A "quarter million" sure sounds a lot bigger than $200,000, doesn't it?
And considering that a "quarter million" = $250,000, not the advertised $200,000, seems like something got lost in the process... like $50,000.
the $200,000 in payout plus bonus prizes
Besides...you're not getting the whole $200k...that's going to get split up. The whole pot will be worth $200k. A lot of bracket races advertise the total payout for everything, and not just the singular winner pay.
The $50k will be in gifts...similar to IHRA giving away designer rings, roller dragsters, Aruba vacations, customized golf carts, etc.
