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
While Jennings performed a half-baked trick, it still managed to thoroughly entertain the fans.
12 hours ago
The player, Andy Schwartz registered the first loss of a car since Seacrest took over as host.
14 hours ago
The guest kept his grandparents' antique instruments under his bed for years.
16 hours ago
Harris wasn't the only one who came up with an answer that shocked everyone.
17 hours ago
Despite getting a high auction estimate, the owner of the Meiji Period lamp chose to keep it.
1 day ago
The player, Gabriel Berkowitz pulled off a perfect night winning over $45,000 and a car.
1 day ago
Harvey showed no mercy after he found out that Sweet Lou Dunbar didn't know how apps work.
1 day ago
The founder of Plop Star made an unforgettable entry and a sad exit from the show.
2 days ago
The host is otherwise quick to reprimand families for backing absurd answers.
2 days ago
While the Marvel comic book fetched a $50,000 appraisal, Harrison felt it was too rich for him.
2 days ago
Jimmy Alexander became the first player to lose a brand-new car on season 43 of the show.
3 days ago
The contestant, Brianne Peterson got extremely unlucky with her letter picks for the final puzzle.
3 days ago
The guest was told that the Jasper Johns Flag Print wouldn't be valuable but it was worth thousands.
3 days ago
It didn’t help that Alvin Rosales was playfully scolded by the host just before losing the Bonus Round.
4 days ago
The photos featured some looks of the show's legendary former host, Alex Trebek, as well.
4 days ago
The player, Kate Stuntz, pulled off a miraculous win to take home over $68,000 and a trip to Iceland.
4 days ago
The owner couldn’t believe the value of Jane Peterson’s "The Floats" gouache painting.
5 days ago
The player, Callie DeWeese, failed to choose the right letters in the Bonus Round, leading to her loss.
5 days ago
The personal digs at the host have been relentless on the show by producers and players.
5 days ago
The guest had no idea how valuable her grandfathers Dutch tinware coffee pot was.
6 days ago