic payout from the 2016 Summer Olympics, when American athletes won a total of 121 awards and the Olympic Committee had to pay them $ 2.085 million ($ 1.150 million for gold, $ 555 thousand for silver and $ 380 thousand for bronze). Although then the prices were lower, and for each gold medal, American athletes received $ 25 thousand, for a silver one - $ 15 thousand, for a bronze one - $ 10 thousand.

But there is still a whole week before the end of the 2018 Winter Olympics, so the athletes still have time to improve their results this year.

According to the current rates at that time, the most titled athlete in the world, who has held this title since 2016, swimmer Michael Phelps from 2004 to 2016 received $ 640,000 from the Olympic Committee (23 gold, 3 silver and 2 bronze medals), the Miami Herald calculated.

But this is only from the Olympic Committee. Swimmers also receive awards from specialized sports organizations, and USA Swimming- one of the most generous. She gives an additional $ 75 thousand for gold, as well as $ 50 thousand for setting a new record. That is, for participation in the Olympics, Phelps earned about $ 1 million.

Phelps became the main star of the 2016 Summer Olympics, but 2018 also boasts several Olympic heroes and colorful stories.

Not giving up makes athletes great

Figure skating champion Alena Savchenko went to the gold medal for more than 20 years and 5 Olympiads, writes.

Her Olympic debut took place in Salt Lake City in 2002 , then the skater still played for Ukraine, after that there were Turin-2006 and Vancouver-2010, already for Germany, as well as the Olympic Games in Sochi in 2014. All these tournaments Savchenko finished, getting no higher than third place. But she did not give up, and at 34, when many no longer go on the ice, having changed three partners, Alena, under the flag of Germany, rose to the highest step of the champion podium, thanks to a successful performance in tandem with Bruno Masso.

“I love to fight, and when I perform, I experience incomparable pleasure. I still experience this inner delight with emissions. Sometimes I even scream in the air, it is so breathtaking, ”Alena admitted in an interview.

Savchenko was born into a large family of teachers in the city of Obukhov in Ukraine, at the age of 3 she asked her parents for skates for her birthday. The girl's sports career always ran into many bureaucratic problems: it was difficult for her to find an equal talent partner in Ukraine. Together with Stanislav Morozov, she became the world champion among juniors in 2000, and then the search for a new partner began, writes Elle.

She had to start all over again more than once. At her first Olympics in Salt Lake City-2002, Savchenko still skated for Ukraine and took 15th place with Stanislav Morozov. Then for a long 10 years in her life there was a partner Robin Sholkovy - and in May 2003 Alena went to Germany. In 2004, in their very first season, the Savchenko and Sholkovs won the German championship. The following season, they finished fourth at the European Championships and sixth at the World Championships. Savchenko received German citizenship. In Turin, they were sixth.

The sports merits of the Savchenko-Sholkovs pair are quite impressive: 5 times world champions, twice bronze at the Olympics. But Alena's manic stubbornness did not subside over the years. She dreamed of a gold medal. In the end, Robin could not resist. Gold at the Games remained an unfulfilled dream, but tormented by ambition and eternal third places, the Sholkovs left the sport and took up a coaching career.

At the moment when everyone put an end to Alena's career, she suddenly finds a new partner - a powerful guy, a Frenchman named Bruno Massot. For a long time, the French figure skating federation did not want to let their athlete go to Germany. But he took a chance.

It is still a mystery how she managed to see such a huge potential in him. In fact, it was she, Alena Savchenko, who has recently been called the "great" skater, who raised this guy into a real star.

Young Goddess of Snowboarding

17-year-old snowboarder Chloe Kim wanted to go to the American team for the 2014 Winter Olympics, but she was not accepted due to her too young age (she was then 13 years old).

Her Olympic debut was not just successful, but historic - the 17-year-old girl entered the list of the best snowboarders in the world, writes.

Before that, the girl had already won the Olympic Games for juniors and other specialized champions. She is especially proud of the victory in Pyeongchang, not only because these are the Olympic Games, but also because they were held in her home country - it was from South Korea that her parents immigrated to the United States, Kim herself was born in Los Angeles.

Tax

Until 2016, American Olympic medalists must pay taxes on monetary awards they receive for medals earned in the Olympics, in addition, they also had to pay taxes on the very cost of the medals, and these are considerable sums.

Olympic gold and silver medals are made primarily of silver, bronze ones are made of copper. The medals in Pyeongchang are the heaviest in the history of the Olympic Games, each weighing almost 600 g of silver or copper, in particular the weight of the gold medal is 586 g. Thus, the cost of a gold medal is $ 577, a silver one - $ 320, the price of a bronze medal is very insignificant ($ 3, 50) and is therefore not taxed.

In 2016 Congress passed legislation exempting from taxation any awards and monetary prizes awarded during the Olympic and Paralympic Games. It was signed by former US President Barack Obama, and now all Olympic awards (medals and cash prizes) received between January 1, 2016 and January 1, 2021 are not taxable in the United States. However, according to Donald Trump's tax reform, athletes with annual income in excess of $ 1 million are still required to pay taxes on Olympic awards, writes Time.

The United States is one of the few countries that does not provide government funding for its Olympians, so traveling to the competition also costs them a pretty penny. Most Olympians cover these costs through sponsorship or additional earnings.

Most countries do not tax Olympic medals, but Singaporean medal winners pay 20% tax on prizes they win.

Life between the Olympics

In addition, athletes who glorify the country face another challenge.

They are not paid any salaries at all, writes CNN.

That is, athletes need to be creative, doing some kind of work in their free time from training, in order to be able to pay for housing and their other needs, including those related to sports - form, training, etc.

For example, the world's first participant in the Olympics, performing in a hijab, American Ibtihaj Muhammad, had to independently purchase such an unconventional and expensive suit for herself. According to her, fencing is one of the most expensive Olympic sports - uniforms, weapons, and the services of a coach cost about $ 20,000 a year.

Like most Olympians, Mohammad owes a lot to the local businesses who sponsor American athletes.

Multiple Paralympic medalist cyclist Joe Bereniy is forced to rely on his wife to provide financial support for their family, as his monthly thousand dollars from US Paralympic Cycling lacks.

Olympic awards in other countries

American Olympians have a hard time. Participants of the Games from other countries in case of a successful performance receive much more, writes Real Clear Life.

The biggest awards for gold are received by athletes from Singapore ($ 1 million), Taiwan ($ 640,000), Azerbaijan ($ 510,000), Indonesia ($ 384,000) and Thailand ($ 287,000).

Gold medalists from Russia will receive $ 60,000 each. Ukrainian Olympians will be awarded as follows: $ 125,000 for gold, $ 80,000 for silver and $ 55,000 for a bronze medal.

Some countries believe that the athlete's achievement is the result of the coach's work, so the latter is also rewarded. Among such countries are India, Azerbaijan and South Korea, the awards range from $ 7,000 to $ 123,000.

Britain does not give monetary awards to athletes or their coaches at all for receiving awards. Germany is among the most greedy countries in this regard - the gold medalists of this country will receive $ 19,500.

But some countries, to put it mildly, do not skimp on honoring their successful athletes. For example, Olympian Keshorn Walcott, who represented Trinidad and Tobago at the 2012 Olympics, set a new world record in javelin throw and earned the second Olympic gold medal in his country's history.

For this day, he returned to the country was proclaimed a national holiday, the runway and the plane were named after him, he was awarded $ 150 thousand, presented with a luxurious apartment and a plot of land with an area of ​​20 thousand square meters. feet (1,858 square meters).

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