--- title: Here's How Much Prize Money the Eurovision 2018 Winner Gets description: The 63rd Eurovision 2018 will crown a new winner on Saturday night in Lisbon, Portugal. Here's how much the winner will get. authors: - name: Julia Glum role: Managing Editor url: https://money.com/author/julia-glum/ bio: Julia Glum joined Money in 2018 and specializes in covering financial trends that affect everyday Americans' wallets. She also writes Dollar Scholar, a weekly newsletter that teaches young adults how to navigate the messy world of money. education: University of Florida at_money_since: 2018 articles: 453 covers: - Lifestyle - Banking - Business - Career Advice - Credit - Credit Cards - Debt - Economy and Politics - Education - Health and Wellness - Housing - Identity Theft - Insurance - Investing - Loans - Mortgages - Personal Finance - Professional Services - Retirement - Shopping - Taxes - Technology also_seen_in: - Newsweek - International Business Times - CBS News - Good Morning America - WUSA9 - Pix 11 - The New York Times - Mashable - The Washington Post - CNBC - Politico social: - https://x.com/superjulia - https://www.linkedin.com/in/julia-glum published: '2018-05-12T18:00:21.000Z' modified: '2024-04-17T10:27:40.000Z' section: Lifestyle tags: - Eurovision Song Contest word_count: 434 canonical: https://money.com/eurovision-2018-how-much-winner-gets/ type: Article source: structured-blocks --- > **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/). ![Eurovision Song Contest 2015 - Final](https://img.money.com/2018/05/180512-eurovision-winner.jpg) *Conchita Wurst performs on stage during the final of the Eurovision Song Contest 2015 on May 23, 2015 in Vienna, Austria.* The lucky musical act that wins the 63rd Eurovision Song Contest this Saturday in Lisbon, Portugal, can look forward to fame, glory and a [glass trophy](https://eurovision.tv/about/trophy/) in the shape of a microphone. But the victors won't receive any prize money. Despite being in a league with shows like **[*America's Got Talent*](https://mic.com/articles/179066/what-does-the-winner-of-americas-got-talent-get-breaking-down-the-grand-prize#.jk6nqgGLR), *[Britain's Got Talent](https://www.huffingtonpost.co.uk/entry/britains-got-talent-tokio-myers_uk_59357d14e4b0fa3f6ae63b79)* and [*Deutschland sucht den Superstar*](https://www.hna.de/kultur/tv-kino/dafuer-verwendet-er-preisgeld-zr-8266472.html)**, all of which give their winners big payouts, Eurovision doesn't provide an actual cash prize. Instead, winners of the international competition, known for its gibberish songs and crazy costumes, walk away with the rights to host next year's event — and an invaluable platform from which they can launch their careers. The best example of this is ABBA, the Swedish band that won Eurovision in 1974. The victory catapulted the band onto the music scene, where it'd go on to sell more than 400 million albums. The members also quickly diversified their offerings, setting up an empire that [raked in profits from](https://money.com/abba-reunion-paid/) art galleries, fragrances, jigsaw puzzles and more. And the band is still popular 44 years later: ABBA announced last month that it was not only releasing a new song but also going on tour (as holograms, naturally). Another Eurovision success story is Celine Dion's, [whose website](http://www.celinedion.com/about) describes her 1988 win as "the beginning of her global conquest." Two years after her victory she released her first English-label album, and the rest is history — her net worth is an [estimated $400 million](https://www.forbes.com/pictures/591bdaac4bbe6f1b730a510a/3-celine-dion-400-million/#524a9e794150). However, not all Eurovision champions are satisfied with being paid in opportunities. Shay Healy, who wrote the song that won Ireland the contest in 1980, recently [posted on Facebook](https://www.facebook.com/shay.healy.12/posts/10155231932616489) that "the Eurovision trophy was a disappointment, as there was no cash prize to go with the award." Hosting can be tough financially, as well. Eurovision's location rotates every year, and costs fluctuate. Baku, Azerbaijan, spent £48 million (about $65 million) to put on Eurovision in 2012; Vienna, Austria, paid £28 million (about $38 million) in 2015. "So — is it worth it? It’s hard to be conclusive," NatWest economist Stephen Boyle [wrote for RBS](https://www.rbs.com/rbs/news/2016/05/the-cost-of-winning-the-eurovision-song-contest.html) in 2016. "The longer-term benefits are harder to estimate, but with over 180 million viewers worldwide, the international, positive exposure that comes as part of hosting is likely to dramatically increase tourism related revenue. Plus, there’s the kudos of winning, and in some eyes, that’s just as important." But if you're a starving artist looking for more than kudos, check out the song contest's spinoffs. Eurovision Choir of the Year, Eurovision Young Dancers and Eurovision Young Musicians all award prize money to their victors, [according to Eurovoix](https://eurovoix.com/2017/06/29/eurovision-choir-year-2017-winner-receive-recording-contract/). ```json { "@context": "https://schema.org", "@graph": [ { "@type": "BreadcrumbList", "@id": "https://money.com/eurovision-2018-how-much-winner-gets/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://money.com" }, { "@type": "ListItem", "position": 2, "name": "Lifestyle", "item": "https://money.com/lifestyle/" }, { "@type": "ListItem", "position": 3, "name": "Music", "item": "https://money.com/music/" }, { "@type": "ListItem", "position": 4, "name": "Here's How Much Prize Money the Eurovision 2018 Winner Gets" } ] }, { "@type": "WebSite", "@id": "https://money.com/#website", "url": "https://money.com", "name": "Money", "publisher": { "@id": "https://money.com/#organization" } }, { "@type": "WebPage", "@id": "https://money.com/eurovision-2018-how-much-winner-gets/#webpage", "url": "https://money.com/eurovision-2018-how-much-winner-gets/", "name": "Here's How Much Prize Money the Eurovision 2018 Winner Gets", "isPartOf": { "@id": "https://money.com/#website" }, "datePublished": "2018-05-12T18:00:21.000Z", "mainEntity": { "@id": "https://money.com/eurovision-2018-how-much-winner-gets/" }, "inLanguage": "en-US", "breadcrumb": { "@id": "https://money.com/eurovision-2018-how-much-winner-gets/#breadcrumb" }, "dateModified": "2024-04-17T10:27:40.000Z" }, { "@type": "Article", "headline": "Here's How Much Prize Money the Eurovision 2018 Winner Gets", "articleSection": "Lifestyle", "image": [ { "@type": "ImageObject", "url": "https://img.money.com/2018/05/180512-eurovision-winner.jpg", "width": 4928, "height": 3280, "caption": "180512-eurovision-winner" } ], "author": [ { "@type": "Person", "name": "Julia Glum", "url": "https://money.com/author/julia-glum/", "@id": "https://money.com/author/julia-glum/#author", "description": "Julia Glum joined Money in 2018 and specializes in covering financial trends that affect everyday Americans' wallets. 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