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Nenana Ice Classic

Tags: Ice Classic Alaska

Function family: Linear Topic: Climate change

Nenana Ice Classic

A contest held every year in Alaska. Participants bet on when the ice in the Nenana River will melt.

In early March, a tripod is built on the ice and tied by a cable to a clock on a tower on the bank. When the ice breaks, the tripod falls over and the cable stops the clock; the person who guesses the date closest to the time the clock stops wins the jackpot ($\$300,\!000$ in 2016). Since its start in 1917 by bored railroad engineers waiting for the winter to end, a hundred years of data have been collected.

From the wikipedia article

The Nenana Ice Classic is a non-profit charitable gaming organization. As such, the proceeds benefit many volunteer and non-profit organizations. […] In 1917, railroad engineers bet $\$801$ on when the ice would break. In 2009 the 93rd annual prize money was $\$283,\!723$. In 2014 the jackpot was a record $\$363,\!627$. Since the Classic’s beginning in 1906 over 10 million dollars in prize money has been given away.