Jannik Sinner faces Wimbledon prize money blow after beating Carlos Alcaraz in final

Top Five Greatest Wimbledon Finals
Callum Vurley

By Callum Vurley


Published: 13/07/2025

- 20:23

Jannik Sinner crushed Carlos Alcaraz to land his maiden Wimbledon title

The taxman's reach extends even to the manicured lawns of SW19, where this year's Wimbledon champions discovered their £3 million prizes come with rather substantial deductions.

Both singles winners face an effective tax rate of 36.52 per cent, according to Sean Packard, tax director at OFS Wealth.


This hefty levy reduces their winnings to approximately $2.5 million (£1.95 million).

The UK's tax regime for tennis prizes encompasses not only the tournament winnings but also endorsement earnings from equipment used during the fortnight.

Jannik Sinner

Jannik Sinner beat Carlos Alcaraz to become the newest Wimbledon champion

Reuters

Players initially face a 20 per cent withholding tax, with potential rates climbing to 45 per cent after expenses are deducted, as Monaco-based international tax consultant Andreas Bosse explained.

The disparity in tax burdens between the two champions proves particularly striking. Jannik Sinner, who maintains his primary residence in Monaco, faces no additional taxation beyond the UK's requirements.

JUST IN: Jannik Sinner achieves redemption as world No 1 beats Carlos Alcaraz to win Wimbledon

Meanwhile, Poland's Iga Swiatek confronts a further 4 per cent levy from her home country, reducing her championship earnings by an additional $162,000 (£126,000).

This geographical lottery of taxation means the women's champion ultimately retains considerably less than her male counterpart.

Monaco's tax-free status has attracted numerous tennis elite, including Novak Djokovic, Daniil Medvedev, Holger Rune and Stefanos Tsitsipas, alongside Formula 1 stars Max Verstappen, Lando Norris and Charles Leclerc.

The financial implications extend well beyond the champions. Runners-up, who received $2 million (£1.56 million), saw their prizes reduced by more than $700,000 to $1.2 million after the 36.52 per cent rate was applied.

American players face particularly onerous obligations. Amanda Anisimova, the women's runner-up, confronts additional US tax requirements including self-employment levies and Medicare surtaxes, as Packard noted.

These supplementary charges further erode prize money for US nationals competing at the All England Club.

The tournament's total prize pool reached $72.2 million (£56.5 million) this year, marking a 7 per cent increase from 2024.

READ MORE: John McEnroe calls for Wimbledon chiefs to enforce ban after seeing Iga Swiatek and Amanda Anisimova antics

Iga Swiatek WimbledonIga Swiatek delivered a devastating performance at Wimbledon on Saturday, crushing Amanda Anisimova 6-0, 6-0 in the women's singles final, but was forced to give back her trophy afterwardsPA

Sinner's triumph marked his first Wimbledon title after defeating Carlos Alcaraz 4-6, 6-4, 6-4, 6-4 in three hours and four minutes on Sunday. The victory represents the Italian's fourth Grand Slam title overall.

Swiatek's dominance proved even more emphatic, requiring just 57 minutes to dispatch Anisimova 6-0, 6-0 on Saturday.

Her flawless performance marked the first time in Wimbledon's Open Era that a woman claimed the singles title without dropping a single game.

The achievement stands as the first such perfect victory at any Grand Slam since 1968, underlining the Polish player's extraordinary form despite the subsequent tax burden awaiting her historic £3 million prize.

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