Among other names, they can be called "consolation prizes" or "parting gifts." What these kinds of prizes are called varies by game show.
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This category is for the USA game show not an Australian Game Show which does not recieve enough questions to have it's own category
The show was Truth or Consequences, a popular radio game show that also became a television game show. The city in question was originally called Hot Springs, changing its name to Truth or Consequences in 1950.
It depends on the show. For instance, on Millionaire, if you answer any of the one first five questions incorrectly, the "TOTAL PRIZE MONEY" banner reads $0, but you will really get some kind of consolation prize. On Wheel of Fortune and JEOPARDY, the minimum consolation prize for third place is $1,000. It all depends on the game show itself.
I was a writer with Terry on a game show called "The Crosswits". He also wrote for "Name That Tune"
Because penguin is the name of a bird