The winning book is chosen by a panel of judges drawn from from the British Science Fiction Association, the Science Fiction Foundation, and SF Crowsnest. The winner is given a prize consisting of a number of pounds sterling equal to the current number of the calendar year (i.e. in 1987, for winning the award she was horrified to receive, Atwood was given 1,987 pounds sterling). You can find the official website for the award here.
1987 Arthur C. Clarke Winner: The Handmaid's Tale by Margaret Atwood
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