It's not known as "the world's richest race on turf" for nothing.
This year's edition of The Everest goes down at Royal Randwick on Saturday, October 18 and will see 12 of the world's best sprinters compete for a share of $20 million in a 1,200m dash for cash.
Let's break down the financials for this year's race:
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The Everest prize money breakdown: How much owners, trainer and jockey will earn in 2025 race
Rather than qualify for the race, the 12 runners are selected by slot holders, who pay a $700,000 fee in order to enter their horse into The Everest.
All up, there's AU$20 million on the line. Here's how it breaks down:
| Position | Total | Slot holder/Owner | Trainer | Jockey | Stablehand |
| 1st | $7,000,000 | $5,810,000 | $700,000 | $350,000 | $140,000 |
| 2nd | $2,900,000 | $2,407,000 | $290,000 | $145,000 | $58,000 |
| 3rd | $2,000,000 | $1,660,000 | $200,000 | $100,000 | $40,000 |
| 4th | $1,500,000 | $1,245,000 | $150,000 | $75,000 | $30,000 |
| 5th | $1,200,000 | $996,000 | $120,000 | $60,000 | $24,000 |
| 6th | $950,000 | $788,500 | $95,000 | $47,500 | $19,000 |
| 7th-12th | $700,000 | $581,000 | $70,000 | $35,000 | $14,000 |
And that's not all.
In addition to the prize money, the winners also receive some pretty flash silverware.
The owner's trophy is worth $625,000, while the trainer and jockey ($52,500 each) also walk away with some handy souvenirs.
The Everest 2025 field, barriers, odds
Odds via Unibet, at 18/10
| Runner (Barrier) | Trainer | Jockey | Odds | Slot holder |
| 1. Ka Ying Rising (7) | David Hayes | Zac Purton | $2.05 | Hong Kong Jockey Club/Australian Turf Club |
| 2. Briasa (10) | J, M & W Hawkes | Tyler Schiller | $10 | Max Whitby, Col Madden, Steve McCann & Neil Werret |
| 3. Overpass (9) | Bjorn Baker | Josh Parr | $41 | Newgate & GPI Racing |
| 4. Jimmysstar (11) | Ciaron Maher | Ethan Brown | $11 | TAB |
| 5. War Machine (4) | B, W & JD Hayes | Tim Clark | $9 | Coolmore |
| 6. Mazu (2) | Joe Pride | Jason Collett | $101 | Yulong Investments |
| 7. Jedibeel (8) | Brad Widdup | Kerrin McEvoy | $201 | Mulberry Racing |
| 8. Angel Capital (3) | Chris Waller | Ben Melham | $31 | James Harron |
| 9. Joliestar (5) | Chris Waller | James McDonald | $6 | Chris Waller Racing |
| 10. Lady Shenandoah (6) | Chris Waller | Damian Lane | $12 | Fairway Thoroughbreds |
| 11. Magic Time (12) | Grahame Begg | Michael Dee | $71 | Inglis |
| 12. Tempted (1) | Ciaron Maher | Craig Williams | $15 | Godolphin |
The Everest: Past winners
| 2017 | Redzel |
| 2018 | Redzel |
| 2019 | Yes Yes Yes |
| 2020 | Classique Legend |
| 2021 | Nature Strip |
| 2022 | Giga Kick |
| 2023 | Think About It |
| 2024 | Bella Nipotina |