Skip to main content
Come Fan with UsSaturday, June 20, 2026

Preakness 2016 payout: Exaggerator ends Nyquist’s Triple Crown hopes

Exaggerator beat the favored Nyquist with a furious charge down the stretch, winning the 2016 Preakness Stakes at Pimlico Race Course in Baltimore.

It ends the Triple Crown hopes for Nyquist, who suffered his first loss in nine career races. Nyquist was at the front for most of the race, battling from the start with 35-1 underdog Uncle Lino. But with the Exaggerator push, Nyquist finished third.

Jockey Kent Desormeaux captured his third Preakness victory, along with Real Quiet in 1998 and Big Brown in 2008. His brother, trainer Keith Desormeaux, won his first Triple Crown race on Saturday.

The Preakness carries a guaranteed $1.5 million purse, with Exaggerator taking home $900,000 as the winner. Runner-up Cherry Wine won $300,000, Nyquist $165,000 for third place, Stradivari won $90,000 for finishing fourth, and Lani took home $45,000 for a fifth-place finish.

Here are the individual betting payouts.

Horse Win Place Show
Exaggerator $7.20 $3.20 $2.40
Cherry Wine $9.80 $4.20
Nyquist $2.20

More in Triple Crown

Triple Crown
Kentucky Derby winner Golden Tempo to miss PreaknessKentucky Derby winner Golden Tempo to miss Preakness
Triple Crown

Golden Tempo skipping the Preakness is the latest sign the Triple Crown schedule needs to be changed

By Mark Schofield
Kentucky Derby
Full results, payouts, purse money for 152nd Kentucky DerbyFull results, payouts, purse money for 152nd Kentucky Derby
Kentucky Derby

Here are the final results for the 2026 Kentucky Derby

By Collin Sherwin
Kentucky Derby
Latest odds for 2026 Kentucky DerbyLatest odds for 2026 Kentucky Derby
Kentucky Derby

We take a look at how the prices are currently before the Run for the Roses in Louisville on Saturday. We’ll update through post time at the 2026 Kentucky Derby.

By Collin Sherwin
Triple Crown
Everything to know heading into the 2026 Kentucky DerbyEverything to know heading into the 2026 Kentucky Derby
Preakness Stakes
Which horses are racing at the 2025 Preakness Stakes?Which horses are racing at the 2025 Preakness Stakes?
Preakness Stakes

The second jewel in the Triple Crown will run on May 17. We will provide updates as horses are announced for the Preakness Stakes at Pimlico.

By David Fucillo
Kentucky Derby
Watch the full race video of Sovereignty win in 2025 Kentucky DerbyWatch the full race video of Sovereignty win in 2025 Kentucky Derby
Kentucky Derby

Sovereignty wins the 151st Kentucky Derby as he beats back the favorite journalism. Watch the video here.

By Collin Sherwin