Kentucky Derby jockeys typically earn about 10% of the prize money won by the horse they ride. For example, with the 2024 and 2025 Kentucky Derby purses set at $5 million and the winner's share at $3.1 million, the winning jockey can earn approximately $310,000 for the two-minute race
. The payout breakdown for jockeys finishing in the top five usually looks like this:
- 1st place jockey: about 10% of the winning purse (~$310,000)
- 2nd place jockey: about 5% of the second-place purse (~$100,000)
- 3rd place jockey: about 5% of the third-place purse (~$50,000)
- 4th place jockey: smaller amounts (around $25,000)
- 5th place jockey: smaller amounts (around $15,000)
However, the jockey does not keep the full amount. Typically, about 25% of the jockey's earnings go to their agent and 5% to the valet who assists with their gear. Taxes are also deducted, reducing the final take-home pay
. Jockeys are usually hired on a race-to-race basis and may also receive a guaranteed riding fee (often at least $500) for participating, but the substantial earnings come from prize money shares when their horse places well
. In summary, a Kentucky Derby winning jockey can expect to make roughly $310,000 before deductions, with lower earnings for those finishing behind the winner. This makes the Kentucky Derby one of the most lucrative horse races for jockeys in terms of prize money
