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Howard L asked in SportsOlympics · 9 years ago

Olympic Medal Prize Money?

Gold, silver, and bronze medalists are awarded $25,000, $15,000, and $10,000 respectively by the US Olympic committee. I'm wondering if that money is divided between team members in team events or does every team member get the entire amount.

Update:

I did check and couldn't find the answer. I'm giving yuo best answer since you were the only one, but I didn't need the comments about the IRS and the FED.

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  • 9 years ago
    Favorite Answer

    not sure but I know they all got to pay taxes on the money AND the medals if they win.. <_< Check the olympic webstie or something about it. it's probably there in great detail.

    END THE IRS

    END THE FED

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