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The first to win 3 matches will receive $1 million and bragging rights to the title of “Jeopardy! The Greatest of All Time.” The 2 non-winners will receive $250,000.

“I think the fans are gonna be very happy to see it settled on this stage, instead of arguments on chat boards, but there’s a lotta luck in a game of ‘Jeopardy,’” Rutter told ‘Good Morning America.’ “Who gets the Daily Double? Who -- who knows the final jeopardies? We run this back, maybe you get a different winner, but -- it’s all gonna happen out here.”

Between the 3, Jennings, Rutter and Holzhauer have won a combined total of $10.5 million.

Jennings is a fan favorite and holds the record for the longest winning streak in the history of “Jeopardy!” with 74 consecutive games, for a total take of $3,370,700.

Rutter, on the other hand, holds the record as the highest money winner on the game show -- as well as in game show history ever -- with a winning of $4,688,436.

Holzhauer, the phenom whose aggressive wagering was part of his winning formula, holds 15 of the top single-day winnings records on “Jeopardy!,” and won the 2019 Tournament of Champions. His earnings total $2,712,216.

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ABC News
PHOTO: Ken Jennings, Brad Rutter and James Holzhauer pose with Alex Trebek on the set of "Jeopardy! The Greatest of All Time."
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On Twitter, the 3 have already taken jabs at each other, displaying some competitive rivalry ahead of the epic tournament.

Shortly after the tournament was announced, Holzhauer began trash talking his opponents and compared the competition to pro-wrestling.

“Brad Rutter has never lost to a human, but what’s his record against steel chairs?” he tweeted.

Holzhauer also tweeted at Ken Jennings with some statistics Holzhauer conjured up of the chances of Jennings winning the title.

So @KenJennings, you take your 33 1/3 chance, minus my 25% chance and you got an 8 1/3 chance of winning the GOAT. But then you take my 75% chance of winning, if we was to go one on one, and then add 66 2/3 per cents, I got 141 2/3 chance of winning the GOAT.

— James Holzhauer (@James_Holzhauer) November 18, 2019

See Ken, the numbers don't lie, and they spell disaster for you in January.

— James Holzhauer (@James_Holzhauer) November 18, 2019

“See Ken, the numbers don’t lie, and they spell disaster for you in January,” he tweeted.

Jennings replied back saying, “All proceeds go to buying James Holzhauer a nice sport coat or blazer, and maybe even a necktie.”

All proceeds go to buying @James_Holzhauer a nice sport coat or blazer, and maybe even a necktie https://t.co/6zPNEbylGG

— Ken Jennings (@KenJennings) November 18, 2019

“It’s kayfabe,” said Rutter about the social media trash talk. “It’s like pro wrestling. You gotta get your -- get your finger on the guy’s face.”

All beef aside, the three contestants each have the tournament on their brains and have been strategizing how to become the GOAT.

“The format of the tournament means we’re all gonna be lookin’ for opportunities when we have them, and that’s gonna mean big wagers,” said Jennings. “I’m not an aggressive ‘Jeopardy!’ player by nature, but I like to play comfortably and have fun out there, but I think there’s gonna be some big bets.”

All 3 have also admitted that they’ve studied each other and might have to adjust their playing styles.

“You always gotta scout, you know, just like anything else,” said Rutter.

“We had been scouting James,” said Jennings.

As for Alex Trebek, the “Jeopardy!” host isn’t saying who he thinks will win the title ahead of the tournament and is letting the game unfold naturally.

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ABC News
PHOTO: ABC News' T.J. Holmes interviews Alex Trebek on the set of "Jeopardy! The Greatest of All Time."
>

“There are elements that favor each of the three guys. And James Holzhauer of course is more impressive right now because of his great appearance last year on the program,” said the “Jeopardy!” host. “But the other guys, don’t discount them. They didn’t win all that money by accident.”

“It is really up in the air. It depends on so many things. Luck is going to play a factor,” he added. “We have three equally matched contestants who have demonstrated by their performances on our program that they are the best of the best … It doesn’t get any better than this.”

“Jeopardy! The Greatest of All Time” will kick off on Tuesday, January 7, 2020 at 8 pm ET.

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