How does a breeder qualify for awards?
Awards are paid to registered New Jersey-breds finishing first through third in any races run within New Jersey. 35%* of the purse earnings will be paid if the foal is sired by a registered New Jersey stallion and the foal is conceived in New Jersey. 25%* of purse earnings will be paid if the foal is sired by a stallion that stands in a state other than New Jersey.
In any calendar year in which there is a surplus of money after the in-state awards program has been distributed, the surplus may be used to provide awards to the breeders of registered New Jersey bred horses who finish first through third in races run at an out-of-state racetrack held at least 30 days before the start of the first thoroughbred meet of the calendar year or 30 days following the conclusion of the last thoroughbred meet of the calendar year at a racetrack in New Jersey. The same percentages listed above will apply to the out-of-state races.
How does a stallion owner qualify for awards?
The owner of the stallion must register said stallion each year with the TBANJ. Stallion owners will receive an award equal to 10%* of the amount that the foals of the registered stallion earn while finishing first through third in races run within New Jersey.
How does an owner qualify for awards?
Owners of registered New Jersey-bred horses will receive an award equal to 10%* of purse earnings when their New Jersey-bred horse finishes first through third in open company races at a New Jersey racetrack.
In addition to the 10% award from the New Jersey-bred incentive fund the owner of any New Jersey-bred that finishes 1st-3rd in any open race will receive a 40% award from Monmouth Park and the Meadowlands. These funds will deposited directly into the owner's account at the racetrack and are considered part of the horses official earnings. The maximum award for the 40% bonus is $15,000 per horse.
*The maximum award for each finish will be determined annually. Please contact the Thoroughbred Breeders' Association of New Jersey for the current maximum award.