If you are bestowed with the highest honor in your dream, such as the Nobel peace prize or a bravery award, this could suggest a desire for your qualities and actions to be recognized by the appropriate person or authority in waking life.
Dreaming of winning a particular prize, such as the Booker prize for literature, could be encouraging you to develop your interest in writing and those ideas for a novel that you have never put down on paper. Perhaps you have an unknown potential to be a best-selling author and your unconscious mind is urging you to have a go. The same applies to dreams when you create a beautiful painting or sculpture. Your unconscious is indicating that you should explore your artistic potential.... The Element Encyclopedia