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consolation prize

A prize you win because you lost. Something that losers get so they don't feel too bad about themselves being horrible failures.
Tony: Hey Joe, check out my first place trophy! Can you say 'winner'?

Joe: Hey Tony, check out my Hello Kitty Keychain. Can you say 'consolation prize'?

Tony: ...Loser.

Joe: STFU.
by Laura Mae December 3, 2007
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Peace Prize Surprise

Getting some unexpected but very welcome recognition or windfall.

Winning something awesome, against the odds.
President Obama never saw that Nobel Peace Prize coming. Surprise!

I woke up this morning to a Peace Prize surprise: hot, naked booty! Thanks, beer!
by MathKills November 7, 2009
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Grand Prize Winner

A person of relatively lower class or socioeconomic standing at an event comprised of people of higher class or socioeconomic standing.
Person 1: "How did those people get front row tickets to this play?"

Person 2: "They must be the Grand Prize Winners."
by paulstar May 23, 2006
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third prize

A pink slip. Layoff. Fired. Termination of employment.
...We're adding a little something to this month's sales contest. As you all know, first prize is a Cadillac Eldorado. Anybody wanna see second prize?? Second prize is a set of steak knives. third prize is you're fired! - Blake (Alec Baldwin ), Glengarry Glen Ross
by thirdprize November 17, 2011
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thot prize

Thot Prize - (pro·noun) What a hoe gets when she "keep a nigga baby" and a human come out her in 6-9 months.
T " Oh he/she is just a miracle, just the cutest." Yea that's her Thot prize.
by Pawnthedove March 7, 2017
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Nobel Weed Prize

Someone that thinks that their cannabis fueled idea will change the world.
When Johnny was really high, he came up with the idea of rubber cars, so no one would get hurt in an accident. Man, he just won the Nobel Weed Prize!
by Wolfgang VonLoveless September 20, 2014
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Door prize

I was just riding down the street, then some bastard gave me a door prize.
by Spicywelder April 22, 2006
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