Squid Game: The Challenge Prize Fund Explained

The highly anticipated premiere of Squid Game: The Challenge has arrived on Netflix. If you want to know more about what’s at stake for players, here’s an explanation of the prize money.

A whirlwind of social allegory, survival drama, childhood games and violent brutality, Squid Game captivated a global audience when it debuted on Netflix in 2021. The series’ explosive popularity is reflected in the numbers, as it attracted an impressive 111 million viewers in its first 28 days, making it the most-streamed Netflix series of all time.

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Back then, it might have been hard to imagine such a situation in real life, but now Squid Game: The Challenge is upon us and it’s everything we hoped for, with full-scale scenes and lots of money on the line – the The crucial difference is that in this version no one actually dies.

Before its premiere, the game show had already broken several records. With 456 players, Squid Game: The Challenge is said to have the largest cast in Netflix’s reality TV history, and the same goes for the huge cash prize. Here’s how much money the winner will take home.

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Squid Game: The Challenge Prize Fund Explained

The winner of Squid Game: The Challenge will take home a whopping $4.56 million – Netflix’s largest cash prize in reality television history.

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Similar to Squid Game, a huge piggy bank is hung in the dormitory where all players are staying. It starts empty: for each player eliminated, $10,000 is added to the piggy bank.

Ultimately, this number will continue to rise as participants fail a game or test, culminating in a staggering $4.56 million in prize money. Although not confirmed yet, we can expect a final $10,000 to be added to the winner as there are 456 players in total.

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It’s worth noting that the final figure isn’t quite as high as Squid Game’s, which came in at 4.56 billion won, which is about $38.5 million – but it’s still an unprecedented amount. With so much at stake, it’s no wonder players are doing everything they can to get through to the next round.

Squid Game: The Challenge Batch 1 (Episodes 1-5) releases on Netflix on November 22nd. More information about the show can be found below:

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Dustin Huang

Dustin Huang is a Nytimas U.S. News Reporter based in London. His focus is on U.S. politics and the environment. He has covered climate change extensively, as well as healthcare and crime. Dustin Huang joined Nytimas in 2023 from the Daily Express and previously worked for Chemist and Druggist and the Jewish Chronicle. He is a graduate of Cambridge University. Languages: English. You can get in touch with me by emailing: dustinhuang@nytimas.com.

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