Squid Game prize money in pounds revealed after season 3 finally drops
Netflix's most popular show, Squid Game, has returned for a third and final season with the stakes higher (and bloodier) than ever.
The first season, which came out in 2021, topped Netflix's global charts with an astonishing 265,200,000 views, dethroning Bridgerton at the time and even outpacing Jenna Ortega's series Wednesday, which trails in second.
The thrilling drama, created by Hwang Dong-hyuk, follows desperate individuals as they compete to win billions by taking part in a deadly competition.
If they manage to beat their fellow competitors, they can win a cash prize of ₩45.6billion won; however, if they lose, they will meet a gruesome end.
The premise proved so popular that Netflix even hosted a real-life Squid Game – minus the grisly deaths, of course – to secure a reduced (but still life-changing) $4.56million (£3.6million).
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Now, the show has returned for a third inning as Seong Gi-hun (Lee Jung-jae) re-enters the life-and-death contest, many fans are still wondering just how much 45.6billion won is in pounds and dollars.
We have answers right here…
In the show, 456 debt-ridden people are chosen to take part in the games.
Each player is worth one hundred million won, amounting to 45.6billion in total.
More cash is added to the pot every time a player dies, enticing the competitors to push on while persuading them to turn on one another.
The South Korean won is the official currency of South Korea, with one won equalling 0.00054 GBP, at the time of writing.
That means the 45.6billion prize money would convert to £24.9million.
While that may not sound as much as 45.6billion, it is still a massive sum of money that can completely transform someone's life, much like the characters in the show who are in desperate need.
But would it be enough to convince you to enter the games?
For viewers watching the show in the US, the figure is slightly different.
According to the exchange rate as of June 2025, 45.6billion won is equivalent to $33,487,798.27, so just over $33million – again, not bad!
In any currency, there is a lot of money on the line for the players of Squid Game, a prize many contestants are willing to die—and kill—for.
In season 1, Seong Gi-hun battles through the notorious Red Light, Green Light challenge, perfectly cuts a shape out of a honeycomb, wins tug of war, triumphs in marbles, and crosses a deathly bridge before facing the titular Squid Game.
Oh, and he does all of this while watching his friends and allies be picked off one by one. More Trending
In the end, the player, who is in crippling debt to a group of loan sharks, bitterly rises victorious. But the horrors he has faced fuel a new kind of bloodlust, and he returns to the Squid Game arena to take his revenge in season 2.
All seasons of Squid Game are available to stream on Netflix now.
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This article was first published on December 26, 2024.
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