Participants who took 1-3 places in each tournament are awarded with cups, diplomas, medals.
The guaranteed tournament fund is 1,000,000 (one million rubles).
Cash prizes (for all age groups):
Place
| Prize money (in RUB)
- 1 place | 40 000 rub.
- 2 place | 35 000 rub.
- 3 place | 30 000 rub.
- 4 place | 25 000 rub.
- 5 place | 20 000 rub.
- 6 place | 10 000 rub.
- 7 place | 10 000 rub.
- 8 place | 10 000 rub.
- 9 place | 10 000 rub.
- 10 place | 10 000 rub.
- 11 place | 10 000 rub.
- 12 place | 10 000 rub.
- 13 place | 10 000 rub.
- 14 place | 10 000 rub.
- 15 place | 10 000 rub.
TOTAL 1,000,000 (one million) rubles
Prizes are awarded based on the final standings, with additional tiebreakers being
taken into account. If all additional tiebreakers are equal, prizes are split equally.
The Chess Federation of Russia will, within 3 months from the date of publication of the competition result, pay the prize money to the participants by bank transfer to the accounts specified by athlete’s parents (legal representatives) to CFR.
In order to receive the prize money, it is necessary to send the following documents to the accounting department of CFR (deviatova@ruchess.ru) by March 21, 2024.
For residents (payment is made in rubles):- player's request for transfer prize money to his/her parent's account;
- copy of the player's birth certificate;
- copy of the player's INN certificate;
- copy of the parent's passport (front page and the page your registered residence address);
- parent's bank details (in the form of a bank statement).
For non-residents (payment is made in RMB):- prize money payment details (in the form of a bank statement);
- copy of the passport (front page and the page with your registered residence address);
The prize money is subject to taxation in accordance with the laws of the Russian Federation (paragraph 1, Article 226 of the Tax Code of the Russian Federation) The personal income tax rate is 13% for residents of the Russian Federation (paragraph 2, Article 224 of the Tax Code of the Russian Federation), and 30% for non-residents of the Russian Federation (paragraph 3, Article 224 of the Tax Code of the Russian Federation).