2006-10-05 04:18:32 · 10 answers · asked by chas 1 in Science & Mathematics ➔ Medicine
The Nobel Prize money was meant to fund winners further work, although nowadays many laureates are retired at the time their award is made. With this prize money is used differently. It is common for the recipients to donate the prize money to benefit scientific, cultural or humanitarian causes.Some gives amount to charity institutions, some use it in funding projects to help the people as well as the government, and so on and so forth. The winner can use it according to his personal circumstances.The winner win the prize and its for them to decide what to do with the money. There is no certain rule that states that the money they received as the prize should be spent only on specific things. How the winner want to spend it, is the way it is spent.
Read further from this wikipwdia link:http://en.wikipedia.org/wiki/Nobel_Prize
2006-10-05 12:47:12 · answer #1 · answered by ♥ lani s 7 · 0⤊ 0⤋
they probably use the money to conduct even more research!!! we all know that research is time consuming and in some cases demand a hefty financial investment. in the off chance that Nobel prize winner stop their research and retire they probably enjoy their money and spend it on extravagant things but that's the minority
2006-10-05 04:24:09 · answer #2 · answered by spuduah12 1 · 0⤊ 0⤋
depends on when they win it. some have retired so they live off that money. others use it to pay off loans and fund their research. there is no restrictions on how they spend it
2006-10-05 04:46:39 · answer #3 · answered by shiara_blade 6 · 0⤊ 0⤋
Finally pay their student loans off.
2006-10-05 04:29:57 · answer #4 · answered by wayfaroutthere 7 · 1⤊ 0⤋
Go out and get totally rat-arsed!
2006-10-05 05:05:59 · answer #5 · answered by Anonymous · 0⤊ 0⤋
i've actually heard that most of them just donate it to charity.
2006-10-05 04:26:38 · answer #6 · answered by holymonx 4 · 0⤊ 0⤋
they re-invent the dynamite
2006-10-05 04:20:43 · answer #7 · answered by butch garcia 2 · 0⤊ 1⤋
cigarettes and whiskey and wild, wild women maybe?
2006-10-05 04:26:10 · answer #8 · answered by GreenHornet 5 · 0⤊ 1⤋
I put all mine in Dell stock. Thanks for asking.
2006-10-05 04:22:53 · answer #9 · answered by bequalming 5 · 1⤊ 0⤋
They probably donate it to some sort of charity.But idk
2006-10-05 04:25:47 · answer #10 · answered by Sammy 2 · 0⤊ 0⤋