There is no doubt that Squid Game had people all across the world on the edge of their seats with its violent games, dramatic character drama, and piercing social satire. But at the heart of this worldwide trend is one thing that can't be denied: it's all about the Money. The final prize, 45.6 billion South Korean won, is as famous as the show's red and green jumpsuits. To comprehend how desperate the series is, many international viewers, especially those in the United States, need to know how much this huge amount of money is worth. This isn't just a big number; it's the ultimate bait that shows how desperate people may be.
The show, which just started its third season, still uses money as the main reason for its characters to do things. Every choice, every partnership, and every betrayal is ultimately linked to the promise of getting out of terrible debt and getting a fortune that will change your life. The drama does a great job at establishing suspense and developing its characters, but I keep coming back to the main question: what is 45.6 billion won really worth, and is it really enough to make up for the horrible things the participants go through?
How Much Is the 45.6 Billion Won Prize in US Dollars?The Real Value of the Game's Last Jackpot
The grand prize in Squid Game, 45.6 billion South Korean won, is a lot of money in US dollars. As of June 30, 2025, one South Korean Won is worth about 0.00073 US Dollars. This indicates that 45.6 billion won is about the same as $33.4 million US dollars. This number is what makes 456 participants put their lives on the line in a series of deadly children's games, which shows how hard it is for them to make ends meet every day.
It's hard to believe that such a large amount of money could make people go to such lengths. But the show makes it plain that these people, who are in debt and ignored by society, see this money as their only chance to survive and provide for their family. The size of the reward is meant to be too good to pass up, a light of hope in a world that has otherwise given up on them. The money is more than just a prize; it means that you are free from a life of crushing financial anguish.
Other Important Money Figures That Move The Squid Game Story

The Smaller Amounts That Still Have a Lot of Power
The final prize is the most talked-about number, but Squid Game also employs smaller, incremental amounts to control its players and move the story forward. In season 2, Gi-hun (Lee Jung-jae) is now obsessed with stopping the game's designers and offers anyone who can find The Recruiter (Gong Yoo) a 500 million won bonus. This 500 million won is about $367,411 US dollars, which is enough money to get his hired help to work hard.
The game also has prizes that get bigger as you play, which affects what players do. After the first game, the jackpot goes up to about 25 million won each individual for the rest of the participants. That's about $18,370 US dollars. After the second game, when more players are eliminated, each person's share goes up to 78 million won, which is around $57,319 US dollars. After the third game, when there are only a few players left, the possible prize per person goes up to 240 million won, which is around $176,367 US dollars.
The players are having a hard time dealing with these rising quantities. As one character says in season 3, the initial amounts might not even cover 10% of certain players' debt, but the prospect of a triple prize after each game keeps them hopeful. These numbers, while less than the final prize, are just as crucial in showing how people are being manipulated psychologically, making them measure their lives against rising cash rewards.
The Long-Lasting Effects of Squid Game's Money Stakes

Why the money is more than just a prize
In Squid Game, the money is more than simply a prize; it's a character that affects how everyone acts and what they want. It shows how different the lives of the players are from those of the rich VIPs who wager on people's lives for fun. The players are willing to die for a chance to get out of debt. This gives the series a strong statement about how unfair the economy is and how far people will go when they are pushed to their limits. The story is based in a harsh reality because of the money at stake, even though it has a magical premise.
I usually feel sad when I watch the show because it makes me think about how people are just worth their money. The series does a great job of using these conversions to US dollars to make the stakes clear to people all across the world, showing that the characters' desperation is something everyone can relate to. Not only is Squid Game a great story, but it also shows how money can both ruin and shape people's lives. It will last for a long time.
You can watch all three seasons of Squid Game on Netflix.