Two teams competed, each consisting of three students and one teacher representing their school. To begin round 1, a tossup stunt was played involving both teams. The winner of the stunt received $25.
After this, one kid from each team faced off to answer a tossup question. Buzzing in with the right answer won $25 and the right to pick the next stunt, but a wrong answer gave the money and the choice of stunt to the other team. Each stunt was represented by a flashing body part on a giant head on center stage, dubbed "Mr. Slimehead." Kids could pick either eye, ear, or nostril, and a card with the stunt's description would pop out of its mouth. Some stunts had prizes hidden behind them; those prizes would be the team's to keep, win or lose.
Round #1: The first round ended after the kids had selected and completed two stunts.
Round #2: In the second round, the money values doubled and new stunts were placed on Mr. Slimehead. Different, nicer prizes were up for grabs as well. Play continued until a buzzer sounded.
Round #3: The final round saw the teachers placed underneath the show's infamous slime faucet, which hovered back and forth ominously over each teacher's head, as all of the kids were asked tossup questions that anyone could buzz in to answer. Getting a question right won $100, but a wrong answer gave the $100 to the other team. The first team to accumulate $1,000 or more won the game. The faucet would then stop hovering right above the losing team's teacher, and dump gallons of thick green slime all over them.
In the first show that was filmed (though not the first to air), the three boys representing Lawrence Junior High School (of Chatsworth, California) and Chamanade easily disposed of the three private school girls by dominating the final round 10-0, thus dumping the dreaded green slime all over their teacher Ms. Lindstrom.[1]
Winners received a large prize package. Both teams kept their money, whilst the runners-up also won a smaller prize package.