Ruth Lilly Poetry Prize
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The Ruth Lilly Poetry Prize is awarded annually by The Poetry Foundation, which also publishes Poetry magazine. The prize was established in 1986 by Ruth Lilly. It honors a living U.S. poet whose "lifetime accomplishments warrant extraordinary recognition"; its value is $100,000[1][2] making it one of the richest literary prizes in the world. The prize has been called "among the most prestigious awards that can be won by an American poet".[3]