Jewel's Reward (March 10, 1955 – September 16, 1959) was a Thoroughbred Champion racehorse. He was voted the American Champion Two-Year-Old Colt of 1957 by the Thoroughbred Racing Association and Turf & Sports Digest magazine. The rival Daily Racing Form poll was topped by Nadir.^[1] Owned by the Maine Chance Farm of "Cosmetics Queen" Elizabeth Arden, Jewel's Reward was trained by National Museum of Racing and Hall of Fame inductee Ivan Parke.^[2]

Following his championship year, in which he won more money than any other two-year-old in history,^[3] at age three Jewel's Reward was ranked a top contender for the U.S. Triple Crown series after winning the Wood Memorial Stakes at Belmont Park in Elmont, New York.^[4] However, an injury during a workout hampered the colt ^[5] and after being sent off as the betting favorite, he ran fourth in the Kentucky Derby^[6] and seventh in the Preakness Stakes.^[7] Later that year, Jewel's Reward was sent to race in California, where he was trained by Bill Molter.

Returned to the East Coast, in August 1959 the four-year-old Jewel's Reward came down with colic and died on September 16 in his barn at Belmont Park. ^[8]