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I believe that they do not get payed for winning a medal because money is not what the Olympics are about (guessing you mean gold medal for Olympics).

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โˆ™ 2012-08-09 11:59:58
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Q: Do the gold medal winners get cash money?
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Related questions

How much money does an athelete get for a gold medal?

Olympic athletes do not get paid for the medals they win. They do not receive pay for participating. U.S. medalists receive cash prizes from the U.S. Olympic committee. Gold medal winners receive $25,000, silver medal winners receive $15,000, and bronze medal winners receive $10,000.


What gifts do gold medal winners get?

For Olympics Money I think gold is 30k.


Can amateur gold medal winners accept money?

Yes


Do the winners of an Olympic event get a cash prize along with a medal?

The International Olympic Committee does not award cash prizes to the winners. Many countries, however, do offer cash prizes and other incentives to medalists. In 2012, American competitors who won Olympic medals were rewarded in cash by the US Olympic Committee. Gold medal winners received $25,000, Silver medal winners received $15,000, and Bronze medal winners received $10,000. However, the real money is earned through commercial endorsements. Some Olympians get paid a performance bonus from sponsors for winning a medal and may sign commercial endorsements that could wind up paying them millions.


Which player has an olympic gold medal and an fa cup winners medal and a premiership winners medal?

Kanu


How many Olympic gold medal winners are alive as of 2013?

There are hundreds of Olympic gold medal winners alive as of 2013.


How are the winners rewarded in the Olymic games?

With a Gold medal and a large amount of money, depending on the event.


Do gold medal winners pay taxes?

Gold medal winners pay the same taxes every other citizen pays.


How much do Olympic gold medal winners get paid US?

The US Olympic committee pays $25,000.00 to gold medal winners.


What do china gold medal winners get?

A gold medal plus a little appreciation. :)


Do countries pay their Gold medal winners?

In America, they win a gold trophy but no cash. However, gold medalists have opportunities far greater than a one-time cash gift. Through endorsements, the winners can generate continual income for years after their victory. Hope this is helpful, -Michael


Listing of Gold Medal winners for the ladies figure skating in the Olympics?

Listing of Gold Medal winners for the ladies figure skating in the Olympics?


Do you get any money if you win a gold medal at the Olympics?

Payment for winning Olympic medals varies by country. The United States Olympic Committee pays its medal winners $25,000 to gold medal winners, $15,000 to those who take home a silver and $10,000 for a bronze. Some of the richer U.S. sport federations give additional prize money to their winners as well. There are many appearances and endorsement deals that generally follow a gold medal winner. See related links for more information.


Who are the top 5 British Olympic gold medal winners?

The top five olympic gold medal winners are Dominic Culyer because he is amazing


How much do Olympic gold medal winners get paid?

Payment for winning Olympic medals varies by country. Some do not pay any money at all. The United States Olympic Committee pays its medal winners $25,000 to gold medal winners, $15,000 to those who take home a silver and $10,000 for a bronze. Some of the richer U.S. sport federations give additional prize money to their winners as well. There are many appearances and endorsement deals that generally follow a gold medal winner. See related links for more information.


How many gold medal in the 2012 Olympics?

302 event winners were awarded a Gold Medal.


Are gold medal winners paid?

No


What country pays their gold medal winners the most for the medal?

USA


What are the prizes for winners of Olympics?

A gold medal.


Do the olympic gold medal winners have to pay taxes on the medal?

Yeah, $9,000.


What prizes do the olympic winners receive as well as a gold medal?

they receive a medal


Why do Olympic medal winners bite on the medal?

Type your answer here... TO VARIFY ITS REAL GOLD


Do the coaches of gold medal winners receive a medal also?

no I don't believe so


How much money will the US olympic medal winners receive?

They receive no money from the Olympics. However a win will certainly lead to some sort of endorsement deal with advertisers. The only consideration they receive is the medal. If you consider the value of the gold medal as "payment", it is worth something, but not much. The gold medal is not solid gold. The value of a gold medal, made according to Olympic Charter specifications, which contains 6 grams of gold with the rest being silver is about 500 to 600 US dollars depending on the market prices of gold and silver.


Does gold medal winners get money for winning at the Olympia games?

For Canadians there has been a set up , a fund of which is called Athlete Excellence Fund that was created by the Canadian Olympic Committee. Canadian athletes will receive a $20,000 dollar monetary compensation for any gold medal won at the Olympics games , in the future (including Beijing). Silver winners will be compensated $15,000 dollars per medal; and bronze winners will earn $10,000 dollars.