Wheel of Fortune is based on the popular game show produced by Merv Griffin. The goal is the same as the game show, which is to guess missing letters to solve a puzzle that covers the same subjects as found on the show, such as place, person, thing, phrase, etc.
The players spin the wheel, select consonants, buy vowels and hopefully, solve the mystery phrase. The wheel can be "spun" at different strengths by sliding a bar across a selector, and the chances of earning a free spin, losing a turn, and going bankrupt remain.
Gameplay moves through three rounds, and a bonus round for a grand prize. Winning is accomplished, essentially, by earning the most money and winning the game by solving the phrases. The gameplay can be played with up to two players taking turns, or for one player against the computer.