Mercury Prize £25,000. The winner also receives an additional winner's trophy. To date, PJ Harvey is the only artist to have won the award on more than one occasion (in 2001 and 2011). She was also the first female solo artist to receive the award. Alex Turner has received five nominations as a member of Arctic Monkeys and The Last Shadow Puppets, winning once. Thom Yorke has 6 nominations, 5 with Radiohead and one for "The Eraser", but has never won. The Mercury Prize can have a considerable effect on sales for those artists who are shortlisted. Elbow saw a 700% sales
Mercury Prize folk, urban, grime, dance, jazz, blues, electronica and classical. Presentation of the awards usually takes place at an Awards Show in October, after the shortlist is announced at the Album of the Year Launch in September. It is often observed that bands whose albums are shortlisted, or win the prize, experience a large increase in album sales, particularly for lesser known acts. Each shortlisted artist receives a specially commissioned 'Albums of the Year' trophy at the Awards Show. Unlike some other music awards, the overall winner of the Mercury Prize also receives a cheque; in 2017, the prize money was