Switzerland hosting the upcoming Winter Youth Olympics 2020. Vaudoise Aréna where all olympics sports take place. The games start from 9th January and ended on 22nd January. Winter Youth games cash prizes adjusted for athletes but paid by countries Olympics organizations.
United States athletes who won the medal in winter youth Olympics earn cash prizes. Prize money not as higher as for the senior athletes who participate in 2014 Sochi winter games and 2018 Pyeongchang games and won medals.
WINTER
YOUTH OLYMPICS 2020 CASH PRIZES
|
|||||
RANK
|
COUNTRIES
|
GOLD MEDAL
|
SILVER MEDAL
|
BRONZE MEDAL
|
TAX EXEMPTION
|
1
|
UNITED
STATES
|
$37,500
|
$22,500
|
$15,000
|
No
Tax
|
2
|
RUSSIA
|
£25,000
|
$15,000
|
$8,500
|
N/A
|
3
|
CHINA
|
£20,000
|
$15,000
|
$10,000
|
N/A
|
4
|
GERMANY
|
$15,000
|
$10,000
|
$5,000
|
N/A
|
5
|
GREAT
BRITAIN
|
N/A
|
N/A
|
N/A
|
N/A
|
6
|
SOUTH KOREA
|
$15,000
|
$10,000
|
$5,000
|
N/A
|
7
|
UKRAINE
|
$30,000
|
$25,000
|
$18,500
|
N/A
|
8
|
ITALY
|
£10,000
|
$5,000
|
$3,500
|
N/A
|
9
|
BULGARIA
|
$20,000
|
$10,000
|
$5,000
|
N/A
|
10
|
KAZAKHASTAN
|
$30,000
|
$25,000
|
$20,000
|
N/A
|
11
|
SWITZERLAND
|
$35,000
|
$30,000
|
$25,000
|
N/A
|
12
|
NORWAY
|
N/A
|
N/A
|
N/A
|
N/A
|
13
|
SWEDEN
|
N/A
|
N/A
|
N/A
|
N/A
|
14
|
CANADA
|
$20,000
|
$15,000
|
$10,000
|
N/A
|
15
|
SINGAPORE
|
$40,000
|
$35,000
|
$30,000
|
N/A
|
16
|
MEXICO
|
$10,000
|
$5,000
|
$2,500
|
N/A
|
17
|
MALAYSIA
|
$50,000
|
$30,000
|
$25,000
|
N/A
|
18
|
FRANCE
|
$30,000
|
$20,000
|
$10,000
|
N/A
|
19
|
NETHERLANDS
|
N/A
|
N/A
|
N/A
|
N/A
|
20
|
AUSTRALIA
|
$20,000
|
$7,500
|
$5,000
|
N/A
|
21
|
NEW
ZEALAND
|
N/A
|
N/A
|
N/A
|
N/A
|
22
|
BELGIUM
|
$20,000
|
$15,000
|
$10,000
|
N/A
|
23
|
HONG
KONG
|
$35,000
|
$25,000
|
$15,000
|
N/A
|
24
|
QATAR
|
$50,000
|
$40,000
|
$30,000
|
N/A
|
25
|
ISRAEL
|
N/A
|
N/A
|
N/A
|
N/A
|
26
|
HUNGARY
|
$32,500
|
$25,500
|
$15,500
|
N/A
|
27
|
JAPAN
|
$30,000
|
$20,000
|
$10,000
|
N/A
|
28
|
ESTONIA
|
$15,000
|
$10,000
|
$7,500
|
N/A
|
29
|
LATIVA
|
$10,000
|
$5,000
|
$3,500
|
N/A
|
30
|
ARGENTINA
|
$25,000
|
$15,000
|
$10,000
|
N/A
|
31
|
CZECH
REPUBLIC
|
$30,000
|
$25,000
|
$20,000
|
N/A
|
32
|
SOLVENIA
|
$20,000
|
$10,000
|
$5,000
|
N/A
|
33
|
SOLVAKIA
|
$25,000
|
$20,000
|
$15,000
|
N/A
|
In the above table you can see how the cash prizes distributed among the athletes who won gold, silver or bronze medal. Qatar, Hong Kong and Malaysian athletes highest paid in Winter Olympics if manage to win medals.
The above finiacial details collected from trusted news sources. A website (Swim) revealed the details how much gold medalist, bronze medalist and silver medalist earn from (Olympics) winter or summer. Not all countries paid prize money to the athlete such (Sweden, United Kingdom, & Norway) because their Olympic organization set funds for each year which is later distributed among the athletes.
Tax Exemption for USA Olympians:A sports business news source claimed that Olympians no longer have to pay tax on the prize money which they earned for winning gold, silver or bronze medal. This financial information is only for the United States athlete.
References: Sport Rich List, Business Insider, New York Times, USA Today