Jannik Sinner’s true Wimbledon prize money revealed as winner set to lose third of his earnings

Jannik Sinner may have pocketed a big sum of prize money for his triumph at Wimbledon but the UK government will be taking a fair chunk of that.

The Italian defeated his adversary Carlos Alcaraz three sets to one at the grass court showpiece event and as well as the famous trophy, Sinner earned a huge amount in prize money.

For 2025, both the men’s and women’s singles champion took home £3 million ($4.05 million) of a total $72.2 million prize pool but a finance expert has claimed that figure could be reduced to $2.5 million once relevant taxes have been paid.

Sean Packard, OFS Wealth’s tax director, told Forbes that in the UK, prize money is charged an initial withholding tax of 20% before paying up to 45% back to the government. Sinner would also have to pay tax on any endorsements he received for the equipment he used during the tournament.

The Italian would then have to pay income tax at his place of residence but the 23-year-old is registered in the tax haven of Monaco. Sinner is not the only tennis player to take advantage of this perk with Novak Djokovic, Daniil Medvedev, Holger Rune and Stefanos Tsitsipas all officially living in the microstate.

Losing finalist Alcaraz still lives in Alicante, so will have to pay tax in Spain too on his £1,520,000 winnings.

Women’s winner Iga Swiatek meanwhile still lives in Poland where she will have to pay an additional 4%, translating roughly to $162,000.

Losing finalist Amanda Anisimova will be required to pay additional US payments such as self-employment levies or additional Medicare surtax.

As well as the financial achievement, Sinner’s victory over Alcaraz allowed him to put the French Open defeat behind him. Of that comeback, Sinner was said it was the aspect he was most proud of.

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“This, I think, is the part where I’m the proudest of because it really has not been easy. I always tried to be honest with me and had the self-talk too, you know, what if, what if? I always tried to accept it, in a way.

“Things can happen. I believe if you lose a Grand Slam final that way, it’s much better like this than someone kills you, you know, that you make two games. Then after you keep going, keep pushing.

“I did a lot of intensity in every practice because I felt like that I could play very good. That’s why I also said after Roland Garros that it’s not the time to put me down, no, because another Grand Slam is coming up, and I did great here.”

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