red flowers on left and big gold coin to the right with man's profile on it
A plaque depicting Alfred Nobel at the Nobel Peace Prize Ceremony 2008 in Oslo City Hall on December 10, 2008 in Oslo, Norway.
  • Every year, researchers in economics are awarded the Nobel Prize, alongside a hefty sum in winnings.
  • Some have saved up their million-dollar winnings, while others have donated it.
  • And for at least one economist, the prize meant a chance to upgrade his sailboat.

It turns out that it pays off to revolutionize the field of economics. All you have to do is bag a Nobel Prize.