How much prize money was paid at PRCA rodeos in 2020?

In 2020, the total prize money paid at Professional Rodeo Cowboys Association (PRCA) rodeos exceeded $30 million. This figure is significant as it reflects the growing popularity and financial engagement in professional rodeo events, which attracts competitors and audiences alike. The amount of prize money is not only a testament to the level of competition but also serves to incentivize participation and elevate the sport's profile.

The reasoning behind selecting "more than $30 million" as the correct answer emphasizes the impact of rodeo events financially, illustrating how they contribute to the economy and the sports sector. While other figures such as over $20 million or more than $25 million could seem plausible, they do not accurately capture the higher thresholds of financial awards that characterize the PRCA's prestigious events.