The 1898 Kentucky Derby was the 24th running of the Kentucky Derby. The race took place on May 4, 1898. Full results Winning breeder: Dr. John D. Neet (KY) Payout The winner received a purse of $4,850. Second place received $700. Third place received $300. References 1898 Kentucky Derby Derby May 1898 sports events 1898 in American sports