How much did Mystik Dan win today? 2024 Kentucky Derby winner's share, purse breakdown, more
One of the most coveted titles in American athletics is winning the Kentucky Derby.
The history of horse racing includes Mystik Dan.
Not only is the Run for the Roses the yearly start of the Triple Crown season and "the most exciting two minutes in sports," but it also leaves the victorious horse and jockey in the annals of history. Additionally, it can start a jockey's career at Churchill Downs for upcoming races.
Mystik Dan won the 150th running of the Run for Roses on Saturday at Churchill Downs, narrowly defeating Forever Young and Sierra Leone in the last lap of the race. It was an exciting picture finish. Mystik Dan has won a winning portion of the $3.1 million Kentucky-Derby purse with this victory.
Mystik Dan's trainer, Kenny McPeek, became the first trainer since 1952 — and the fourth ever — to win both the Kentucky Oaks and Kentucky Derby in the same year: Thorpedo Anna won the Kentucky Oaks on Friday.
With that, here's the purse, winner's share and payout for the 2024 Kentucky Derby, the richest ever from Churchill Downs:
Kentucky Derby money 2024: Payout, purse
As previously reported by the Courier-Journal, the Kentucky Derby has a record purse for 2024 at $5 million. That's a $2 million increase since 2019's purse, which was $3 million.
Kentucky Derby payout for winners
The guaranteed $5 million purse is split across the top five finishers of horse racing's marquee event. The owners of Mage, the winner of the 2023 Kentucky Derby, were awarded $1.86 million out of last year's $3 million purse — 62% of the entire purse.
That winner payout will raise to $3.1 million in 2024 — $100,000 more than the entire purse from 2023.
How much money did Mystik Dan win at Kentucky Derby?
By winning the 2024 Kentucky Derby, Mystik Dan — with Brian Hernandez Jr. as his jockey — won the winner's share: $3.1 million.
Kentucky Derby winner's share
Mystik Dan won $3.1 million of the record-breaking $5 million winner chest after winning the 2024 Kentucky Derby.
How much does winning jockey win at Kentucky Derby?
Using calculations from previous Kentucky Derby runnings by CNBC, Hernandez Jr. will take home 10% of the winning $3.1 million winning payout — or $500,000.
2024 Kentucky Derby prize money, purse for top five finishers, payout.
First: Mystik Dan, $3.1 million
Second: Sierra Leone, $1 million
Third: Forever Young, $500,000
Fourth: Catching Freedom, $250,000
Fifth: T O Password $150,000
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How does the Kentucky Derby purse compare to other Triple Crown races?
The Kentucky Derby has the highest prize money of the Triple Crown races.
When compared to other races in the Triple Crown, the Kentucky Derby boasts the highest purse, while the Preakness Stakes and the Belmont Stakes, which follow the Kentucky Derby in the Triple Crown series, each have a purse of $2,000,000.
How much will the winning Kentucky Derby Jockey & Trainer earnings be?
Besides their riding fee for participating in the race, the winning Kentucky Derby Jockey and Trainer also receives 10% of the prize money. For the 2024 race, this means the jockey will earn $310,000 besides their base fee.
How much was first Kentucky Derby purse?
The Kentucky Derby 143 trophy is photographed against the Aristides statue in April 2017 at Churchill Downs.
The first Kentucky Derby, in 1875, had a $1,000 purse — plus added money.
Added money, according to Daily Racing Form, is any amount of money added to the purse of a race by a racing association (or a breeding fund, etc.) to the amount paid by owners in nomination, eligibility, entry and starting fees.
The winner of the first Run for the Roses, Aristides, received $2,850. The runner-up, Volcano, received $200.
That makes for a grand total of $3,050; $2,050 of which was added money.
Kentucky Derby purse payout, prize money history over years.
The purse for the Kentucky Derby has seen a steady increase over the past three decades. From 1996-2004, the purse was $1 million. It was increased to $2 million in 2005.
Here's a look at how the Kentucky Derby purse has changed over the years:
1875: $1,000-added
1876-87: $1,500-added
1888-92, 1894-95: $2,500-added
1893: $3,000-added
1896-1912: $6,000-added
1913: $5,000-added
1914-16: $10,000-added
1917-18: $15,000-added
1919: $20,000-added
1920, 1934: $30,000-added
1935-36: $40,000-added
1921-33, 1937-39: $50,000-added
1940-45: $75,000-added
1946-54: $100,000-added
1955-78: $125,000-added
1979-81: $200,000-added
1982-85: $250,000-added
1986-90: $350,000-added
1991-95: $500,000-added
1996-2004: $1 million guaranteed
2005-18: $2 million guaranteed
2019-23: $3 million guaranteed
2024: $5 million guaranteed
Between 1875-85, only the first- and second-place finishers received payouts. That changed in 1886; when Free Knight was awarded $150 for placing third.
Now the top five collect checks. Here's how the purse was distributed from 2019-23:
First place: $1.86 million
Second place: $600,000
Third place: $300,000
Fourth place: $150,000
Fifth place: $90,000
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