<P> In the qualifying round, each player has a chance to score as many points as possible . The three players with the top scores advance to the finals . The final round is played in the same way as the qualifying round, but players shoot according to the ascending order of their first - round scores . In each round, the shots and the score are confirmed by the referee and the television instant replay system . The final round will be shot in reverse direction (left to right corner for a left - handed shooter and vice versa). In the case of a tie, multiple extra rounds of 30 seconds (60 seconds in the final) are played to determine the winner . </P> <P> Contestants compete for a total of $86,000 . The first - place winner receives $35,000; the second - place finisher receives $22,500, and the third - place winner receives $15,000 . Finishers, from fourth to sixth place, receive $4,500 each . </P> <Ul> <Li> Larry Bird, the inaugural winner of this contest, and Craig Hodges have each won three consecutive times, while Mark Price, Jeff Hornacek, Peja Stojaković and Jason Kapono have each won two consecutive times . </Li> <Li> Craig Hodges holds the record for most shots made in one round (21 / 25), as well as most consecutive shots made (19). </Li> <Li> Devin Booker (final round, 2018) holds the record with 28 points, albeit in the newer 34 - point format . </Li> <Li> Detlef Schrempf and Michael Jordan share the record for the fewest points scored in any round with five in 1988 and 1990 respectively . </Li> <Li> Kyrie Irving is the youngest player to win the contest at the age of 20 . </Li> <Li> Rimas Kurtinaitis is the only non-NBA player to participate in the contest . </Li> <Li> Dirk Nowitzki is the only 7 - foot player to win the contest . </Li> </Ul> <Li> Larry Bird, the inaugural winner of this contest, and Craig Hodges have each won three consecutive times, while Mark Price, Jeff Hornacek, Peja Stojaković and Jason Kapono have each won two consecutive times . </Li>

Who has the record for the 3 point contest