What is the prize money for the Booker Prize 2024?

### Concept & Fact The Booker Prize is a prestigious literary award conferred annually for the best sustained work of fiction written in English and published in the UK or Ireland. ### Step-by-Step Solution * The Booker Prize is one of the most recognized literary awards globally. * The winning author receives a substantial cash prize alongside international recognition. * The prize money awarded to the winner of the Booker Prize is £50,000. * Additionally, shortlisted authors each receive £2,500. ### Exam Strategy & Shortcut Associate major awards with their standard prize amounts. The Booker Prize has consistently maintained its £50,000 standard prize pool for the winner for many years. ### Common Pitfall Confusing the Booker Prize money with the International Booker Prize or other literary awards which may have varying distribution formats. ### Final Answer Therefore, the correct answer is **£50,000**.