What Is the Prize Money of Squid Game in U.S. Dollars?
What amount of money would you gamble your life for? In Netflix’s “Squid Game,” individuals facing dire financial difficulties consent to participate in a perilous game, hoping to win a substantial cash prize.
Season 2 introduces an intriguing twist to the game mechanics. After each round, players are given the option to vote on whether to end the games or to continue playing.
This new voting element heightens the tension among the contestants, as some are eager to keep risking their lives for a larger prize pool, while others feel the danger is not worth it and yearn to go home.
So, what is the actual monetary value at stake?
Netflix
What is $45.6 billion won in USD?
In the series, if the competition concludes with a single winner like in Season 1, the prize stands at $45.6 billion won.
When converted from South Korean won to U.S. dollars, this prize equates to $30,903,120 as of December 27, 2024, rounding up to approximately $31 million.
With 456 initial players, the value placed on each participant’s life is $100 million won, which translates to $67,851.
What are the prizes in Season 2?
The prize structure evolves in Season 2. The potential for voting could conclude the games prematurely, leading to multiple winners dividing the prize pot rather than having a single victor as in Season 1.
Before every voting round in Season 2, players are informed of the current total in the prize pot and how much each individual would receive if the majority opts to leave at that time.
Initially, each player’s share before the first vote would be $24,931,500 won, just shy of $17,000 per person.
By the time of the second vote, the prize pot has grown. If players decided to leave at that moment, they would each take home $78,823,530 won, which is slightly over $54,000 each.
After the third vote, each individual’s share would rise to $356,000,000, equating to just over $241,000 per player.
The season wraps up without concluding the games, and a third season has been confirmed by Netflix.
