It is important that events which offer prizes clearly define how those prizes are to be distributed. The Event Outline of an official event includes the prize distribution which must be used. Tournament Organizers of unofficial events should clearly communicate the way that any prizes will be awarded prior to enrolling players and then ensure that prizes are distributed in that exact manner.
Prizes for tournaments should be awarded to appropriate players as they each conclude their participation, even if the tournament has not yet ended. For example, if a prize is to be distributed to the Top 64 players, but there are only 64 players remaining, give that prize to every player that drops from the tournament beyond that point. Similarly, if a prize is to be distributed to the Top 4 players, only give that prize to players when the event has four or less players remaining. At the end of the event, all remaining players should be awarded their appropriate prizes.