In 2022 (Season 38) the tournament took a new format which expanded the field to 21 contestants. The top three seeded contestants will qualify for the semifinal rounds; the remaining 18 contestants will play six quarterfinal games, with no wild-card spots given. The six winners will advance to the semifinals and join the top three seeds. The winners of the semifinal matches will advance to the finals, which will consist of a minimum of three and a maximum of seven games, similar to the "Greatest of All Time" tournament (see below). The first finalist to win three games will win the tournament and the $250,000 top prize. The second-place and third-place prizes will be determined first by number of wins, then by number of second-place finishes, and finally by total score across all games played, and will win $100,000 and $50,000, respectively. 