The James Randi Educational Foundation (JREF) currently offers a prize of one million U.S. dollars to eligible applicants who can demonstrate a supernatural ability under agreed-upon scientific testing criteria. Similar to the paranormal challenges of John Nevil Maskelyne and Houdini, in 1964, Randi put up $1,000 of his own money payable to anyone who could provide objective proof of the paranormal.[76]
Since then, the prize money has grown to the current $1,000,000, and has formal published rules. No one has progressed past the preliminary test, which is set up with parameters agreed to by both Randi and the applicant.
He refuses to accept any challengers who might suffer serious injury or death as a result of the testing.[77]
As of 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.[78] As a result, resources would not have to be spent testing obscure claimants and could instead focus on prominent alleged psychics and mediums such as Sylvia Browne, Allison DuBois and John Edward with a campaign in the media.[78]
On Larry King Live, March 6, 2001, Larry King asked Sylvia Browne if she would take the challenge and she agreed.[79]
Then Randi appeared with Browne on Larry King Live on September 3, 2001, and she again accepted the challenge.[80] However, she has refused to be tested and Randi keeps a clock on his website recording the number of weeks that have passed since Browne accepted the challenge without following through.[81] During Larry King Live on June 5, 2001, Randi challenged Rosemary Altea to undergo testing for the million dollars.
However, Altea would not even address the question.[82] Instead Altea, in part, replied "I agree with what he says, that there are many, many people who claim to be spiritual mediums, they claim to talk to the dead.
There are many people, we all know this. There are cheats and charlatans everywhere."[82]
Then on January 26, 2007, Altea and Randi again appeared on Larry King Live. Once again, she refused to answer whether or not she would take the One Million Dollar Paranormal Challenge.[83] In October 2007, John Edward appeared on Headline Prime, hosted by Glenn Beck; when asked if he would take Randi's challenge, Edward responded, "I made a joke...would I allow myself to be tested by somebody who's got an adjective for a first name?"[84]
JREF maintains a public log of past participants in the Million Dollar Challenge.