prize money
noun
1
: a part of the proceeds of a captured ship formerly divided among the officers and men making the capture
2
: money offered in prizes
Examples of prize money in a Sentence
Recent Examples on the Web
The additional prize money means the winner will collect $3.1 million with $1 million for second place, $500,000 for third, $250,000 for fourth and $150,000 for fifth.
—
Alex Sundby, CBS News, 3 May 2024
Earlier this year, Churchill Downs announced the purse for the 2024 Derby would be an all-time high of $5 million, up from the $3 million in prize money that had been up for grabs since 2019.
—Alex Sundby, CBS News, 27 Apr. 2024
See all Example Sentences for prize money 
Alex Sundby, CBS News, 3 May 2024
Earlier this year, Churchill Downs announced the purse for the 2024 Derby would be an all-time high of $5 million, up from the $3 million in prize money that had been up for grabs since 2019.
—Alex Sundby, CBS News, 27 Apr. 2024
See all Example Sentences for prize money
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'prize money.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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“Prize money.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/prize%20money. Accessed 14 May. 2024.
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