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Wheel of Fortune used to give consolation prizes many years ago. Today, if a contestant does not win any money or prizes, he or she receives a $1,000 consolation prize. Any contestant whose cash winnings totals less than $1,000 will receive $1,000 as well. All prizes already have a value of at least $1,000.
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What is the name of a game show loser's prize?
Among other names, they can be called "consolation prizes" or "parting gifts." What these kinds of prizes are called varies by game show.
Did Wheel of Fortune ever run out of prizes?
they always have money
Who pays for the prizes on Wheel of Fortune?
Wheel of Fortune pays cash prizes with the revenues from the show, or some prizes are part of a commercial message that the show earns revenues from by carrying the message and offering a chance for the contestant to win the prize. The time when the contestants paid for the prizes has been over for more than twenty years
Can you receive cash value for prizes in Wheel of Fortune?
They like to make contestants happy and might allow whatever changes to an individual contestant they decide to make including substitution of prizes. However you do not have a right to demand cash instead of a prize or even travel to a more desirable destination
What were the first prizes on the original Wheel of Fortune?
Originally, after winning a round, contestants spent their winnings purchasing prizes that were presented onstage. Some of the prizes included the Wheel of Fortune Dalmatian Dog, Furniture, Appliances, Electronics, and Various items that sponsors wanted shown on Television
