Flemington Racecourse hosts the 165th running of the Melbourne Cup on Tuesday, November 4.
A host of staying talent from Australia and around the world will compete over two miles in one of thoroughbred racing's most revered events.
AllSportsPeople has all the prize money and purse details for this year's Melbourne Cup below.
MORE MELBOURNE CUP
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Melbourne Cup prize money: How much does the winner earn?
A total prize money pool of $10 million will be up for grabs in the Melbourne Cup this year, up from $8 million in 2024.
The connections of the winning horse are set to pocket $4.5 million.
Winnings are typically split between the owners (85 per cent), trainer (10 per cent) and jockey (5 per cent).
As for the physical prize, the jockey, trainer and owner of the winning horse will receive their own version of the Melbourne Cup trophy.
Melbourne Cup 2025: Prize money, breakdown, winnings
| Finish | Prize money (AUD) |
| 1st | $4.5 million |
| 2nd | $1.11 million |
| 3rd | $560,000 |
| 4th | $360,000 |
| 5th | $240,000 |
| 6th-12th | $160,000 |
| 13th-24th | $100,000 |
When is the Melbourne Cup?
This year's Melbourne Cup will be held on Tuesday, November 4 at Flemington Racecourse.
As the seventh race on a 10-race card, it is set to commence at 3:00 pm AEDT.
What channel is the Melbourne Cup on?
This year, the Melbourne Cup will be broadcast live and free on Channel 9.
Sky Racing will also show the main race from Flemington, as well as every other race across the country on Tuesday.
Melbourne Cup 2025 final field, barriers and betting odds
| Runner (Barrier) | Jockey | Trainer | Odds |
| 1. Al Riffa (19) | Mark Zahra | Joseph O'Brien | $5.50 |
| 2. Buckaroo (12) | Craig Williams | Chris Waller | $11 |
| 3. Arapaho (15) | Rachel King | Bjorn Baker | $41 |
| 4. Vauban (2) | Blake Shinn | G Waterhouse & A Bott | $23 |
| 5. Chevalier Rose (5) | Damian Lane | Hisashi Shimizu | $51 |
| 6. Presage Nocturne (9) | Stephane Pasquier | Alessandro Botti | $9 |
| 7. Middle Earth (13) | Ethan Brown | Ciaron Maher | $41 |
| 8. Meydaan (22) | James McDonald | Simon & E Crisford | $21 |
| 9. Absurde (4) | Kerrin McEvoy | Willie Mullins | $16 |
| 10. Flatten The Curve (17) | Thore Hammer Hansen | Henk Grewe | $21 |
| 11. Land Legend (16) | Joao Moreira | Chris Waller | $61 |
| 12. Smokin' Romans (11) | Ben Melham | Ciaron Maher | $61 |
| 13. Changingoftheguard (24) | Tim Clark | Kris Lees | $61 |
| 14. Half Yours (8) | Jamie Melham | Tony & C McEvoy | $7.50 |
| 15. More Felons (23) | Tommy Berry | Chris Waller | $51 |
| 16. Onesmoothoperator (6) | Harry Coffey | Brian Ellison | $34 4 |
| 17. Further (7) | Michael Dee | Andrew Balding | $41 |
| 18. Parchment Party (3) | John Velazquez | William Mott | $51 |
| 19. Athabascan (1) | Declan Bates | J O'Shea & T Charlton | $61 |
| 20. Goodie Two Shoes (20) | Wayne Lordan | Joseph O'Brien | $31 1 |
| 21. River Of Stars (14) | Beau Mertens | Chris Waller | $16 |
| 22. Royal Supremacy (21) | Robbie Dolan | Ciaron Maher | $26 |
| 23. Torranzino (18) | Celine Gaudray | Paul Preusker | $34 |
| 24. Valiant King (10) | Jye McNeil | Chris Waller | $11 |