At the end of the competition, the judges announce that the winner will be crowned the grand chef of the third season of "The Next Food Network Star" . The winner will receive a grand prize of $300,000, and the runner-up will receive $60,000. The judges congratulate the two chefs on their hard work, and then they announce the results of the voting. The chef who receives the most votes wins the grand prize. The other chef receives the second prize.