booby prize
A booby prize is a joke prize usually given in recognition of a terrible performance or last-place finish. A person who finishes last, for example, may receive a booby prize such as a worthless coin.
you finish last, you get the booby prize
booby prize
A prize given as a joke to the last-place winner of a race or competition. Sometimes jokingly coveted as an object of pride.
Brandon can't sing. He won the booby prize at the school talent show two years in a row. He has the trophies displayed on his shelf.