THE COLBERT REPORT star joked he could get weeks worth of material for his show from picking up the prize, but conceded it meant a lot to him.
He said, "What an honour. An honour to receive and an honour for you to give to me."
Colbert also used the ceremony to reveal his plans to pen a book about the US.
He explained, "(It will be) what is best and what's worst about America. You know, it's 20 subjects ... all of the important things, the culture war, religion, hygiene, sports."
Source: WENN