There are as many ways of splitting up prize funds as there are leagues. I have a program for my old PPC iBook that I used to generate prize funds. Paid out for places rather than by point (i.e., first place got $X, no matter how many games they won). There are several spreadsheets for doing that, searching for "bowling prize fund calculator" in Google should yield useful results.
You can also pay out by points, where each point won wins a certain amount of money. If first place beats second by one or two points, they end up with almost the same amount of prize money. If first place beats second place by a lot of points, they make even more money. This kind of payout system keeps the bottom of the league from giving up when they're really out of the running for position. Every game they lose costs them money.
For the latter option, take the league standing sheet, add up the number of points won by each team, divide the prize fund by that. In our 14-team men's league with match points (25 points per night available to be won), there were about 6000 points at the end of the league. Each point was worth about $2. If a team won 600 points at the end of the season, they got $1200 they could divide how they saw fit (usually evenly five ways, I don't know any teams that kept up with individual members' wins/losses).
SH
