When all games have finished, and the competition is completed the system automatically pays out monetary prizes to everyone who placed high enough to win something.
Riot Points, Steam gift cards or other non-monetary prizes may take longer for you to receive since they are paid out manually.
League of Legends RP Community Cups
In community League of Legends tournaments with Riot Point prizes, the prizes are awarded by the tournament organizer via Riot Games. RP Prizes may take up to 4-5 weeks to hit your lol accounts.
Physical Prizes like Merchendise and Gear
Depending on the who the tournament organizer or host of the tournament is, and since the prizes have to get shipped via post, it may take up to 2 - 3 months to receive the prizes in some cases. If we are not sending the prizes ourselves at Challengermode, we will collect the addresses of the winners right away and communicate those to whomever is responsible for sending out the prizes.
If we are sending the prizes ourselves via post, we usually to do this within 2-4 weeks.