Over 2,000 athletes from over 200 countries will be competing for a share of $US7.5 million at the IAAF World Championships in Doha, Qatar, from September 27 to October 6.
The amount of money each athlete receives will depend on their performance.
The winner of each individual final will walk away with $US60,000, while relay teams will get $US80,000 to win.
This means if Elaine Thompson or Shelly-Ann Fraser-Pryce who are doubling at the Championships should win their events, they will walk away with $US120,000.
And if that person helps the 4X100 m relay team to the gold, they’ll also get a share of the $US80,000.
However, not only the winners will receive remuneration for their performance, as athletes from 1st to eighth will receive a share of the prize money.
The breakdown is as follow, 1st place $US60,000, 2nd $US30,000, third $US20,000, and fourth $US15,000.
$US10,000 will go to the 5th place finisher, 6th will pocket $US6,000, 7th $US5,000 and eighth place gets $US4,000.
The winning relay team will share $US80,000.
Second place will receive $US40,000, 3rd $US20,000, 4th $US16,000, 5th $US12,000 and the sixth place team will share $US8,000.
The seventh-place team will share $US6,000 and 8th place $US4,000.
In addition to the prize money, athletes who set a world record will be eligible for a special award of $US100,000 offered by TDK and Qatar National Bank.
Nationwide 90FM will have live coverage of the Championships.