With the final finisher crossing under the burled arch in Nome, the Iditarod Trail Committee is able to announce the official breakdown of the race purse by finishing position. This breakdown is determined based on the number of total finishers, coming in at 37 for the 2022 race.
Below is a chart that details the prize money for places 1-20, totaling $482,167, as well as the customary $1,049 payment for places 21-37, which totals $17,833. The total prize money for the 2022 Race comes to $500,000.
| Payout By Position | 37 Finishers |
| 1st | $51,798 |
| 2nd | $43,518 |
| 3rd | $40,124 |
| 4th | $36,122 |
| 5th | $33,133 |
| 6th | $28,624 |
| 7th | $26,597 |
| 8th | $25,027 |
| 9th | $23,507 |
| 10th | $22,037 |
| 11th | $20,619 |
| 12th | $19,302 |
| 13th | $17,985 |
| 14th | $16,769 |
| 15th | $15,553 |
| 16th | $14,388 |
| 17th | $13,273 |
| 18th | $12,260 |
| 19th | $11,247 |
| 20th | $10,284 |
| 21st | $1,049 |
| 22nd | $1,049 |
| 23rd | $1,049 |
| 24th | $1,049 |
| 25th | $1,049 |
| 26th | $1,049 |
| 27th | $1,049 |
| 28th | $1,049 |
| 29th | $1,049 |
| 30th | $1,049 |
| 31st | $1,049 |
| 32nd | $1,049 |
| 33rd | $1,049 |
| 34th | $1,049 |
| 35th | $1,049 |
| 36th | $1,049 |
| 37th | $1,049 |
| $500,000 | |
