Hosted by funnyman Shepard, the Fox series will offer contestants the chance to win over $20 million per episode by answering pop culture-related trivia questions.
The high-energy game show will pit contestants against "a colossal, spinning 40-foot wheel" that holds gigantic cash prizes in its rotation, according to a press release from Fox. Each time they answer a trivia question correctly, players stand to win "extreme amounts of cash." However, incorrect answers put their potential winnings at risk — and could bring their cash prize total back down to zero.
Singer and actor Timberlake co-created the series with fellow executive producer Andrew Glassman.
"'Spin the Wheel' is the opportunity of a lifetime, and every time someone spins, a massive fortune is on the line,” said Glassman. “This is all about a roller coaster of emotions, positive energy and some incredible wins.”
"Spin the Wheel" will premiere during the 2018-19 season on Fox — and we can't wait!