2023 World Athletics Championships: Shs256m for gold, Shs365m for World Record - breakdown of prize money

World Athletics Championships slated for August 19, Budapest will have mouthwatering cash prizes with more than 2000 athletes from over 200 countries participating in the lucrative global showdown. 

World Athletics will award an individual winning gold $70,000 (about Shs256m), the runner-up (silver) will pocket $35,000(Shs128m), and a bronze medallist take home $22,000(about 81m).

The prize money remains the same from the 2022 World Athletics Championships, Eugene, Oregon, USA, spread up to the eighth-place finisher walking away with Shs18m. 

Outside the podium bracket, the fourth-placed will earn $16,000(about Shs58m) while a fifth-place finisher will take home $11,000(Shs40m).

Sixth, seventh and eighth-place finishers will respectively collect $7,000(about Shs26m), $6,000 (about Shs22m) and $5,000 (about Shs18m).

In relay events, the winning team will take $80,000( Shs290m) while the runner-up team will pocket $40,000 (about Shs148m ), and third place will take $20,000 (about Shs73m).

The team that secures fourth place will get $16,000 (Shs58m). The fifth, sixth, seventh, and last finishers will respectively bag $12,000(Shs44m), $8,000 (Shs29m), $6,000(Shs22m), and $4,000 (Shs15m).

World record setters will receive a special award of $100,000 (Shs365m) plus the cash prize for the podium finish.

Uganda's Joshua Cheptegei and Jacob Kiplimo are expected to lead Uganda's medal hunt, taking part in 5,000m and 10,000m distances.

Uganda secured one gold and two bronze medals during the world championships in Oregon last year.

Cheptegei claimed gold in the 10,000m event, Kiplimo won bronze in the 5,000m, and Oscar Chelimo emerged victorious in the 5,000m. 

Uganda's final team for World Athletics Championships

Men: Tarsis Gracious Orogot - 200m, Oscar Chelimo - 5000m, Joshua Cheptegei - 5000m & 10000m, Jacob Kiplimo -5000m & 10000m, Rogers Kibet - 10000m, Stephen Kisa - Marathon, Victor Kiplangat - Marathon, Andrew Rotich Kwemoi – Marathon

Women: Halima Nakaayi - 800m, Winnie Nanyondo - 1500m, Sarah Chelangat - 10000m & 5000m (by quota), Stella Chesang - 10000m and Marathon, Rebecca Cheptegei - Marathon, Rebecca Cheptegei - Marathon, Mercyline Chelangat - Marathon, Doreen Chesang - - Marathon, Peruth Chemutai -Women's SC

Qualification by World Ranking Quota

Dan Kibet - 5000m, Joel Ayeko - 10000m, Leonard Chemutai - 3000m Steeplechase, Susan Aneno - 800m