We also have burn address now.
Thanks to Earlz.
R9HC5WtHbpoa51NCUAz86XLCmGTbkf45NThttps://gist.githubusercontent.com/Earlz/de3cc5f6ee85c7a69d53/raw/e9b8f53ddadd1677fc2fd2a0f1df8547e08ae408/gistfile1.txt (Version 60)
As for how they're generated, an address is just an irreversible cryptographic hash of a public key. In this case of the burn address, instead of using public key, the value 0 is used. So, the only way you could spend it is if you could generate a private key which had a public key of 0, which is proven to be impossible.
I will burn coins from Appollo program in few hours....(And it will continue every day)