The Kentucky Derby's purse is going up


    The Kentucky Derby's purse will be raised to $3 million this May.

    That's an increase of $1 million and the first boost in 14 years.

    Churchill Downs says the winner of the 145th running will receive $1.86 million.

    The runner-up will earn $600,000, with third place worth $300,000, fourth place $150,000 and fifth place $90,000.

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