this post was submitted on 29 Dec 2023
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Game Shows

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Do game shows account for inflation when distributing cash prizes? (sh.itjust.works)
submitted 11 months ago* (last edited 11 months ago) by [email protected] to c/gameshows
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With all of this inflation, why have cash prizes remained the same? (For example, Jeopardy always has the minimum of $200 per clue; why does that never go up?)

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[–] TechNerdWizard42 4 points 11 months ago

If you were a contestant on What's My Line, you were competing for $50 max grand prize. A $20 prize was common and well received.

Family Fued with Dawson was $5k, then it went to $10k, and now with Steve Harvey it's $20k.

The Pyramid show was $10k Pyramid. That's literally what it was called in 1973. Then it was the 20k pyramid in the late 1970's, then $25k pyramid, then $100k pyramid.

So yes shows adjust for inflation over time. But as a game show, as long as it's popular and people are playing, why voluntarily give out more money.