Americans who stand atop the podium in Beijing will score a cash prize of $37,500—not bad, but a pittance relative to what some other nations are offering.
in republic gold—a 22-karat-gold coin—as opposed to the country’s official currency, the lira. A first-place finish in an Olympic individual event is worth roughly $380,000, and athletes can earn another half that amount for setting an Olympic record. Individual gold medalists can also secure a monthly pension of twice the net minimum wage. But while Turkey has competed at 17 Winter Games, it has yet to win a medal on snow or ice.
And like other countries including Germany and Liechtenstein, Latvia pays for finishes a few spots past the podium; its payments extend through sixth place.In Hungary, even bronze medalists receive nearly six figures in bonuses: 28.5 million forints, or roughly $89,000. The payments extend through the top eight places in each event.Individual-sport athletes from Bulgaria are eligible to receive up to about $143,000 per gold medal, depending on the budget of the Ministry of Youth and Sports.
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