Noun
grand prize (plural grand prizes)
In a tournament, raffle or other contest, the most desirable prize, offered for the overall winner; first prize.
The grand prize on the game show was a brand new Cadillac.
Love is the grand prize and the garbage heap. Love is a spiritual root canal and the only thing that makes life worth living. Love is a little taste of always and a big bite of nothing. And love is everything in between these extremes. Robert Fulghum
Invite the best and brightest to compete for a grand prize to come up with designs, including new zoning, building codes and so forth, for New Orleans that could make it safe from water, and let the state and city pick the plan that works best for Louisiana. Billy Tauzin