What is the name for seven of the most well-known and important unsolved problems in the field of mathematics?
In order to celebrate mathematics in the new millennium, The Clay Mathematics Institute of Cambridge, Massachusetts (CMI) established seven "Millennium Prize Problems", the prizes of which (1 Million US Dollars - for each correct solution) are conceived to record some of the most difficult problems with which mathematicians were grappling at the turn of the second millennium; to elevate in the consciousness of the general public the fact that in mathematics, the frontier is still open and abounds in important unsolved problems; to emphasize the importance of working towards a solution of the deepest, most difficult problems; and to recognize achievement in mathematics of historical magnitude.
More Info:
www.claymath.org