The sole winner of the titular death games in Netflix’sSquid Gamewins a guaranteed 45.6 billion won, but how much is that in US dollars? Written and directed by Hwang Dong-hyuk,Squid Gamebecame widely popularafter it landed on Netflix in September 2021, rising in the ranks to become one of the most-watched shows on the streamer. Over the years, while audiences have eagerly awaitedSquid Gameseason 2’s release, the IP has gradually grown into a full-fledged franchise, with Netflix releasing everything from a reality show to a game adopting the show’s ideas.

While every new addition to the franchise has had its own appeal, the parent series remains the centerpiece of the viral phenomenon for viewers all across the globe. Considering its worldwide success, several viewers from the West will also tune into the show for its second installment to immerse themselves in its dystopian games. Owning to this, it is hard not to believe that many would be curious about the value of the games' 45.6 billion won in dollars.

Seong Gi-hun ( Lee Jung-jae) as a player next to the Front Man in Squid Game Season 2

Squid Game’s 45.6 Billion Won Prize Is Equivalent To $31.42 Million

Even After Conversion, The Prize Amounts To A Massive Figure

Based on the exchange rate as of today, the value of 1 US dollar is equal to 1451.37 South Korean won. Therefore, 45.6 billion won can be converted to dollars by dividing 45.6 billion by 1451.37. This would givea final value of $31.42 million.

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Although three whole digits get shaved off the final value after the conversion, $31.42 million is still a hefty sum, especially when only one player wins it all. As shown in theNetflix Korean drama, it is enough money to get someone out of the abyss of endless debts and still leave them with the wealth to live luxuriously for the rest of their lives.

Players 149 and 007 holding hands in Squid Game season 2

How Much Each Player’s Life Is Worth In Squid Game

Each Player Is Valued At 100 Million Won

Since many players lose their lives during the central death games, the number of competitors goes down significantly after each round. Every time a player dies, the cash prize goes up, revealing that each player in the game has been assigned a fixed value. Since the final cash prize is 45.6 billion won, and a total of 456 players participate in the opening “Red Light, Green Light"game from bothSquid Gameseasons,each player is valued at 100 million South Korean won.

Gi-hun is once again Player 456 in Squid Game season 2.

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To convert 100 million South Korean won to USD, one must simply divide 100 million by 1451.37 since that is the value of 1 won. With this,the value of one player’s life in the game amounts to 68,937.29 in US dollars. These figures establish how the wealthy figures running the games care little about human lives and mindlessly throw away hefty sums of money for their entertainment. The millions they invest in the games probably mean nothing to them, but the same amount becomes a motivator for the players to put their lives on the line.

Squid Game Only Pays Its Full Cash Prize If There’s Only One Player Left

Season 2 Introduces A New System, But Nothing Seems To Change

AsSquid Gameseason 1 establishes, only one player gets to win the final 45.6 billion won prize.Squid Gameseason 2, however, introduces a new rule that allows players to vote whether they want to quit the games and equally divide their earnings or stick around for another round to increase the prize money. Even though this new rule allows the players to cash in part of the prize money and leave with a guaranteed sum,the greed to earn more compels many to continue. This results in many voting to stay and risk their lives inSquid Gameseason 2.

Squid Game

Squid Game is a South Korean series released in 2021 that follows numerous financially struggling participants who are invited to partake in children’s games with deadly outcomes. As they compete, they vie for a substantial cash prize, all while navigating lethal challenges orchestrated by mysterious figures.