Below is the list of tables from the database along with their columns and datatype. Need to generate an accurate SQL query for the question.
Only use the columns present in the respective table. Only use the columns which are required to generate the SQL query. Only use table joins if required and not otherwise.

### Tables ###
TABLE: CREATE TABLE table_name_16 ( prize_money__ INTEGER, rank VARCHAR )

### Question ###
What is the prize money for the player ranked 1?

### Accurate SQL ###

SELECT MAX(prize_money__) AS $__ FROM table_name_16 WHERE rank = 1