My only problem it that its 1 Million dollars. It's too much to give away every sweeps period, but then you have people wondering when they give away their top prize. If it's at the end of the season, then you have people who, after 6 weeks of watching, are only going to tune in sporadically until the Million Dollar Deathmatch © . Jeopardy! gives away $250,000 in their yearly ToC, but it's not called $250,000 Jeopardy!, so people aren't looking and waiting to see when the tourney jumps off.If you have to give away the $1 Million at the end of the season, just take your 12 fastest Pyramid times, (or money winners, whichever you prefer) and play single elimination until you get three, and then play Pyramid Tourney style.
IMHO, if you make the tournament more than two tiered (i.e. three $100K tourney winners come back to play for a mil) it makes the whole process seem drawn out- which reminds me of Jeopardy!'s Ultimate ToC- halfway through, I just stopped paying attention, and started counting down the days til the three day final.
If I had to give away seven figures, I'd do a ladder system and make them earn the money by beating the Winner's Circle 5-7 times (kinda like the 2001 computer game). Otherwise, I'd just name it The $100K/$250K Pyramid and play it normally, which then allows you to give out your top prize 4-6 times a year without contracting MO MONEY syndrome. It's Pyramid. As long as the game is executed correctly, I don't care if they give out $7.2 trillion or $392.67 at the end.
I tried to focus, but I fear I'm all over the place with this post. Sorry.