January 27, 2011 6:33 pm at 6:33 pm
#732852
Feif Un
Participant
This is from Wikipedia:
The top-scorer on each show keeps his or her winnings and returns as the champion in the next match, and non-winners receive consolation prizes. The current prizes are $2,000 for the second-place contestant and $1,000 for the third-place contestant. Since the show does not provide airfare or lodging for most contestants, these cash consolation prizes alleviate the financial burden of appearing on the show. Prior to May 16, 2002, the second-place contestant typically received a vacation package or merchandise and the third-place contestant received lesser-value merchandise. Prior to 1984, all contestants kept their winnings, and contestants who finished with scores below $0 received consolation prizes.