tournament_contest_generate_prize_effect

tournament_contest_generate_prize_effect = {
	save_scope_value_as = {
		name = contest_type
		value = flag:$CONTEST$
	}
	hidden_effect = { random_dummy_gender_effect = yes }
	scope:activity = {
		### Combined wealth and quality determines tier
		# 50-129 Masterwork 
		# 130-179 Famed 
		# 180+ Illustrious
		save_scope_value_as = {
			name = wealth
			value = {
				value = 0
				# Activity prize options
				if = { # Common only
					limit = { has_activity_option = { category = tournament_option_prizes option = tournament_prizes_bad } }
					add = { 1 24 }
				}
				else_if = { # Common or Masterwork - often Masterwork
					limit = { has_activity_option = { category = tournament_option_prizes option = tournament_prizes_normal } }
					add = { 15 64 }
				}
				else_if = { # Masterwork or Famed - often Masterwork
					limit = { has_activity_option = { category = tournament_option_prizes option = tournament_prizes_good } }
					add = { 35 89 }
				}
				else_if = { # Masterwork, Famed, or Illustrious - often Famed
					limit = { has_activity_option = { category = tournament_option_prizes option = tournament_prizes_very_good } }
					add = { 60 105 }
				}
				else_if = { # Famed or Illustrious - 50/50 split
					limit = { has_activity_option = { category = tournament_option_prizes option = tournament_prizes_splendid } }
					add = { 69 111 }
				}
			}
		}
		save_scope_value_as = {
			name = quality
			value = {
				value = 0
				# Activity prize options
				if = { # Common only
					limit = { has_activity_option = { category = tournament_option_prizes option = tournament_prizes_bad } }
					add = { 1 24 }
				}
				else_if = { # Common or Masterwork - often Masterwork
					limit = { has_activity_option = { category = tournament_option_prizes option = tournament_prizes_normal } }
					add = { 15 64 }
				}
				else_if = { # Masterwork or Famed - often Masterwork
					limit = { has_activity_option = { category = tournament_option_prizes option = tournament_prizes_good } }
					add = { 35 89 }
				}
				else_if = { # Masterwork, Famed, or Illustrious - often Famed
					limit = { has_activity_option = { category = tournament_option_prizes option = tournament_prizes_very_good } }
					add = { 60 105 }
				}
				else_if = { # Famed or Illustrious - 50/50 split
					limit = { has_activity_option = { category = tournament_option_prizes option = tournament_prizes_splendid } }
					add = { 69 111 }
				}
			}
		}
	}
	random_list = {
	 	15 = { # Armor
	 		trigger = {
	 			OR = {
	 				scope:contest_type = flag:duel
	 				scope:contest_type = flag:joust
	 				scope:contest_type = flag:melee
	 			}
	 		}
	 		create_artifact_armor_effect = {
				OWNER = scope:host
				CREATOR = scope:dummy_gender
				SET_ARMOR_TYPE = flag:no
			}
			if = {
				limit = { exists = scope:newly_created_artifact }
				scope:newly_created_artifact = { set_artifact_name = tournament_prize_armor_name }
			}
	 	}
	 	15 = { # Weapon
	 		trigger = {
	 			OR = {
	 				scope:contest_type = flag:duel
	 				scope:contest_type = flag:joust
	 				scope:contest_type = flag:melee
	 			}
	 		}
	 		create_artifact_weapon_effect = {
				OWNER = scope:host
				CREATOR = scope:dummy_gender
				SET_WEAPON_TYPE = flag:no
			}
			if = {
				limit = { exists = scope:newly_created_artifact }
				scope:newly_created_artifact = { set_artifact_name = tournament_prize_weapon_name }
			}
	 	}
	 	15 = { # Bow
	 		trigger = { scope:contest_type = flag:archery }
		 	create_artifact_bow_effect = {
				OWNER = scope:host
				CREATOR = scope:dummy_gender
				SET_BOW_TYPE = flag:no
			}
			if = {
				limit = { exists = scope:newly_created_artifact }
				scope:newly_created_artifact = { set_artifact_name = tournament_prize_bow_name }
			}
	 	}
	 	5 = { # Ring
		 	create_artifact_ring_effect = {
				OWNER = scope:host
				SMITH = scope:dummy_gender
			}

As written in game/common/scripted_effects/04_dlc_ep2_tournament_effects.txt.