Announcing cash prize for Nobel laureates

Prize announcement is twice the value of the prize before the announcement A week before the Nobel Prize in 2017, the Nobel Foundation announced the prize of $ 100,000 in cash to the winner.

The Nobel Foundation has claimed that the amount of cash for the Nobel Prize will be $ 10 million in every division of 2017. In 2012, the amount of cash for the Nobel Prize was reduced by 20 percent.

The Nobel Prize winners will be rewarded with this huge amount of money from the left fund of scientist Alfred Noble. According to the tradition of the declaration of the Nobel Prize, this year the award is first announced for medical science. According to the rules, October 2 will be declared the Nobel Prize for medical science. Two days later, the Nobel Prize for Physics and Chemistry Department will be announced respectively. The Nobel Peace Prize will be announced on October 6. The announcement of the Nobel Literature Prize has not yet been determined.