Thu, 26 Jul 2012 11:02:36 GMT | By Jason Buckland, MSN Money
What countries pay the most for an Olympic medal?

Great Britain



Britain's Denise Lewis holds up her gold medal for the women's heptathlon at the 2000 Summer Olympics in Sydney, Australia. (© Thomas Kienzle/AP Photo)
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  • From $0 to more than $150,000, medal bonuses vary greatly by country. (© Sang Tan/AP Photo)
  • Britain's Denise Lewis holds up her gold medal for the women's heptathlon at the 2000 Summer Olympics in Sydney, Australia. (© Thomas Kienzle/AP Photo)
  • Germany's Robert Bartko waves after receiving the gold medal in the men's individual pursuit in track cycling at Dunc Gray Velodrome at the 2000 Sydney Summer Olympic Games. (© Laurent Rebours/AP Photo)
  • Canadian ice dance gold medalists Tessa Virtue and Scott Moir at the 2010 Vancouver Olympic Winter Games. (© Paul Chiasson/The Canadian Press)
  • Australia's Cathy Freeman stands center with her gold medal for the women's 400 meter race alongside silver medal winner Lorraine Graham of Jamaica, right, and bronze medal winner Katharine Merry, of Great Britain during medal awards ceremonies at the 2000 Sydney Summer Olympics. (© Thomas Kienzle/AP Photo)
  • Earvin "Magic" Johnson whips the United States flag in ecstasy during the gold medal ceremony during the 1992 Summer Olympic games in Barcelona, Spain. (© Susan Ragan/File/AP Photo)
  • Gold medalist Liu Xuan of China at the 2000 Sydney Summer Olympic Games. (© Amy Sancetta/AP Photo)
  • Japan's Ryoko Tani holds her bronze medal following the medal ceremony for the women's judo extra lightweight division at the Beijing 2008 Olympics in Beijing, China. (© Charles Dharapak/ File/AP Photo)
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Great Britain
Gold medal bonus
: $0

Of the major medal hopefuls at this summer's London Olympics, the only nation that does not offer its athletes cash incentives is Great Britain. The Summer Games' host country, projected to win as many as 22 medals, is catching a lot of flak for not paying a bonus to winners. In response, a British Olympic Association spokesman claims such financial rewards "do not significantly impact the motivation of an athlete to reach the ... podium." Some select Olympians may be eligible to have their likeness put on a Royal Mail stamp after the Games, for which they'd be paid about $16,000, according to the Telegraph newspaper.

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