The Prizes

Distribution of prize money

There will be 12 major prizes awarded to the winners of the M5 Competition, which will be further distributed among the participants based on (i) the hierarchical levels that their forecasts exceled and (ii) the quantiles of the uncertainty distribution that were better captured. The Prizes will be awarded on December 8, 2020, during the M5 Forecasting Conference to be held in New York City. At this date, Kaggle will be issuing the payments digitally using its collaborating firm Payoneer.

The total of the $100,000 prize money will be distributed equally between the Forecasting and Uncertainty M5 competition as follows:

Prize ID Prize Amount
1A Most accurate point forecast $25,000
2A Second most accurate point forecast $10,000
3A Third most accurate point forecast $5,000
4A Fourth most accurate point forecast $3,000
5A Fifth most accurate point forecast $2,000
6A Most accurate student point forecasts $5,000
Total: M5 Forecasting Competition – Point Forecasts $50,000
1B Most precise estimation of the uncertainty distribution $25,000
2B Second most precise estimation of the uncertainty distribution $10,000
3B Third most precise estimation of the uncertainty distribution $5,000
4B Fourth most precise estimation of the uncertainty distribution $3,000
5B Fifth most precise estimation of the uncertainty distribution $2,000
6B Most precise student estimation of the uncertainty distribution $5,000
Total: M5 Forecasting Competition – Uncertainty Distribution $50,000
Total: M5 Competition $100,000