what does jockey get paid for winning melbourne cup
$ 6,200,000 , plus trophies valued at $175,000 . The first 10 past the post receive prizemoney , with the winner being paid $3.6 million , second $900,000 , third $450,000 , fourth $250,000 , fifth $175,000 , with sixth through to tenth place earning $125,000 . Prizemoney is distributed to the connections of each horse in the ratio of 85 percent to the owner , 10 percent to the trainer and 5 percent to the jockey .