this post was submitted on 29 Dec 2023
6 points (71.4% liked)

Game Shows

75 readers
1 users here now

A community to talk about game shows -- classic, modern, and everything else in between.

Rules

This community follows Lemmy/Mastodon World's rules. In addition to those rules:

This community's icon came from Vecteezy

founded 2 years ago
MODERATORS
[email protected]
6
Do game shows account for inflation when distributing cash prizes? (self.gameshows)
submitted 1 year ago* (last edited 1 year ago) by favrion to c/[email protected]
5 comments fedilink hide all child comments
 

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?)

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 4 points 1 year 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.