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Hello ! You may have miscalculated the winnings. King usually tell us we won the jackpot along with "9 others" or something similar. In which case you would have to divide the total by 10 to calculate the winnings, because if you share with 9 others then there are ten of you in total. As you did not state how many others there were I cannot say this for sure though.
Please also note that the other players aren't real, they are recordings of players King picked for your game for you to compete against in a similar manner as the other players in the episode race are recordings. The amount you get if you pass is determined by the game at the start of the event.