Beal Prize

The Beal Prize was funded by Andrew Beal, a prominent banker who is also a mathematics enthusiast. An AMS-appointed committee will award this prize for either a proof of, or a counterexample to, the Beal Conjecture published in a refereed and respected mathematics publication. The prize money currently US$1,000,000 is being held in trust by the AMS until it is awarded. Income from the prize fund is used to support the annual Erds Memorial Lecture and other activities of the Society. The Beal conjecture and prize were announced in an article that appeared in the December 1997 issue of Notices of the American Mathematical Society. One of Andrew Beal's goals is to inspire young people to think about the equation, think about winning the offered prize, and in the process become more interested in the field of mathematics. Beal Prize Conjecture If Ax + By = Cz , where A, B, C, x, y and z are positive integers and x, y and z are all greater than 2, then A, B and C must have a common prime factor. [By way of example, 33 + 63 = 35, but the numbers that are the bases have a common factor of 3, so the equation does not disprove the theorem; it is not a counterexample.] Procedures for Determination of an Award of the Beal Prize The administration of the Beal Prize is overseen by a Beal Prize Committee (BPC) to be appointed by the President of the American Mathematical Society (AMS). The formal charge of the BPC and the Procedures for Determination of an Award of the Beal Prize are subject to the review and approval by the Council of the AMS. The Beal Prize Fund is held as a restricted asset of the American Mathematical Society (AMS), with US$1,000,000 to be awarded if, in the judgment of the BPC, the conjecture is proved or a counterexample is presented.

$1,000,000 Navier-Stokes Equation

This is one of the six unsolved millennium problems which if solved net the solver $1 million. The Navier-Stokes equations help us understand and predict turbulence or air flow or waves in a mathematical sense.

Claymath.org The thing is, we don't actually understand them anywhere near as well as we should. Fluids are hard to understand but crucially important. With Navier-Stokes, someone has to invent new ideas that we can get from rudimentary partial differential equations to a total understanding of the equation. We need to know that "smooth, physically reasonable solutions" exist for the equations, in the words of Chlarles L. Ferfferman. Describe them and the prize is yours.

====Riemann $1,000,000 Riemann Hypothesis

This is another Millennium Problem. When you look at the prime numbers among all natural numbers, you won't notice a pattern. However, G.F.B. Riemann observed in the 19th Century that the frequency of prime numbers is closely related to the behavior of the Riemann Zeta function: (s) = 1 + 1/2s + 1/3s + 1/4s + ... The Reimann hypothesis is that all the interesting solutions of (s) = 0 lie on a vertical straight line. For the first 1.5 billion solutions, mathematicians have checked and saw that he was right. If you prove it is true, you get the check.