Booby Prize -

A good-natured, often joke prize given to the loser or lowest-scoring participant in a contest. It is usually worthless, simple, or absurd, serving as a form of humorous consolation, although it can be used for mockery.

The term is believed to have first appeared in print in 1881 in The Oberlin Review , an Ohio newspaper. booby prize

Similar to receiving the "wooden spoon" in some contexts (a British term for coming last). A good-natured, often joke prize given to the

It can be used to describe an unwanted award or a negative outcome in a professional context, such as a "Booby Prize" awarded by journalists for low transparency in investment funds. Distinctions: Booby Prize: A prize for coming in last. Similar to receiving the "wooden spoon" in some

Origins of the phrase in literature or popular culture?

Three prizes may be awarded in a tournament: one for most games won, one for most points, and the "booby" prize for the lowest score.

(like a wooden spoon or gag gift)?