The gameplay is to the similar to the primetime version. The goal is to win $1,000,000 by correctly answering 15 questions. However, you have a 30 second time limit. You have the same lifelines on the show, 50:50, Phone-A-Friend and Ask the Audience, which is actually a poll from 50 people on the internet who were selected at random from October 4-6 1999. The money tree is the exact same from the primetime version as well.
If you do 2 Player Mode, both players will do the Fastest Finger, similar to the primetime show. Whoever gets it correct in the fastest time enters the hot seat.