<P> The laureate is also invited to give a lecture during `` Nobel Week '' in Stockholm ; the highlight is the prize - giving ceremony and banquet on 10 December . It is the richest literary prize in the world by a large margin . </P>
<P> The laureate is also invited to give a lecture during `` Nobel Week '' in Stockholm ; the highlight is the prize - giving ceremony and banquet on 10 December . It is the richest literary prize in the world by a large margin . </P>
when is the nobel prize for literature awarded
when is the nobel prize for literature awarded
10 December
10 December