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The Melbourne Cup is Australia’s richest race each year with prize money for the race totalling $6.2 million dollars. The prize pool is split into ten different sums for the first ten horses to cross the finish line in the race.

The amount on prize money is so great in the Melbourne Cup that finishing tenth gets connections, jockey and trainer $125,000 which is as good as winning many Listed or Group races during the year.

On top of the prize purse on offer the winning connections will collect a 18ct solid gold Hardy Brothers trophy valued at $175,000.

Melbourne Cup prize money disbursement:

1st: $3,600,000

2nd: $900,000

3rd: $450,000

4th: $250,000

5th: $175,000

6th: $125,000

7th: $125,000

8th: $125,000

9th: $125,000

10th: $125,000

Prize money for a horse that finishes in the top ten is split:

  • The riding jockey of the horse receives 5% of the prize money.
  • The trainer of the horse receives 10% of the prize money.
  • The owner or owners of the horse receive the remaining 85% of the earnings.
 
 
 

Gamble Responsibly 18+
*State exclusions apply to some offers. Please check T&Cs of each offer with the bookmaker. All Offers Exclude NSW residents.