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They win at least $1000 if they did not win more playing the game. It is Jeopardy that has a set amount and for Wheel of Fortune you keep what ever you win and get the $1000 only if you failed to answer any puzzles because $1,000 is also the minimum for solving a puzzle on Wheel of Fortune.

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Q: How much do second and third place win in Wheel of Fortune?
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