| Year | Prize Money (AUD) | Winner | Trainer(s) |
|---|---|---|---|
| 2023 | $8 million | Without A Fight | Anthony & Sam Freedman |
| 2022 | $8 million | Gold Trip | Ciaron Maher & David Eustace |
| 2021 | $8 million | Verry Elleegant | Chris Waller |
| 2020 | $8 million | Twilight Payment | Joseph O’Brien |
| 2019 | $8 million | Vow And Declare | Danny O’Brien |
| 2018 | $7.3 million | Cross Counter | Charlie Appleby |
| 2017 | $6.2 million | Rekindling | Joseph O’Brien |
| 2016 | $6 million | Almandin | Robert Hickmott |
| 2015 | $6.2 million | Prince of Penzance | Darren Weir |
| 2014 | $6 million | Protectionist | Andreas Wohler |
| 2013 | $6 million | Fiorente | Gai Waterhouse |
| 2012 | $6 million | Green Moon | Robert Hickmott |
| 2011 | $6 million | Dunaden | Mikel Delzangles |
| 2010 | $6 million | Americain | Alain de Royer-Dupre |
| 2009 | $5.5 million | Shocking | Mark Kavanagh |
| 2000 | $2 million | Brew | Mike Moroney |
| 1990 | $1 million | Kingston Rule | Bart Cummings |
| 1980 | $400,000 | Beldale Ball | Colin Hayes |
| 1970 | $60,000 | Baghdad Note | Bob Hoysted |
| 1960 | $22,000 | Hi Jinx | Trevor Knowles |
The Melbourne Cup is more than merely a horse race; it is a national event that draws the focus of millions, year after year.
From its beginnings in 1861, the Melbourne Cup has grown tremendously in both stature and prize money, becoming one of the richest and most renowned horse races worldwide. The race has expanded impressively from those early days when the total take was a mere 710 gold sovereigns and a gold watch. Fast forward to 2024, and the prize pool now stands at an astounding $8 million! The massive sum isn’t just for the winner; even horses finishing in 12th place can take home prize money.The Melbourne Cup stands out as a race where merely crossing the finish line can be quite profitable.
The Breakdown of Melbourne Cup Prize Money
- 1st Place: $4.4 million
- 2nd Place: $1.1 million
- 3rd Place: $550,000
- 4th Place: $350,000
- 5th Place: $230,000
- 6th-12th Place: $160,000 each
Not only does the winning horse’s owner pocket a huge sum, but the trainer gets 10% of the winnings, and the jockey takes home 5%. That’s a cool $440,000 for the trainer and more than $200,000 for the jockey—talk about high stakes!
Evolution of the Prize Money
Throughout its history, the Melbourne Cup prize pool has steadily increased. In 1985, it became the first Australian race to hit a $1 million purse. Since then, the prize pool has grown exponentially:
- 2005: $5 million
- 2018: $7.3 million
- 2020-2024: Consistent $8 million prize pool
This steady growth showcases the race’s increasing popularity and prestige, not just in Australia but across the world. While the *Melbourne Cup* ranks as the second richest race in Australia (behind The Everest), it remains one of the most iconic horse racing events globally.
Recent Winners and Historical Moments
With such massive prize money on the line, it’s no wonder that the Melbourne Cup attracts international competitors. Over the years, we’ve seen some historic moments, like when Michelle Payne became the first female jockey to win in 2015. Then there’s the legendary Makybe Diva, the only horse to win the Cup three times in a row (2003-2005).
Even if you’re not an avid racing fan, these stories add excitement and personal flair to an event that truly *stops the nation*. Plus, the chance of bagging a small fortune for coming in 12th place? Not too shabby!
Want to Know More?
If you’re interested in syndicating a horse or learning more about the world of horse racing, you can visit our homepage for more details. For any specific inquiries, don’t hesitate to contact us directly. Also, if you’re curious about our story and expertise in the industry, check out our About Us page.
