First prize means the same as first place. Lisa went in for the competition and won first place. If you use the definite article the it changes the meaning of the sentence, and implies that she won the first prize that was given out but not necessarily first place in the competition.
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NewguestLisa went in for the competition and won first prize.Actually, you can add 'the' if you want.
Why don't we use "the" before "first prize" here?
CalifJimActually, you can add 'the' if you want. CJBut that will change the meaning?
NewguestBut that will change the meaning?No. Not for me. They sound the same to me.
Newguestit would mean the same and would be OK?Sorry. No.