As much as £300m will be gambled on the The Grand National and the steeplechase is said to attract over 500 million global viewers.
The most anticipated event in horse racing's calendar for many, the famous race has appeal outside of normal racing circles, with many usually non-interested punters picking a horse as a tradition.
First held in 1839, with the aptly named 'Lottery' winning, Saturday will see the 175th iteration of the race held in front of thousands of spectators at Aintree. Though the public and bookies have their favourites, the Grand National is no stranger to having an outsider win.
ALSO READ: Grand National 2023: Confirmed 40 runners and riders in full
Just last year, Noble Yeats won as a 50/1 outsider, ridden home by the now retired amateur jockey Sam Waley-Cohen. Anything can happen during the race, which helps attracts big money and major interest thanks to its enormous prize.
What is the Grand National prize money?
The total prize fund for the Grand National in 2022 is £1,000,000, with £531,600 going to the winning owner. A win at Aintree can catapult the careers of the horse, trainers and owners - with some becoming household names.
The rest of the prize money is divided between the owners of the horses in second, third and all the way to 10th place. Second place will receive £211,100 sum, while third place gets £105,500.
The prize money breakdown looks like this:
1st £561,300
2nd £211,100
3rd £105,500
4th £52,700
5th £26,500
6th £13,200
7th £6,800
8th £3,600
9th £2,000
10th £1,000
How much do jockeys get paid?
Winning jockeys of the Grand National on average receive around eight percent of the first place winnings, while second normally gets four percent. This means riding a winner at the Grand National will bag a jockey around £45,000.
During the National Hunt season, some riders will receive around just £200 per race, while other big names may be put on a retainer. This can be seen when powerful owners such as JP McManus had AP McCoy on a rumoured £1million per year to ride for him, before McCoy retired.
READ MORE
Grand National sweepstake 2023 printable: Free PDF to download of 40 runners for the big race
Grand National 2024 tickets: How to get priority access
Supercomputer predicts Grand National 2023 result with 66/1 tip for big race
27 people who stole the show at Aintree on Grand National Ladies Day 2023
Grand National 2023: This is how much drinks cost at Aintree Racecourse
