Child models can earn upwards of $20,000 a year. Jobs range from a hundred dollars to a few thousand. Child models who model in TV commercials, billboard advertisements, and magazine shoots often have the largest earnings. Children can earn up to $10,000 for one job. Sometimes companies even pay $200 an hour! Models can earn royalties from commercials or photographs that have been used multiple times. Thus, models have the chance to earn more than their initial paycheck.