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No they receive the prize for the place they were in. Only the winner wins the money second place pays $2,000 and third pays $1,000 even if they are negative amount or way over the amount of the prize

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Tax Form 1040 can you use negative amounts?

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Three contestants are shown a board with 6 categories that have 5 clues each ranging from $200-$1,000 in $200 increments. The current champion, on the left-hand side, selects a category and a dollar amount, at which the answer for the clue is read. After the host finishes reading the clue, the first contestant to ring in gets to provide the response, which must be in the form of a question. For example, if the clue was "He was the first president of the United States," the correct response would be "Who is George Washington?" If correct, the contestant gets the dollar amount of the clue, and selects another clue. If incorrect, the contestants loses the dollar amount, and another contestant can answer. One of the clues is a "Daily Double" clue, where the contestant can wager any or all of their current winnings The minimum wager is $5, and the maximum is everything, frequently called a "True Daily Double." If the contestant has less than $1,000 at the time of finding it, they can wager up to $1,000. Only the contestant who found the Daily Double can answer it. After all the clues are cleared or time runs out, there is a second round, the Double Jeopardy round, where dollar amounts range from $400-$2,000 in $400 increments, and there are two Daily Doubles on the board. After this round is the Final Jeopardy round, where the contestants are shown a category, and can wager anything from $0 to their entire winnings. After a commercial break, the clue is shown, and the contestants have 30 seconds to write their response. At the end of the 30 seconds, the responses are shown, and whoever has the most money is the champion and returns on the next show. The second place contestant gets $2,000, and the third place contestant gets $1,000. If a contestant has $0 or a negative amount after Double Jeopardy, they aren't able to play Final Jeopardy.


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On the game show "Minute to Win It," contestants typically compete for cash prizes that can range from $1,000 to $1 million. However, the average amount won by contestants varies significantly based on their performance, with many winning smaller amounts in the lower range. Most contestants who make it to the final rounds often win sums between $10,000 and $50,000. Overall, the average prize tends to be around $10,000 to $20,000 per contestant.