Horse jockeys' earnings vary widely depending on their experience, success, and the level of races they compete in.
General Earnings
- Most horse jockeys earn between $30,000 and $40,000 annually in the U.S., though this can vary significantly by state and individual success
- The average annual salary for jockeys is around $44,000, with hourly rates averaging about $21
- Top jockeys with more experience and success can earn between $200,000 and $500,000 annually, and leading riders can exceed $1 million in winnings
How Jockeys Make Money
- Jockeys typically receive a mounting fee for each race, which can range from $25 to $150 depending on their professional status
- The majority of their income comes from a percentage of the prize money (the purse) won by the horse. This percentage usually ranges from 6% to 10% for first place, about 1% for second place, and around 0.5% for third place
- For example, if the winning purse is $100,000, a jockey might earn about $6,000 from that race
- Jockeys pay a portion of their earnings (typically 25%-30%) to agents and give tips to valets (around 5%)
Earnings in Other Countries
- In the UK, flat jockeys earn around £27,800 gross per year, and National Hunt jockeys earn about £20,500 annually
- Riding fees per race in the UK are approximately £163 for flat races and £221 for jumps races, plus a percentage of prize money
Expenses and Risks
- Jockeys are usually self-employed and must cover their own equipment and travel expenses
- Their income is highly variable and depends on winning races, making the profession financially risky
Summary
Earnings Category| Amount (USD)
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Average annual salary| $30,000 - $44,000
Experienced jockeys| $200,000 - $500,000
Top jockeys| Over $1 million (including winnings)
Mounting fee per race| $25 - $150
Percentage of winning purse| 6% - 10%
Jockeys' income is primarily performance-based, with top jockeys earning significantly more through prize money shares and frequent race wins