Literary Awards with Prize Money over $50,000 – Part 1

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Do you think writers have it tough? Do you think they are crunched for money? Only until they strike gold. Winning one of these awards will make them rich overnight.

 

1. Nobel Prize in Literature

It is awarded annually to an author from any country who has, in the words of the will of Alfred Nobel, produced “in the field of literature the most outstanding work in an ideal direction”.

Prize Money: kr 8,000,000 (Around $1,100,000)

Recent Winner: Patrick Modiano

 

2. Premio Planeta de Novela

It is a Spanish literary prize, awarded since 1952 by the Spanish publisher Grupo Planeta to an original novel written in Spanish (Castilian).

Prize Money: €601000 (Around $700000)

Recent Winner: Jorge Zepeda Patterson

 

3. Astrid Lindgren Memorial Award

It is an international children’s literary award established by the Swedish government in 2002 to honor the Swedish children’s author Astrid Lindgren.

Prize Money: kr 5,000,000(Around $640000)

Recent Winner: Barbro Lindgren

 

4. International Ibsen Award

It honors an individual, institution or organization that has brought new artistic dimensions to the world of drama or theater.

Prize Money: kr 2,500,000 (Around $320,000)
Recent Winner:
Peter Handke

 

5. Etisalat Award for Arabic Children’s Literature

It is an Arabic literary award for children’s literature. The prize money is split with 50% divided between the author and/or illustrator, and 50% to the publisher.

Prize Money: AD 1000000 (Around $272000)

Recent Winner: Afaf Tobala, Mariam Al Rashedi, Doniazad Saade, Noura Al Noman

 

6. Carlos Fuentes International Prize for Literary Creation in the Spanish Language

It is a literary award established in 2012 by the Mexican government in honor of Mexican writer Carlos Fuentes.

Prize Money: $250000

Recent Winner: Sergio Ramírez

 

7. Sheikh Zayed Book Award

It is presented yearly to Arab writers, intellectuals, publishers as well as young talent whose writings and translations of humanities have scholarly and objectively enriched Arab cultural, literary and social life.

Prize Money: AD 777,777 (Around $211000)

Recent Winners: Jawdat Fakhr Eldine, Rami Abu Shihab, Mohammed Al Tahir Al Mansouri,  Abdel Rasheed Mahmoudi,  Mario Liverani

 

8. Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz International Award for Translation

It is a Saudi international literary award for the translation of works to/from Arabian.

Prize Money: $200000

Recent Winners: ZHU Weilie and Hannelore Lee-Jahnke

 

9. Miguel de Cervantes Prize

It is awarded annually to honour the lifetime achievement of an outstanding writer in the Spanish language.

Prize Money: €125,000 (Around $150000)

Recent Winner: Juan Goytisolo

 

10. RBA International Prize for Crime Writing

It is a Spanish literary award said to be the world’s most lucrative crime fiction prize funded by Barcelona-based multimedia publishing company RBA.

Prize Money: €125,000 (Around $150000)

Recent Winner: Arnaldur Indridason

 

11. Donald Windham Sandy M. Campbell Literature Prizes

It is an American literary award which was established at Yale University in 2011 with the first prizes presented in 2013.

Prize Money: $150000

Recent Winner:  John Vaillant, Pankaj Mishra, Aminatta Forna, Jim Crace, Nadeem Aslam

 

12. Lannan Literary Awards

They are a series of awards and literary fellowships given out in various fields by the Lannan Foundation.

Prize Money: $150000

Recent Winner: Claudia Rankine

 

13. FIL Literary Award in Romance Languages

The award acknowledges lifetime achievement and is awarded to writers of literature from Latin America or the Caribbean who write in Spanish, Portuguese, French, or English, or to writers from any part of the US who write in Spanish.

Prize Money: $150000

Recent Winner: Claudio Magris

 

14. Rómulo Gallegos International Novel Prize

The purpose of this prize is to “perpetuate and honor the work of the eminent novelist and also to stimulate the creative activity of Spanish language writers”.

Prize Money: Eduardo Lalo

Recent Winner: €100,000 (Around $120000)

 

15. International IMPAC Dublin Literary Award

It is an international literary award for a work of fiction, jointly sponsored by the city of Dublin, Ireland and the company IMPAC.

Prize Money: €100,000 (Around $120000)

Recent Winner: Juan Gabriel Vásquez

 

16. Camões Prize

It is awarded annually by the Portuguese Fundação Biblioteca Nacional (National Library Foundation) and the Brazilian Departamento Nacional do Livro (National Book Department) to the author of an outstanding work written in Portuguese.

Prize Money: €100,000 (Around $120000)

Recent Winner: Alberto da Costa e Silva

 

17. Victorian Premier’s Literary Awards

It was created by the Victorian Government with the aim of raising the profile of contemporary creative writing and Australia’s publishing industry.

Prize Money: A$125,000 ($100000)

Recent Winner: Jennifer Maiden

 

18. Nigeria Prizes for Science and Literature

The prize describes itself as “bringing Nigerian scientists and authors to public attention and celebrating excellence in scientific breakthroughs and literary craftsmanship in the nation.”

Prize Money: $100000

Recent Winner: Sam Ukala

 

If you thought there are only so many of them, you are wrong. The list will be continued in Part 2. You can read the Part 2 here.

 

 

2 Comments

  1. Dear Instascribe, thanks for the post. I am an author with a published work titled, ‘Where have all the young men gone’ lamenting the sacrifices of soldiers all over the world for nebulous ’causes’ invented by politicians to stay in corridors of power. I want to submit for the ‘Military Writings’ prize stated in Part 2 of your post. Kindly mail me procedure to apply for the same. Thanks.

  2. Dear Jaya,

    Thanks for this information. It is extremely interesting. It raised a few questions in my mind.

    Writers get paid to have fun is another way of looking at it. I used to ask this question – why is someone paying me so much to have fun till I was moved from technology to management !!!

    By the same token, software writers (as the French say Software Editors) should not get too much too. However, there is no prize for software writing other than salary and it may not be as creative as writing stories and on the other hand it could. There can be multiple ways of expressing a program in the same language as there are versions of Ramayana.

    There are similarities but very few I guess.

    Would love to hear from others what they think.

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