A prize will be 'awarded' to the student who sells the most tickets.
an 'awards' ceremony [=a ceremony at which awards are given out]
The company is 'awarding' the contract to the lowest bidder.
(..) I would have thought you'd only find out if you won or lost. That is generally the case, yes, but these are special circumstances. The awards are substantial. They require private funding as such... ...the image of the Nobel is... I see, you came here to find out if I was crazy? (..)2001 A Beautiful Mind