Rio Olympic 2016 Cash Prizes Money & Medal Cost

After London Games 2012 , the next destination where Olympic games are taking place is Brazil in Rio . There is not much information available about the earnings that will given to the athletes who finished among the top position (1st , 2nd and 3rd place) in the sports events of Olympics . According to some sources the highest cash prize money is distributed among the Chinese athlete in case if the finished for the Gold medal , Bronze medal and  Silver medal place.

Rio Olympic 2016 Cash Prize Money Distribution

Ranking	Country	Gold Medal	Silver Medal	Bronze Medal
1	Azerbaijan	$510,000	$255,000	$130,000
2	Kazakhstan	$200,000	$150,000	$75,000
3	Thailand	$314,000	$60,000	$15,000
4	Philippines	$237,000	$80,000	$50,000
5	Kyrgyzstan	$200,000	$60,000	$25,000
6	Latvia	$190,000	$50,000	$15,000
7	Korea	$200,000	$90,000	$25,000
8	Uzbikstan	$150,000	$50,000	$10,000
9	Belarus	$150,000	$50,000	$10,000
10	Ukraine	$250,000	$90,000	$30,000
11	Russia	$400,000	$250,000	$50,000
12	Australia	$300,000	$120,000	$50,000
13	Tajikistan	$63,000	$10,000	$2,500
14	France	$165,000	$45,000	$20,000
15	China	$500,000	$250,000	$100,000
16	USA	$180,000	$25,000	$5,000
17	Germany	$200,000	$50,000	$10,000
18	United Kingdom	£200,000	£80,000	£30,000
19	India	$400,000	$200,000	$80,000
20	Italy	$300,000	$120,00	$35,000
21	Canada	$350,000	$100,000	$40,000
22	Jamaica	$500,000	$300,000	$100,000
23	Japan	$250,000	$50,000	$15,000
24	Malaysia	$350,000	$200,000	$150,000
25	New Zealand	$100,000	$50,000	$25,000
26	Turkey	$250,000	$90,000	$40,000
27	Qatar	$300,000	$120,000	$75,000
28	Cuba	$250,000	$90,000	$40,000
29	Norway	$400,000	$300,000	$150,000
30	Netherlands	$150,000	$55,000	$20,000
31	South Africa	$50,000	$10,000	$2,500

There are some countries who paid almost $500,000 to their athletes not all countries . Such as When Lin Dan last year won the gold medal for his country china in Badminton singles he get paid almost closer ($420,000) which means if any of Chinese player this time won gold medal will earn up to $500,000. Indian athletes were second highest paid which include Sania Nehwal she won the silver medal in London games 2016 for India and after that she signed number of endorsement deals which brings huge money to her account.

Rio 2016 Olympic Medals Value (Gold , Silver and Bronze) :
The medals which is won by athlete how much does it value , how much gold , silver and bronze used on them. Here you will find out the actual amount of these metals used on Olympic medals.

Rio Olympic 2016 Cash Prize Money Distribution

Medals	Cost	Material
Gold	$1,000	Gold medal consist of 1% gold , 92.5% silver and 6.6 copper
Silver	$500	Silver medal consist of 60% silver and 40% copper
Bronze	$200	Bronze medal consist of 98% copper , 1.5% zinc and 0.5% tin