One Million Dollar Paranormal Challenge

The One Million Dollar Paranormal Challenge was an offer by the James Randi Educational Foundation (JREF) to pay out one million U.S. dollars to anyone who can demonstrate a supernatural or paranormal ability under agreed-upon scientific testing criteria. A version of the challenge was first issued in 1964, and over a thousand people applied to take it, but none were successful. The challenge was terminated in 2015.

James Randi developed the idea for the challenge during a radio panel discussion when a parapsychologist challenged him to "put [his] money where [his] mouth is." In 1964, Randi started offering $1,000, then $10,000 prizes. Later, Lexington Broadcasting wanted Randi to do a show called the $100,000 Psychic Prize, so they added $90,000 to the original $10,000 raised by Randi. Finally, in 1996, one of his friends, Internet pioneer Rick Adams, donated US $1,000,000 for the prize. The prize is sometimes referred to in the media as the "Randi Prize".

By April 1, 2007, only those with an already existing media profile and the backing of a reputable academic were allowed to apply for the challenge. It was hoped that the resources freed up by not having to test obscure and possibly mentally ill claimants would then be used to challenge high-profile alleged psychics and mediums such as Sylvia Browne and John Edward with a campaign in the media.

On January 4, 2008, it was announced that the prize would be discontinued on March 6, 2010 in order to free the money for other uses. In the meantime, claimants were welcome to vie for it. One of the reasons offered for its discontinuation is the unwillingness of higher-profile claimants to apply. However, at The Amaz!ng Meeting 7, it was announced that the $1 Million Challenge prize would not expire in 2010. The Foundation issued a formal update on its website on July 30, 2009, announcing the Challenge's continuation, and stated more information would be provided at a later date on any possible changes to the requirements and procedures.

As an April Fool's prank on April 1, 2008, at the MIT Media Lab, Randi pretended to award the prize to magician Seth Raphael after participating in a test of Raphael's "psychic abilities".

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