Quote Originally Posted by chompstick
I remembered having read an article about this a long time ago, so I searched and found it:

http://abcnews.go.com/sections/enter...ate082500.html

It is in $15,000 increments to a point. The prizes quoted were

3rd - $85,000
4th - $70,000
...
9th - $27,500
16th - $2,500
Thanks for the informative article!! It was very interesting and answered some questions I've had about the show.