How much money will Olympic golf medalists win? Payouts depend on 1 factor

Golf is making its third appearance in the Olympic Games this year, after being absent for over a century. While professional golfers are giving up some personal interests to represent their countries in Paris, there is financial incentive involved. However, the amount players earn for medaling at Le Golf National varies significantly depending on their country.

Most male Olympic golf competitors regularly play for millions of dollars on the PGA Tour and LIV Golf. At the Olympics, they are not playing for such high sums. For golfers outside the elite ranks, winning an Olympic medal is not about the money, though considerable sums are available, with some countries offering more generous payouts.

For instance, if Xander Schauffele wins his second-straight gold medal, he will earn $38,000, the same amount American gymnast Simone Biles receives for each gold medal. If Scottie Scheffler finishes second, he will earn $23,000 for silver and $15,000 for bronze.

The U.S. has some of the smallest Olympic medal payouts. In contrast, Jon Rahm of Spain would earn $102,000 for gold, $52,000 for silver, and $33,000 for bronze. Australian golfers like former World No. 1 Jason Day are competing for $13,000 for gold, $10,000 for silver, and $7,000 for bronze.

The Olympic golfer with the potential to win the most money in Paris is Shannon Tan, Singapore’s first Olympic golfer, who will compete in the women’s event. Singapore awards gold medalists $745,000 and bronze medalists $185,000.

Below is a list of Olympic medal payouts for various countries, with figures rounded to the nearest thousand (USD):

– **Hong Kong:** Gold – $768,000; Silver – $384,000; Bronze – $192,000
– **Singapore:** Gold – $745,000; Silver – $186,000
– **Indonesia:** Gold – $300,000; Silver – $150,000; Bronze – $60,000
– **Israel:** Gold – $271,000; Silver – $216,000; Bronze – $135,000
– **Republic of Kazakhstan:** Gold – $250,000; Silver – $150,000; Bronze – $75,000
– **Malaysia:** Gold – $216,000; Silver – $65,000; Bronze – $22,000
– **Spain:** Gold – $102,000; Silver – $52,000; Bronze – $33,000
– **France:** Gold – $87,000; Silver – $43,000; Bronze – $22,000
– **South Korea:** Gold – $45,000; Silver – $25,000; Bronze – $18,000
– **United States:** Gold – $38,000; Silver – $23,000; Bronze – $15,000
– **Japan:** Gold – $32,000; Silver – $13,000; Bronze – $6,000
– **Poland:** Gold – $25,000; Silver – $19,000; Bronze – $14,000
– **Germany:** Gold – $22,000; Silver – $16,000; Bronze – $11,000
– **Australia:** Gold – $13,000; Silver – $10,000; Bronze – $7,000