Kirkus Reviews, one of the best-known outlets for book reviews, has created three new literary awards. Each carries a $50,000 prize, and are among the largest cash awards in the literary world.

The categories will award one prize each to fiction, nonfiction, and juvenile books. Only books that have received a starred review in the magazine will be eligible. Since the magazine has included self-published works for a while, and is now integrating self-pub reviews into the reviews of traditionally published books, this is a great opportunity for the best books to shine.