For the Champion
- From Scripps, a $30,000 cash prize and an engraved loving cup trophy
- From Merriam-Webster, a $2,500 U.S. Savings Bond and a complete reference library
- From Sigma Phi Epsilon Educational Foundation, a $5000 cash prize
- From Encyclopædia Britannica, reference works valued at more than $3,800
For the Champion’s School and Sponsor
- From Scripps, engraved plaques
For All Spellers
- From Scripps, a commemorative watch
- From Merriam-Webster, Webster’s Third New International Dictionary, Unabridged, on CD-Rom
- The Samuel Louis Sugarman Award, a $100 savings bond, presented by Mr. Jay Sugarman in honor of his father
- From Scripps, cash prizes ranging from $50 to $30,000
Cash Prize Distribution
- Eliminated prior to the Quarterfinals: $50*
- Miss in Round Three (first round of the Quarterfinals): $125
- Miss in Round Four: $175
- Miss in Round Five (first round of the Semifinals): $250
- Miss in Round Six: $400
- Miss in Round Seven: $500
- Miss in Round Eight: $750
- Miss in Round Nine to Eighth Place: $1,000
- Seventh Place: $1,500
- Sixth Place: $2,000
- Fifth Place: $2,500
- Fourth Place: $3,000
- Third Place: $7,500
- Second Place: $12,500
*All spellers eliminated prior to the Quarterfinals are tied for the same place, and all spellers eliminated in the same round during the Quarterfinals, Semifinals, and Championship Finals are tied for the same place.