ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

The prize money for 'Family Feud' is still the same as it was in 2001 and yes, it's awfully low

The iconic show first aired in 1976, and at the time, the maximum prize for the Fast Money round was $5,000.
PUBLISHED SEP 27, 2024
Steve Harvey Tyra Banks speak onstage during the 42nd Annual Daytime Emmy Awards | Getty Images |Photo by Allen Berezovsky
Steve Harvey Tyra Banks speak onstage during the 42nd Annual Daytime Emmy Awards | Getty Images |Photo by Allen Berezovsky

"Family Feud" is one of those game shows that has achieved an iconic status and reserved a place in television history. Thanks to its hosts Richard Dawson and Steve Harvey, the show has managed to run for over half a century. Despite running this long, very little has changed in the format of the show. Apart from the spin-off "Celebrity Family Feud," nearly everything has remained the same including the prize for the "Fast Money Round". This is what fans on Reddit are complaining about, suggesting that it may be the time for a change. 

 Steve Harvey at the 42nd Annual Daytime Emmy Awards | Getty Images | Photo by Jesse Grant
Steve Harvey at the 42nd Annual Daytime Emmy Awards | Getty Images | Photo by Jesse Grant

"Family Feud" first aired in 1976, and at the time, the maximum prize for the Fast Money round was $5,000. It was then doubled to $10,000 and after 25 years, it was raised to $20,000 in 2001. Since then the prize has remained unchanged, as per The Sun.



 

Thus, on the popular forum, r/gameshow, the original poster asked, "Does anyone think that family feud should raise their prize money from $20,000? If yes, what do you think it should be?" suggesting that the prize money that has remained the same since 2001, is too low for the current times. 

Several Redditors expressed that the prize money was indeed too low and that it should be raised. "Definitely. $100k. A family of 4 winning $20k isn't really that much. I'm amazed how excited some of the families get on that show," user u/Skellington72 wrote in the post. 

Screenshot from the comments | Reddit | r/gameshows
Screenshot from the comments | Reddit | r/gameshow

"I think it should be $25,000 and maybe bring back a car for if a family can get all 5 number 1 answers," suggested u/Barzalicious. The user pointed out the fact that the show had a car as a prize for the family that won all 5 games since 2009. However, this year, the car was removed and now, families who win all the games are awarded an additional $30,000.



 

Another issue that the user pointed out was the $5 consolation per point that contestants receive if they fail to reach 200 points in the Fast Round. "The $5 per point as a consolation is the biggest thing that needs to be changed. I'd go with 'divide the jackpot by 1000' per point no matter what the jackpot is," user u/LogstarGo_ suggested. 

However, there were some users who argued in favor of keeping the show the same. "Production-wise, it's syndicated, considered a daytime show, and fits in a half-hour time slot. That's not where the big bucks are, from advertisers or for game show winners," user u/JJJJust/ explained, suggesting that the $20 to $25,000 prize pool was appropriate. 

Screenshot from the comments | Reddit | r/gameshow
Screenshot from the comments | Reddit | r/gameshow

Another user suggested that raising the prize to $100,000 won't benefit the show anyway. "I'll state the obvious. Would you (or the masses) watch it more if it was $25k, even $100k (which is ridiculous unless you want a neutered bonus round)? Doubtful," user u/Alphadelt613.  Some even suggested that as contestants, they would be happy to take the share of $4,000 from the $20,000 prize pool. 

For more such interesting posts on game shows, follow r/gameshow on Reddit.

MORE ON MARKET REALIST
Harvey had to take a moment to school the contestant on how the game is played.
43 minutes ago
It seemed like Veronica forgot she was holding the host's hand after the win.
1 hour ago
The owner of the Jean-Michel Basquiat Oil Stick Painting made it clear that it wasn't going anywhere
2 hours ago
The player, Jason Warren missed out on taking home more than $86,000.
3 hours ago
The TikTok creator @thebiteo87 stirred a debate on social media by exposing the new tactic.
22 hours ago
Harvey couldn't believe what the NFLPA stars would choose for their wives to wear
1 day ago
Harvey barely held on to the podium after hearing the answers that shook him.
1 day ago
The celebration was justified as Joseph won a brand new car on his birthday.
2 days ago
The player, Shaunica Amantine missed out on taking home over $82,000 over the seemingly tough puzzle
2 days ago
After nearly losing a brand new car, Dylan got a second chance to take it home.
2 days ago
The seller Robert, chose to keep to his one-of-a-kind Boba Fett prototype, expecting to get more.
2 days ago
The player, Cherie Noisette, missed on out taking home more than $61,000 in prizes.
2 days ago
The seller refused to accept a lowball bid for his signed, rookie Mickey Mantle card.
2 days ago
Harvey couldn't relate more with the contestant and demanded the response to be number 1.
3 days ago
The player also brought her husband along on the stage to support her.
4 days ago
The guest who had very little idea about the Sun Valley poster was beyond delighted.
4 days ago
The FSIS announced at least five people were injured from consumption of the affected products.
4 days ago
In the end, the guest was ready to fight her sister for an item worth thousands of dollars.
4 days ago
Fans were heartbroken to see the player, Ryan, walk away empty handed.
5 days ago
Harvey couldn't believe the hard researched facts about catfish on the show.
5 days ago