Kentucky Derby purse raised to $5 million for 150th race in May
The Kentucky Derby purse has been raised to $5 million for the 150th edition in May
By AP News
Published - Jan 10, 2024, 02:45 PM ET
Last Updated - Jan 10, 2024, 02:45 PM EST
LOUISVILLE, Ky. (AP) — The Kentucky Derby purse has been raised to $5 million for the 150th edition in May.
The increase of $2 million was announced Wednesday by Churchill Downs. The 1 1/4-mile race will be May 4.
This year’s winner will receive $3.1 million. The runner-up will earn $1 million; third is worth $500,000; fourth is $250,000; and fifth is $150,000.
Previously, the Derby purse had been $3 million since 2019. It was $2 million from 2005-18 and $1 million from 1996-2004.
