Actually, I heard him say something to the effect "I'll decide whether to accept it (the prize) when it's offered". Also, I wouldn't put absolute faith in the $74/month figure, the media isn't known for it's stellar fact-checking ability. But if you believe that money corrupts, the same applies equally to others as to yourself. So to create all sorts of problems for himself and his mother, both extrenal and internal, by taking the money would be immoral in that light.
While everyone, myslef included, is quick to assign philosophical motivations for this, it probably something more mundane and vague, like simple shyness or some internal dilemna to which the world is not privy.