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cereal prize

sitting with your friends and you decide to play a joke so you take your penis and open the bottom of the cereal box and put your penis in it so when your friends go to grab some cereal they get a surprize.
Dude WTF there is a prize in my cereal WTF the cereal prize
by Jordan and Colin September 18, 2006
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winning the prize

The act of obtaining the correct answer to a task, only to be rewarded with nothing.
Stu: Yo so I took the mackin' to this Catholic bitch, ne?

John: Seen, ese.

Stu: And I give her da trinkets and shit, but no goosie.

John: LOL! Vato... YOU WIN THE PRIZE!!!

Stu: ....

John: NO PRIZE!!!!

*slams hand down VERY forcefully on desk*
by Theeph June 2, 2003
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Second base consolation prize

This happens when you desire coitus or at least oral sex, but all she grudgingly permits is for you to put your hand in her bra.
Even though I took her to see "American Beauty" and dinner at Chez André, all I got was the second base consolation prize.
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Dudley Prize

A consolation prize given to the person who comes in last place in a competition.

Term used to convey distaste for the societal need to congratulate everyone who competes, especially losers.

Term may have been inspired by the character Dudley in the Harry Potter books. See Dudley.
Athlete 1: I'm sorry you finished last.
Athlete 2: It's alright. I got the Dudley Prize!
by Dallyport November 27, 2013
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pudding prize

When you mean to fart but end up with a shit surprise in your pants
Uh oh, I think I just won the pudding prize
by Wakahamillflame November 24, 2016
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Nobel Pee Pee Prize

The most prestigious prize you can ever wish for. Contestants have their pp measured and the winner is considered person of the century.
Person: Will you be my girlfriend?
Person 2: No wtf
Person: I won the Nobel Pee Pee Prize
Person 2: Marry me
by Annoying Piece of Shit? April 14, 2021
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Nobel Peace Prize

Something given to war criminals.
Obama got the Nobel Peace Prize and proceeded to bomb brown children.
by EmeraldGod April 25, 2023
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