They both get paid 400k for competing. That's payment, and maybe a prize for reaching the championship, but not a prize for the winner of the championship, so I ignore it.

The winner gets 200k in prize money. In the case of a tie the winner gets 150k, the loser gets 50k. That is to say the winner gets 100k, and they split 100k, which is half the prize, which is what I said.