A prize item or trophy given at contests or events; a physical reward such as a trophy or gift item.
抽選で豪華な賞品が当たった。
I won a luxurious prize in the lottery.
入賞者には賞品と賞状が渡される。
Winners receive prizes and certificates.
イベントの賞品は地元の特産品だった。
The event's prizes were local specialty products.