Prize – One Grand Prize. One (1) Grand Prize Winner will receive a minimum prize of Ten Thousand US Dollars ($10,000). However, for each ten thousand valid entries above twenty thousand (20,000), the Grand Prize will be increased by Ten Thousand US Dollars up to a maximum of One Hundred Thousand US Dollars ($100,000). For purposes of clarity and illustration, the amount of the Grand Prize will be determined as follows:
0 to 20,000 Valid Entries = $10,000
20,001 to 30,000 Valid Entries = $20,000
30,001 to 40,000 Valid Entries = $30,000
40,001 to 50,000 Valid Entries = $40,000
50,001 to 60,000 Valid Entries = $50,000
60,001 to 70,000 Valid Entries = $60,000
70,001 to 80,000 Valid Entries = $70,000
80,001 to 90,000 Valid Entries = $80,000
90,001 to 99,999 Valid Entries = $90,000
100,000 or more** or more Valid Entries = $100,000**