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Olympians get such a financial reward from the state.

Olympians get such a financial reward from the state.

At the Paris 2024 Olympics, Hungarian Olympic and Paralympic athletes can expect significant financial rewards. Adam Schmidt, the state secretary responsible for sports, announced last year that state bonuses would be 10 percent higher than for the Tokyo 2021 Olympics. While a gold medal in Tokyo costs 50 million forints, in Paris it will be 55 million forints. Advertise 24.He.

The State Secretariat for Sport has recommended to the Government that the Olympic bonus be increased by ten percent compared to the Tokyo bonus, and I can announce with great pleasure that the Government supports the proposal, so our athletes can expect a ten percent increase for the Olympic and Paralympic Games in Paris.” Adam Schmidt said.

The 2024 Olympic and Paralympic Games awards are as follows:

  • The golden medal:55 million Hungarian forint
  • silver medal: 39.27 million Hungarian forint
  • Bronze Medal: 32.35 million Hungarian forint
  • fourth place: 23.65 million Hungarian forint
  • Fifth place: 15.73 million Hungarian forint
  • 6th place: 12.54 million Hungarian forint
  • 7th place: 6.27 million Hungarian forint
  • 8th place: 3.08 million Hungarian forint

Special Olympics 2024 Prize Money:

  • The golden medal: 27.5 million Hungarian forint
  • silver medal: 19.635 million Hungarian forint
  • Bronze Medal: 15.675 million Hungarian forint
  • fourth place: 11.825 million Hungarian forint
  • Fifth place: 7.865 million Hungarian forint
  • 6th place: 6.27 million Hungarian forint
  • 7th place: 3.135 million Hungarian forint
  • 8th place: 1.54 million Hungarian forint

the Since 1 January 1998, Olympic and Paralympic medalists are also entitled to a lifetime annuity, paid from the age of 35 until the end of their lives.The amount of the annual pension is adjusted according to the average annual salary determined by the Central Statistical Office and is constantly increasing. In 2024, this amount will total HUF 418,000 per month. Silver medalists receive 70 percent of this amount, and bronze medalists receive 50 percent.

At the Tokyo 2021 Olympics, Tamara Sebes received HUF 107.5 million, while Danuta Kozák and Krzysztof Milák each received HUF 100 million. In the case of multiple winners, the prizes may accumulate, but the annual installment amount is fixed, regardless of the number of medals, and can only be affected by the current economic situation.

Main image source:

MTI/Zsolt Czech

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