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TV5 version
Season 5 On April 2009, plugs about the "comeback" of Who Wants to Be a Millionaire? started airing on TV5 (Associated Broadcasting Company, and is the first show taken from IBC 13). Vic Sotto was also announced to host the show. A promo is being sponsored by the network in connection to its comeback.[6] Contestants who want to join are also invited to submit their name through an SMS number. The new show had its return to Philippine screens on May 23, 2009. It last aired on October 2, 2010 in line with programming changes to the network; it returned on May 15, 2011 for its sixth season. Despite changes into the format in the parent and US versions, the revival keeps all original elements (i.e. fifteen questions, Faster Finger First, and three lifelines). However, several visible changes are seen, such as a redesigned logo, a new opening sequence, and new music and graphics, all in line with standards on many of its counterparts around the world. The money tree, shown below, has also been modified (only the P1,000 and the seven-digit tiers were retained; guaranteed amounts, as with the money tree in the previous section, are shown in bold):

While not strictly part of the special Who Deserves to Be a Millionaire? edition (see below), she also played for charity, with proceeds from her game going to the Hospicio de San Jose, an orphanage in Manila. Coincidentally, the 13th question in her game was about the said orphanage's exact location. The 2011 return of the show from its seven-month hiatus brought with it several changes: the removal of the Fastest Finger First portion and two new lifelines replacing Ask the Audience: People Speak (the contestant choosing from three audience members' answers to the question) and Switch (changing to a new question when the one given is one the contestant could not answer). The People Speak lifeline is an original Philippine lifeline that is a hybrid of two existing lifelines, the US version's Three Wise Men (because three people attempt to help the contestant) and the German version's "Ask One of the Audience" (those three people come from the audience). A cash prize of P20,000 is allotted for lifeline; it is to be awarded to a single person who gives the correct answer or to be shared among the two or all three who do the same, regardless of what happens to the contestant. Although this lifeline is new to the franchise, the icon used to represent it is the Ask the Expert icon seen in countries that utilize the said lifeline. Another one is the Switch, where the contestant will replace a question with another one. But, this will only be used after the 10th question which is worth P150, 000.

The show will back from September 15, 2013 with two options like the Classic money tree or the high-risk money tree and a new lifeline is introduced: Double Dip. High-risk money has one safe haven amount of #₱20,000 and Four Lifelines are Fifty-fifty, People Speak, Switch, and introduced: Double Dip Classic Money Tree has two safe havens are amount of #₱20,000 and #₱150,000 and Three Lifelines are Fifty-fifty, People Speak, and Switch.

Sharon Cuneta (January 9, 2010)
On January 9, 2010, Sharon Cuneta once again played on the show and won ₱2,000,000, making her the first top prize winner in the Philippine franchise's history, three days after her birthday. References to her first appearance, especially the 14th question asked, were made during her game. All of the money she won was played for charity and was donated to the Hospicio de San Jose. Coincidentally, the 13th question in her game was about the orphanage's exact location. A translation of the question can be seen on the right.

Karl Jonathan Aguilar (September 18, 2011)
On September 18, 2011, the Philippine version gained its second top prize winner in the person of IT specialist Karl Jonathan Aguilar. The final question involved the name of the Index Librorum Prohibitorum with the other options being made-up but similarly-sounding names. Of note, he did not use his lifelines up to the ₱600,000 question. When his last lifeline, Phone-A-Friend, was used during the final question, he was given one of the wrong answers. Also, the first fourteen were asked in the previous episode aired a week before. The translation of the question that Aguilar answered correctly can be seen st the right.

Who Deserves to Be a Millionaire?
For four episodes starting from December 12, 2009 to January 2, 2010, a special charity edition of the show was held called Who Deserves to Be a Millionaire?. Each episode comprised one celebrity and a representative from his/her chosen charity playing as a team. Rules stayed the same. The tradition returned on December 4, 2011. The Philippines was the second country to use the Deserves title and format; the first was Nigeria in 2007.

The following are the celebrities who played in this special edition and the prize that they each won:
 * 2009:
 * Efren Peñaflorida for the Dynamic Teen Company (P400,000)
 * Lucy Torres-Gomez (P150,000; wrong on question 13)
 * Sen. Francis Escudero (P250,000)
 * Ruffa Gutierrez (P400,000)
 * 2011:
 * Gloria Diaz (P400,000)
 * Atty. Persida Rueda-Acosta from Face to Face and Public Atorni (P600,000)
 * Tessa Prieto-Valdez (P400,000)
 * Aiza Seguerra (P400,000)