The $50,000 Challenge

 (also known as The £50,000 Challenge in the UK) is a game show that airs on CBS.

Gameplay (Season 1)
There are 8 contestants. They are divided into 4 teams: Red Team, Yellow Team, Green Team, and Blue Team. Each team will be wearing clothes that match the color in their team's name.

Round 1: Name That Song
The teams are given lyrics to a song. If a team buzzes in and guesses the song correctly, they get 1 point. The cycle repeats until the klaxon sounds, letting the host and the teams know that time is up for the round. Whichever team has the least points at the end of the round will be eliminated, but the eliminated team will be given $100 as a gift for being on the show.

Round 1.5: Bonus Song!
The team that currently has the most points will be given a bonus song to guess. If they can guess the song correctly in 30 seconds, they get 5 additional points.

Round 2: Quick Quiz
Each team is given a question, and must answer correctly in 15 seconds. If they answer correctly, they get 2 points. The cycle repeats until the klaxon sounds, letting the host and the teams know that time is up for the round. The klaxon can interrupt a question at any time. Whichever team has the least points at the end of the round will be eliminated, but the eliminated team will be given $200 as a gift for being on the show.

Round 3: Final Battle
The 2 remaining teams will compete in a Wheel of Fortune-styled round. Whichever team can solve the most puzzles before the klaxon sounds will be declared the episode's winner and they win $5,000. The other team will be eliminated, but the eliminated team will be given $300 as a gift for being on the show.

Bonus Round: Multi-Round Craziness
The winning team will have to have to play all previous rounds once more. If they manage to do it in 1 minute, they win $50,000. If not, they will win the $5,000 from earlier.