From more than half a million pounds, to paintings and holiday vouchers, here are some of the prizes awarded to Olympians by their nations.
For most athletes, winning an Olympic gold medal is the achievement of a lifetime – often a culmination of years of hard work, commitment, dedication and intense levels of competing to reach the very top.
But for some athletes at Paris 2024, a gold medal could also land them a significant prize.
National Olympic committees and government sports ministries of different nations sometimes award prizes to athletes who win gold.
The US business magazine, Forbes, reached out to all 206 countries and territories participating, with 33 confirming they will award cash prizes.
Of those, 15 verified they will pay more than $100,000 (£77,750) to athletes who top the podium.
Hong Kong, which competes independently of China at the Olympics, offered the most to gold medallists of those respondents.
The territory awards a prize of $768,000 (£597,300) for a gold medal and $380,000 (£295,500) for a silver medal.
Israel followed in second of those who responded, offering $275,000 (£213,900) for gold, $192,000 (£149,000) for silver and $137,000 (£106,000) for bronze.
The other countries which pay more than $100,000 in bonuses for gold medals:
- Serbia – $218,000 (£169,900)
- Malaysia – $214,000 (£166,800)
- Italy – $196,000 (£152,800)
- Lithuania – $182,000 (£141,900)
- Moldova – $171,000 (£133,300)
- Latvia – $155,000 (£120,800)
- Hungary – $154,000 (£120,000)
- Bulgaria – $139,000 (£108,400)
- Ukraine – $125,000 (£97,500)
- Kosovo – $120,000 (£93,550)
- Estonia – $109,000 (£85,000)
- Czech Republic – $103,000 (£80,300)
- Spain – $102,000 (£79,500)
There are also countries that offer other benefits to medallists.