What happens to the campaign money when the presidential candidate drops out of the race?

Answer 1

Assuming that the campaign is not in the red, the candidate has three choices under federal election law:

1) Keep it in the campaign account for the next campaign;

2) Donate it to other candidates or to the candidate's political party; or

3) Donate it to a 501(c) orgranization (a charity).

The candidate does not to keep it personally. The ultimate disposition of any campaign funds must be disclosed in reprots filed with the FEC.

Answer 2

Since the campaign money is donations, I am guess the candidate keeps it.