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These prizes should be left to automatically compound interest/investment until they're claimed.

• elif 9y ago
  True, that would strengthen the business case for participants in subsequent competitions.
  • ben_w 9y ago
    Disagree. What’s the management cliché? SMART goals — Specific, Measurable, Attainable/Assignable, Relevant/Realistic, Time-bound. Without a time constraint, most people[citation needed] keep putting things off until later.
    • Already__Taken 9y ago
      Plus if you decide to issue another, similar prize. People know then had better get on with it.
    • wyldfire 9y ago
      In general, you are absolutely correct. But with competitive pressure it might be different.