Yes, prize is in the scrabble dictionary

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Prize Definition

noun

Chiefly Southern U.S. Something used as a lever or for prying.
from The American Heritage Dictionary of the English Language, 4th Edition
Leverage.
from The American Heritage Dictionary of the English Language, 4th Edition
Something offered or won as an award for superiority or victory, as in a contest or competition.
from The American Heritage Dictionary of the English Language, 4th Edition
Something seized by force or taken as booty, especially an enemy ship and its cargo captured at sea during wartime.
from The American Heritage Dictionary of the English Language, 4th Edition
Something worth striving for; a highly desirable possession.
from The American Heritage Dictionary of the English Language, 4th Edition

verb

To estimate the value of .
from Free Scrabble Dictionary
To value highly .
from Free Scrabble Dictionary
To press, force, or move with a lever .
from Free Scrabble Dictionary

adjective

Given a prize, or likely to win a prize: a prize cow.
from The American Heritage Dictionary of the English Language, 4th Edition
Offered or given as a prize: a prize cup.
from The American Heritage Dictionary of the English Language, 4th Edition
Worthy of a prize; first-class: our prize azaleas.
from The American Heritage Dictionary of the English Language, 4th Edition
Awarded or worthy of a prize.
from Free Scrabble Dictionary
Awarded as a prize.
from Free Scrabble Dictionary

verb-transitive

To estimate the worth of; evaluate.
from The American Heritage Dictionary of the English Language, 4th Edition
To move or force with or as if with a lever; pry.
from The American Heritage Dictionary of the English Language, 4th Edition
To value highly; esteem or treasure. See Synonyms at appreciate.
from The American Heritage Dictionary of the English Language, 4th Edition

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Top Words by points

Points

prize

16

2 letter words with PRIZE

Points

er

2

pe

4

pi

4

re

2

3 letter words with PRIZE

Points

ire

3

zip

14

zep

14

rip

5

rez

12

rep

5

rei

3

pie

5

per

5

4 letter words with PRIZE

Points

prez

15

pier

6

peri

6

ripe

6

5 letter words with PRIZE

Points

prize

16

Found 18 words in 0.15375 seconds