Contestants were selected from a contestant pool.
Five players were initially selected for the pre-selection round.
A question was asked by the host which required a numerical answer.
The players with the closest responses to the actual answer were
selected as team members - the closest person becoming team captain.
The last remaining player was then returned to the contestant
pool for other opportunity at selection.
The key to the game of Greed was to accumulate as much money
as possible - working as a team - to hopefully reach the ultimate
goal: the top of the "Tower of Greed". Each subsequent
question has higher and higher dollar values against it - relative
to its difficulty.
The team captain had a special role - he or she was responsible
for deciding whether the team should continue to answer questions
- or finish up and take the money earned to that point. Also,
for each question, the captain also had the power to overrule
the answer of any one fellow team member. One false moment with
an incorrect answer - and the entire team would leave with no
During the first four rounds - the questions are posed to one
of the contestants - who needed to select one correct multiple-choice
answer from a selection of four. At any time after a successfully-completed
round, the captain had the option of accepting the prize-winnings
to that point and sharing it with his/her teammates. However,
once round 5 was reached, an additional element of treachery was
added to the game. A feature, called "The Terminator"
was triggered off, randoming nominating any one member to challenge
another fellow player to a one-question playoff, with the ultimate
winner of the challenge taking the opponents share of the game
winnings, and the loser leaving the stage. As a sweetener to accept
the "Terminator" feature - the nominated players was
given a cash payout which could be kept inrespective of the outcome
of the duel. "The Terminator" was triggered each round
onwards from round 5 - allowing the ultimate possibility of one
player going home with all the loot - over one million dollars.
The Australian version of the show never produced any millionaires.
I believe the best result acheived was $250,000 by a team.