Anthony Joshua, Jake Paul, Boxing

Anthony Joshua Set to Lose $66M Despite Knocking Out Jake Paul

He still walks away with a nice chunk of change, though.


Boxer Anthony Joshua could lose millions in his knockout win over influencer-turned-boxer Jake Paul.

In the Dec. 19, fight which took place, in Miami, Joshua knocked out Paul in the sixth round. The next day, Paul posted an update confirming that his jaw was broken in two places.

Joshua is set to take a beating, too. (Kind of.) According to Yahoo Sports, the British fighter will actually lose around half of the $140 million Australian prize purse, on top of a seven-day suspension due to boxing rules.

He will have to give up 37% due to U.S. federal income tax, in addition to $11.3 million for British taxes. Nearly $3 million more will go toward National Insurance contributions.

This leaves him with a fraction of that initial payout, totaling to a take-home prize of $74 million. On the other hand, Paul, who received the same amount as Joshua, only has to give up $55 million for U.S. taxes.

Many in the boxing community have saluted Joshua for thrashing Paul. The internet personality’s transition to boxing has garnered polarizing reactions from boxing enthusiasts, highlighted by controversial fights with retired boxing giants like Floyd Mayweather Jr. and Mike Tyson.

However, Paul’s latest effort showcases what a seasoned, current professional can do in the ring.

RELATED CONTENT: Jake Paul Cancels Exhibition Match Against Gervonta Davis After Domestic Violence Accusations


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