The second leg of the Triple Crown, the Preakness Stakes, is a spectacle all its own. While it might not carry quite the significance of its sibling, the Kentucky Derby, the Preakness is equally venerable; three-year old colts have been trotting atop Pimlico for 150 years.
The competition features a fair few differences from the other two jewels of the Triple Crown, to be fair. It's shorter, contested over just 1 3/16 miles. It's also nor quite as profitable for race winners, at least when compared to the Race for the Roses.
Nevertheless, the event remains a notable one it the world of horse-racing. And although the Triple Crown won't be on the line in this iteration of the event, the result of the competition will linger long in the ledgers which house the names of those to claim gold in The Run for the Black-Eyed Susans.
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Oh, and the payout isn't too shabby, either.
With that, the Sporting News gives you the rundown on all things related to the Preakness Stakes' purse and prize money in 2025.
MORE: Complete list of every Preakness Stakes winner in history
What is the Preakness Stakes purse in 2025?
The Preakness Stakes offer a $2 million purse in 2025, the same record-high total as was offered in 2024.
MORE: Kentucky Derby winners to miss the Preakness
How much money does the Preakness winner get?
The victor at Pimlico pockets $1.2 million, good for 60 percent of the purse total. That percentage is on par with the splits offered at the Kentucky Derby and Belmont Stakes.
MORE: How many fillies have won the Preakness Stakes?
Preakness Stakes prize money breakdown for 2025
Per usual, the $2 million purse is split between the top five finishers, with first place taking home the majority of the dough.
| Place | Prize money | Percentage of purse |
| First | $1.2 million | 60 percent |
| Second | $400,000 | 20 percent |
| Third | $220,000 | 11 percent |
| Fourth | $120,000 | 6 percent |
| Fifth | $60,000 | 3 percent |
MORE: Full draw and odds for the 2025 Preakness Stakes
Preakness Stakes prize money compared to other Triple Crown races
The Preakness Stakes ranks as the joint second highest-paying (and joint second-lowest paying) Triple Crown race in 2025.
| Race | Date | Total 2024 purse |
| Kentucky Derby | May 3 | $5 million |
| Preakness Stakes | May 17 | $2 million |
| Belmont Stakes | June 10 | $2 million |
MORE: Fast facts to know about the 2025 Preakness competitors