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How Much USA Pays Its Gold Medal Winners

Chloe Kim holding the American flag.

PYEONGCHANG-GUN, SOUTH KOREA - FEBRUARY 13: Gold medalist Chloe Kim of the United States celebrates during the victory ceremony for the Snowboard Ladies' Halfpipe Final on day four of the PyeongChang 2018 Winter Olympic Games at Phoenix Snow Park on February 13, 2018 in Pyeongchang-gun, South Korea. (Photo by Clive Rose/Getty Images)

The United States is currently in fourth place in the medal count at the 2018 Winter Olympics. The Americans have won 8 golds, 7 silvers and 6 bronzes.

Did you know that the United States Olympic Committee pays its athletes when they win a medal? Because they do.

CNBC has the details on how much the respective athletes get for their medals. It's a decent chunk of change.

U.S. Olympians, for example, will earn $37,500 for each gold medal they win this year, $22,500 for each silver and $15,000 for each bronze. In team sports, each team member splits the pot evenly.

That's 50 percent more than what American medalists earned at the 2016 Summer Games. And, unlike in 2016, their winnings won't be taxed if their gross income is $1 million or less.

Not every country offers up medal bonuses. But many do. Singapore, for example, offers up massive bonuses. Their athletes, statistically, are far less likely to win than those in the United States. "In Singapore, gold medalists take home $1 million. Silver medalists earn a cool $500,000 and bronze medalists get $250,000," reports CNBC.

You can view USA's full medal count for the 2018 Games here.