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How is Nobel Prize money divided when several people share an award?
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Nobel Prize
The obverse side of the Nobel Prize medals for Physics, Chemistry, Physiology or Medicine, and Literature.
When a Nobel Prize is shared among multiple recipients, the prize money is distributed according to specific rules established by the Nobel Foundation:
- Two recipients: The prize money is divided equally between the two individuals.1
- Three recipients: The money can be split in two ways:
- Each of the three individuals receives a one-third share of the prize.1
- Two of the recipients together receive a one-half share, while the third recipient receives the other one-half share.1
These distributions are determined by the awarding institutions as part of the prize process. If a prize is declined or not accepted by a specific deadline, the associated money reverts to the foundation's funds.1