The award, to be presented formally at a ceremony here Dec. 10, carries prize money equivalent to about $78,000.
That record was Andorra, Caribou's beautiful tribute to British pastoral psychedelia, which deservedly scooped the Polaris Prize (Canada's equivalent to the Mercury) in 2008, although Dan never intended to repeat the trick, "pig-headedly" choosing to do something very different with the follow-up, Swim.
To put it in perspective, the $92 million Ferrari gets from the CCB fund and its dedicated prize pot is equivalent to the annual revenue of ninth-placed Manor and that's before the Italian marque even takes to the track.
One other study: a 2008 University of California, Santa Barbara paper that measured people's happiness six months after winning a modest lottery prize in Holland, equivalent to eight months' worth of income.
After the Scilly naval disaster of 1707 where four ships ran aground due to navigational mistakes, the British government offered a large prize of £20,000, equivalent to millions of pounds today, for anyone who could determine longitude accurately.
Newman isn't offensive if you really listen, but he is bold enough to have earned, above his many Oscars, Emmys and Grammys, that satirist's Nobel prize equivalent: being taken at face value.
He received the French Pulitzer prize equivalent, the Prix Albert Londres, in 2003 for his work on the second intifada.
At the moment, the premium bond prize fund rate is equivalent to an interest rate of about 1% a year, which is much lower than the rates of interest you can find on many savings accounts.
The organisers obtained financial contributions from Europe, the US and Asia, enabling the committee to set up a prize fund of £500, equivalent to about £359,000 in 2006's money.
