The 2024 Paris Olympics are well underway, with dozens of medals already handed out.
Aside from a medal, a stuffed toy of the Olympics mascot and a “mysterious” box containing the official event poster, some medalists receive additional financial rewards for their efforts.
While the International Olympic Committee does not give out prize money for winning medals, several countries do reward their athletes with medal bonuses.
Host country France has also reportedly bumped up its cash incentives. Gold medalists are slated to receive 80,000 euros ($86,528) — 15,000 euros more than what it offered at the Tokyo Olympics.
Kazakhstan’s Olympic athletes reportedly can earn $250,000 for a gold medal, $150,000 for silver and $75,000 for bronze. The state also doles out apartments to medalists.
On top of a 63 million Korean won windfall ($43,288), local media report South Korea’s gold medalists are also given the option of either a lifelong monthly pension of a million won, or a lump sum of 67.2 million won.
A local chain pledged that athletes who represented Malaysia at the Tokyo Games would get free food and teh tarik for life, according to local media. Teh tarik is a hot milk tea beverage that is popular throughout Southeast Asia.
Athletes from Great Britain, Norway and a handful of other countries do not receive any direct cash bonus for placing on the podium.
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