Ms. Olympia has the second-highest payout of the rest of the events, coming in at $95,000. The total prize money and ...
Arnold Schwarzenegger announced that next year he would be increasing the Open winner prize money from $300,000 to $500,000. This increase will surpass the current Mr. Olympia bounty set at $400,000.
Bodybuilding veteran Lee Priest discussed Arnold Schwarzenegger's chances of raising the prize money beyond $500K at the Arnold Classic.