Kentucky Derby payouts 2024: Complete betting results & final odds after Mystik Dan's win at Churchill Downs, history.

One of the most important horse racing events is right around the corner.

The Kentucky Derby, which has been held annually on the first Saturday in May since 1875, returns for its 150th edition.

Mystik Dan eked out a win Saturday in the 2024 Kentucky Derby at Churchill Downs in a photo finish, with Sierra Leone finishing second and Forever Young taking third.

Mystik Dan was ridden by Brian J. Hernandez Jr. and trained by Kenny McPeek. The horse was bred in Kentucky and is owned by Lance Gasaway, 4 G Racing, LLC (Brent Gasaway and Daniel Hamby).

McPeek is the first trainer since 1952 to have the winning horse in both the Kentucky Oaks and Kentucky Derby.

As the highly anticipated race approaches, here's a peek at the $5 million cash prize and how it will be divided among the winners:

Mystik Dan payout

Odds: 18-1

Win: $39.22

Place: $16.32

Show: $10

Sierra Leone payout

Odds: 9/2

Place $6.54

Show: $4.64

Forever Young payout

Odds: 7-1

Show: $5.58

Kentucky Derby payouts on finishing combos

Exacta ($2 bet): (Runners: 3/2) $258.56

Trifecta ($1 bet): (3/2/11) $1,113.84

Superfecta ($1 bet): (3/2/11/4) $8,254

Kentucky Derby payouts by wager type

$0.50 Trifecta (3/2/11) $556.92

$1.00 Super High Five (3/2/11/4/10) $316,920.10

$1.00 Double (5/3) $139.27

$0.50 Pick 3 (10/5/3) $319.06

$0.50 Pick 4 (2/10/5/3) $18,299.93

$0.50 Pick 5 (5/2/10/5/3) $188,957.75

$0.20 Pick 6 (3/5/2/10/5/3) $345,073.62

Top 5 Kentucky Derby winners, 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

Who gets the part of the Kentucky Derby purse in 2024?

Twenty horses will take part in the one-mile event, but only the race’s top five finishers will receive a share of the cash prize.

How much will the Kentucky Derby purse in 2024?

The total purse will be $5 million in 2024, compared to $3 million in 2023, marking a significant 66-67% increase.

Mystik Dan won the 150th running of the Kentucky Derby on Saturday in a photo finish, earning a hefty $3.1 million prize for its owners — a sizeable increase on what last year's winner, Mage, earned thanks to a record $5 million purse.

How much money will the winner of the Kentucky Derby take home?

The first-place winner will receive $3.1 million, while the jockey will take home $310,000.

The second-place finisher will take home $1 million, the third-place finisher $500,000, the fourth-place finisher $250,000 and the fifth-place finisher $150,000.

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