Akademik

booby prize
noun
a prize given to one who finishes last in a contest
Hypernyms: ↑trophy, ↑prize
Hyponyms: ↑wooden spoon

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noun, pl ⋯ prizes [count]
informal : a prize that is given as a joke to the person who finishes last in a competition
— usually singular

You came in last–you win/get the booby prize.

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ˈbooby prize [booby prize] noun
a prize that is given as a joke to the person who is last in a competition

Useful english dictionary. 2012.