The term 'Carnival Prize' can be broken down into three crossword solutions: Panda (5 letters), CIGAR (5 letters), and Teddybear (9 letters). Carnival prizes are typically items that are won at fairs or carnivals, such as stuffed animals, toys, and food. The three solutions provided are all common carnival prizes. A Panda is a type of bear native to China, often seen in stuffed animal form at carnivals. A CIGAR is a tightly rolled bundle of dried and fermented tobacco leaves, usually smoked for its relaxing effects. Lastly, a Teddybear is a stuffed toy bear, often given as a gift or prize.