How much is Squid Game Season 2 Prize money worth in USD? Explained

How much is Squid Game Season 2 Prize money worth in USD? (Image via Netflix)
How much is Squid Game Season 2 Prize money worth in USD? (Image via Netflix)

Squid Game season 2 marks the return of Seong Gi-hun, who puts his life at stake once again by participating in the dangerous game. However, this time his motive is revenge on the VIPs, and to end the games once and for all.

Gi-hun is joined by 455 new players struggling with debts and financial struggles, who are ready to play the deadly game to win a massive cash prize. The second season features a winning prize of 45.6 billion South Korean won for the contestants, just like the first installment of the series.

Looking at the extent the players go to win the games, viewers would be wondering how much the cash prize is worth in American dollars (US$ or USD).

The Squid Game Season 2 prize money of 45.6 billion won is equivalent to around US$31.1 million.


Squid Game Season 2 prize money is worth $31.1 million

At the time of writing, one South Korean won is worth 0.00068 US$. Hence, the prize money in Squid Game Season 2 (45.6 billion won) amounts to US$3111376.46. The winner of the games would get US$31.1 million, which is enough to get rid of their financial troubles and live a luxurious life. This explains why the players do not think twice before putting their lives in danger and entering the game.

It is to be noted that since conversion rates keep fluctuating, the equivalent amount in US$ might vary over time.

The prize money in the currencies of other countries amounts to a humungous amount, too, what with 45.6 billion won being worth 45.2 million Canadian dollars, 50.5 million Australian dollars, 24.8 million British pounds, and 29.9 million euros. Indeed, the prize money in Squid Game season 2 is a hefty amount.


A bounty of 500 million won is placed on the recruiter in Squid Game Season 2

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In the first episode of the second season, Seong Gi-hun teams up with loan shark Kim to take down the people behind the games. The loan shark places a bounty of 500 million won on the recruiter, the mysterious man responsible for bringing players into the game.

Converting 500 million won to US$ in Squid Game gives the amount of $3,40,000. This means anyone who tracks down the recruiter would have earned a reward of $340k. However, as seen in the show, things do not go as planned and Gi-hun is lured back into the games.


Every player’s life is worth 100 million won in Squid Game Season 2

Similar to the first season, the second installment showcases a huge piggy bank that is suspended from the ceiling in the players’ dorm. Each time a player is eliminated, currency notes worth 100 million won are added to the piggy bank.

This means each player’s life is valued at 100 million won in the show. When converted to American dollars, the amount turns out to be only US$68,000. Hence, the VIPs and the organizers have set the value of a human life at just US$68k. For their entertainment, they are willing to throw away tons of money and watch people suffer and die.

The second season also introduces a new rule where the players can quit the game, and distribute the remaining cash prize equally among themselves. However, they choose to continue playing driven by greed, believing they can be the last person standing, and win 45.6 billion won.

Squid Game Season 2 dropped on Netflix, on December 26, 2024

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Edited by Vinayak Chakravorty