Through eprize.net, WWE revealed the terms of its 'McMahon's Million Dollar Mania.'

According to the terms statement, the prizes are as follows:

"ONE (1) GRAND PRIZE: Two-hundred fifty thousand dollars ($250,000 USD) to be awarded in the form of a check. TWO (2) FIRST PRIZES: Each consisting of two-hundred thousand dollars ($200,000 USD) to be awarded in the form of a check. ONE (1) SECOND PRIZE: One-hundred twenty five thousand dollars ($125,000 USD) to be awarded in the form of a check. ONE (1) THIRD PRIZE: Ninety-eight thousand dollars ($98,000 USD) to be awarded in the form of a check. ONE (1) FOURTH PRIZE: Seventy-five thousand dollars ($75,000 USD) to be awarded in the form of a check. ONE (1) FIFTH PRIZE: Fifty-one thousand nine hundred ninety-eight dollars ($51,998 USD) to be awarded in the form of a check. ONE (1) SIXTH PRIZE: Two dollars ($2.00 USD) to be awarded in the form of a check. Prizes are non-transferable and no substitution will be made except as provided herein at the Sponsor’s sole discretion. Sponsor reserves the right to substitute the prize for one of equal or greater value if the designated prize should become unavailable for any reason. Winner is responsible for all taxes and fees associated with prize receipt and/or use. Total value of all prizes: $1,000,000 USD. Odds of winning any prize depend on the number of eligible entries received during the Registration Phase up to five (5) minutes prior to the time selected by Sponsor for awarding that particular prize (that prize’s “Prize Pool”). Limit: One (1) Prize per person. The order prizes are actually awarded during the Event Phase shall be determined by Sponsor in its sole discretion (for example, the Sixth Prize may be awarded first, and the Grand Prize awarded fourth)."

Though the Associated Press story implied that the prizes for the entire giveaway would total $1 million, WWE continues to suggest that it will be giving away $1 million each week. It thus appears that the aforementioned prize list will be given out each week for the duration of the contest.

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