Top mushers often get financial help from corporate sponsors, but most are left to use savings or borrow money against the odds of winning a stake in the purse. Prize money is distributed among the top 30 finishers, with the winner taking home $68,571 and a new diesel pickup truck. The first musher to the halfway point also wins $3,000 in gold nuggets. Thirtieth place pays $1,429 -- less than the Iditarod entry fee of $1,850. About half the field earns just valuable experience and the pride of competing in the Last Great Race.
| Place | Prize |  |
Place | Price |
| 1st | $68,571 | |
16th | $13,714 |
| 2nd | $60,000 | |
17th | $13,143 |
| 3rd | $51,429 | |
18th | $12,286 |
| 4th | $42,857 | |
19th | $11,714 |
| 5th | $38,857 | |
20th | $10,857 |
| 6th | $32,429 | |
21st | $9,143 |
| 7th | $32,571 | |
22nd | $8,000 |
| 8th | $29,714 | |
23rd | $6,857 |
| 9th | $26,857 | |
24th | $4,571 |
| 10th | $24,000 | |
25th | $4,000 |
| 11th | $21,143 | |
26th | $2,857 |
| 12th | $18,857 | |
27th | $2,286 |
| 13th | $16,000 | |
28th | $2,000 |
| 14th | $14,857 | |
29th | $1,714 |
| 15th | $14,286 | |
30th | $1,429 |
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