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Since 1999 the International Cricket Council has decided that the world cup trophy will not be awarded to the winning team for good. In place of that a replica will be provided to the winners.
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Before every world cup, the trophy is displayed in all the participating countries. It is also awarded to the winners at the final prize distribution ceremony but afterwards it has to be returned to the ICC. Australia has won the World Cup three times, the West Indies twice while India, Pakistan and Sri Lanka have won once each.