The annual Mr. Olympia competition takes place Nov. 3 - Nov. 4 in Orlando.
Hadi Choopan will be defending his title from last year, looking for a second Mr. Olympia crowd. Two-time victor Mamdouh Elssbiay qualified but will not compete, as he pulled out in September due to a handful of injuries.
It isn't just a title on the line; prize money is up for grabs among competitors in all the events. The higher an individual places, the more they are paid out from the total.
How much do top finishers earn from Mr. Olympia? The Sporting News takes a look at the purse from this year's bodybuilding competition.
MORE: Full list of winners from 2022 Mr. Olympia
Mr. Olympia 2023 purse
The total purse for the 2023 Mr. Olympia has yet to be announced, but it is predicted to break the record $1.6 million purse from last year. The purse was previously set at $1.4 million from 2015-2020.
How much money does the winner of Mr. Olympia get?
The winner of Mr. Olympia is the only event champion to bring home six figures, with last year's champion getting $400,000. It has the highest payout of all the events, coming in around $750,000 split between top finishers.
Ms. Olympia has the second-highest payout of the rest of the events, coming in at $95,000.
Mr. Olympia prize money 2023
The total prize money and distribution has yet to be announced, but the winner of Mr. Olympia typically receives $400,000 and the winners of all other events typically receive $50,000.
This section will be updated when the payouts are announced.
Mr. Olympia 2022 prize money results
For the second straight year, the winner of Mr. Olympia received $400,000 in prize money, followed by $150,000 to the runner-up and $100,000 to the third-place winner.
The payouts for those in fourth and fifth places in each event ever so slightly increased from 2021.
Mr. Olympia
| Place | Name | Prize money |
| 1. | Hadi Choopan | $400,000 |
| 2. | Derek Lunsford | $150,000 |
| 3. | Nick Walker | $100,000 |
| 4. | Brandon Curry | $40,000 |
| 5. | Mamdouh Elssibay | $30,000 |
212 Olympia
| Place | Name | Prize money |
| 1. | Shaun Clarida | $50,000 |
| 2. | Angel Calderon Frias | $20,000 |
| 3. | Kamal Elgargni | $10,000 |
| 4. | Ahmad Ashkanani | $6,000 |
| 5. | Oleh Kryvyi | $4,000 |
Ms. Olympia
| Place | Name | Prize money |
| 1. | Andrea Shaw | $50,000 |
| 2. | Angela Yeo | $20,000 |
| 3. | Helle Trevino | $12,000 |
| 4. | Margie Martin | $7,000 |
| 5. | Branka Njegovec | $6,000 |
Men's Physique Olympia
| Place | Name | Prize money |
| 1. | Erin Banks | $50,000 |
| 2. | Brandon Hendrickson | $20,000 |
| 3. | Diogo Montenegro | $10,000 |
| 4. | Charjo Grant | $7,000 |
| 5. | Edvan Palmeira | $4,000 |
Men's Classic Physique Olympia
| Place | Name | Prize money |
| 1. | Chris Bumstead | $50,000 |
| 2. | Ramon Rocha Queiroz | $20,000 |
| 3. | Urs Kalecinski | $10,000 |
| 4. | Breon Ansley | $6,000 |
| 5. | Mike Sommerfield | $4,000 |
Women's Bikini Olympia
| Place | Name | Prize money |
| 1. | Maureen Blanquisco | $50,000 |
| 2. | Jennifer Dorie | $20,000 |
| 3. | Ashley Kaltwasser | $12,000 |
| 4. | Daraja Hill | $7,000 |
| 5. | Lauralie Chapados | $6,000 |
Women's Figure Olympia
| Place | Name | Prize money |
| 1. | Cydney Gillon | $50,000 |
| 2. | Jessica Reyes Padilla | $20,000 |
| 3. | Lola Montez | $12,000 |
| 4. | Jossie Nathali Alarcon Beceera | $7,000 |
| 5. | Natalia Soltero | $6,000 |
Women's Fitness Olympia
| Place | Name | Prize money |
| 1. | Missy Truscott | $50,000 |
| 2. | Jaclyn Baker | $20,000 |
| 3. | Ariel Khadr | $12,000 |
| 4. | Sarah Kovach | $7,000 |
| 5. | Michelle Freuda-Mensah | $6,000 |
Women's Physique Olympia
| Place | Name | Prize money |
| 1. | Natalia Coelho | $50,000 |
| 2. | Sarah Villegas | $20,000 |
| 3. | Brooke Walker | $12,000 |
| 4. | Barbara Menage | $7,000 |
| 5. | Ivie Rhein | $6,000 |
Women's Wellness Olympia
| Place | Name | Prize money |
| 1. | Francielle Mattos | $50,000 |
| 2. | Isabelle Nunes | $20,000 |
| 3. | Angela Borges | $12,000 |
| 4. | Kassandra Gillis | $7,000 |
| 5. | Rayane Fogal de Souza Santana | $6,000 |
