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Do golfers earn prize money payouts at the Olympics? It depends what country they’re from | Golf News and Tour Information [Video]

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Small Business Lifestyle

There are no official prize money payouts given to golfers competing at the Olympics. The main rewards that the International Olympic Committee is handing out at the Paris Summer Games are gold, silver and bronze medals—and the chance for all participants to forever call themselves an Olympian.

That doesn’t mean, however, that players in the field at the men’s and women’s golf tournaments don’t have a chance to make some money based on their performance at Le Golf National. Many national Olympic federations offer financial paydays to their country’s athletes if they bring home a medal, including the U.S. Olympic and Paralympic Committee.

If any American athletes win a gold medal in Paris—including golfers—they will receive a cash prize of $37,500. A silver medal is worth $22,500 and a bronze earns $15,000.

How does that stack up compared to other countries? According to a report from Forbes, which reached out to all 206 countries and territories participating in the Paris Olympics, at least 33 …

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