| Hosts | |
| Bob McLean (1974-1975) Jim Perry (1975-1989) | |
| Announcers | |
| Jim Perry (1974-1975) Dave Devall (1975-1989) | |
| Broadcast | |
 | |
| Packager | |
| Glen-Warren Productions | |
The "Give & Take" word puzzle game that's got fun with a pun.
Gameplay
Two teams of two (consisting of one celebrity & one contestant and starting in 1986, two contestants) compete in a word game similar to Hangman and the future American Wheel of Fortune but with clues which are definitions; and the answers are puns which answer the definitions.
To start, the announcer gave the definition accompanied by the word puzzle and the host repeated it. The team in control chose a letter to "give away"; that's a letter they think is not in the puzzle. If it's not, then they can now choose a letter they think is in the puzzle, a letter they can "take". Each time a chosen letter was revealed, either team can guess depending on what kind of letter it was. If it's a take away letter, the team that chose that letter got to guess; but if it's a give away letter, the opposing team got a guess and control stays on them if they don't guess right. Teams played back and forth until the puzzle was solved.
The first team to solve two puzzles (three for all civilians) won the match, a special prize and the right to solve a bonus puzzle for cash.
Bonus Puzzle
At the bonus puzzle, the winning team was given the definition to that puzzle and then letters in that puzzle were revealed in alphabetical order. As soon as the team solves it, the contestant(s) received a bonus prize plus $10 a blank. If they failed to solve the puzzle, $10 was given as a consolation prize
Winning players/teams stay on the show for up to five matches. The fifth match had the contestants play for a bigger prize.
Music
1st Main - "Soul Bossa Nova" by Quincy Jones
Inventors
Nick Nicholson and E. Roger Muir