To the winner goes the spoils. For those competing in the 2022 Preakness Stakes, that phrase means more.
Affably known as the Run for the Black-Eyed Susans — Maryland's state flower — the Preakness Stakes is one of the jewels of the horse racing calendar.
And although attendees in Baltimore won't be able to see a prospective Triple Crown contender — Kentucky Derby winner Rich Strike is not participating in this year's Preakness Stakes — it still represents one of the most exciting events in horse racing.
MORE: Rich Strike the rare Kentucky Derby winner to skip Preakness
Here's a look at the purse and prize money breakdown for the 2022 Preakness Stakes.
What is the Preakness Stakes purse in 2022?
This year's Preakness Stakes purse is $1.5 million. That's a $500,000 increase on the $1 million purse shelled out in 2020 and 2021. In 2019, the Preakness Stake purse was a record total of $1.65 million.
How much money does the Preakness Stakes winner get?
The winner of the 2022 Preakness Stakes will receive $900,000, which is 60 percent of the total purse.
Prize money breakdown for Preakness Stakes 2022
| Place | Prize Money |
| 1 | $900,000 |
| 2 | $300,000 |
| 3 | $165,000 |
| 4 | $90,000 |
| 5 | $45,000 |
MORE: Who will win the Preakness? Horses, odds, expert picks & more
Preakness Stakes prize money compared to other Triple Crown races
| Race | Date | Purse (2021 figures) |
| Kentucky Derby | May 7, 2022 | $3 million |
| Preakness Stakes | May 21, 2022 | $1.5 million |
| Belmont Stakes | June 11, 2022 | $1 million |
