The requirements for the prize are: "It would draw no more than 10 watts of electricity, be truly dimmable, flip on and off without flicker or hesitation, and e

The requirements for the prize are: "It would draw no more than 10 watts of electricity, be truly dimmable, flip on and off without flicker or hesitation, and emit a pleasant light. It would also have to fit into a standard socket and last at least 20 years."