The Triwizard Tournament is a magical contest traditionally held between the three largest wizarding schools of Europe; Hogwarts School of Witchcraft and Wizardry, Durmstrang Institute of Magical Learning and Beauxbatons Academy of Magic. Each school is represented by one champion who competes in a series of challenges set by the Head Sorcerer of the Triwizard Tournament — traditionally judged by the Headmasters of Headmistresses of the competing schools — designed to test one's intelligence, magical ability and courage. Champions compete for a monetary prize — typically one thousand galleons — and the Triwizard Cup which is displayed at the victor's school.