Now that the competition has begun in Rio for the Summer Olympics, conversation is already turning from unfinished venues, doping schemes and Zika fears to the bigger picture: Especially since the prize money is taxed. For instance, by this payout structure, U.

While Canada and the U. But none how much money do canadian gold medal winners get their second or third.

How Much Do Track Stars Make? Why Your Favorite Olympian Probably Earns Less Than $15K A Year | International Business Times

Now, while our home-grown Olympians may not be receiving that much, their prize money plus sponsorship deals mean they may still end up with a windfall. Do nothing at all. Find an Advisor Ask MoneySense Portfolio Builder Where to Buy.

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