According to The A.V. Club, there's typically an estimated 3,000 prizes — worth over $5 million — inside "The Price Is Right" show inventory at any given time, with it all being housed inside four different warehouses in Los Angeles. The complex is situated on the CBS Television City lot and is known to hold upwards of 30 cars and three boats. It's made up of 28,000 square feet of warehouse space. Producer Adam Sandler told The A.V. Club that the show's division of prize finders brings all of their loot down to the warehouse complex for final inspection and approval before they're eventually given out to winners.
"They go out to various different vendors," Sandler explained. "Whatever we want they make a call and see if we can get it here. And if we want it, it winds up on 'The Price Is Right.'" And while it's easy to do, don't think for a second that the finders and showrunners are just picking all of these prizes at random or what costs the cheapest. "We decide what we want on 'The Price Is Right' based on, 'What do we want? What do we think everybody else wants?' Everybody wants a car, everybody wants cash, everybody wants trips. But hey, everybody could use a new bike. Wouldn't it be cool to have a pool table? Hot tubs are fun. We want everybody to have the coolest, the latest, the greatest of everything. And that's what we go out for every single time."
