How will the prize money be split? will it be split equally or is there a 1st, 2nd, 3rd etc. that decides how the money will be split.

also, is there something specific your looking for. like how well it fits with the theme, creativity, difficulty to make (like a point system) or is the winner gonna be chosen based solely on how enjoyable it is?

The prize split is TBD.

Judging categories are in the FAQ:

Gameplay (how fun is it to play?), Originality (how interesting and unique is it?), Presentation (how good does it look and sound?), Theme (how well does it fit the theme?)