Australian couple hid $100,000 lottery ticket in a safe for eight months

Comment #7

KY Floyd — Tue, 27 Apr 2021 03:18:01 GMT

Apparently this couple had a lot of decisions to make.

If I win millions I'll have decisions and stuff to do that will take a while before I claim, but it won't take 8 months. If I win 100 and have the option of claiming the money without forming a new trust or LLC while still being able to remain anonymous I won't have any decisions that can't be made while th mney is already in my possession.

Comment #6

Coin Toss — Mon, 26 Apr 2021 18:26:13 GMT

Tie me lotto ticket down, sport

Tie me lotto ticket down.........

Comment #5

Stack47 — Mon, 26 Apr 2021 00:59:36 GMT

We have a few bills we want to pay first

They had bills to pay but still waited. And whether or not $100,000 is considered life changing, it's still a lot of money and obviously enough to pay their bills.

Still can't think a logical reason to wait 8 months to collect.

Comment #4

Mata Garbo — Sun, 25 Apr 2021 13:55:12 GMT

I tend to believe that they waited 8 months precisely because it was not millions of dollars. When you win millions there are no lingering after effects, but with 100k if you are not careful it could quickly disappear. Apparently this couple had a lot of decisions to make. For example; exactly which relatives do you really want to help? Which creditors do you want to completely pay off and which accounts do you want to keep open for credit purposes?. Thank goodness they did not have relationship... [ More ]

Comment #3

kao1632 — Sun, 25 Apr 2021 05:42:15 GMT

Australian Lottery winners can remain anonymous. Note how they aren't named. They also don't pay tax on lottery winnings (I checked the relevant Australian tax department page :)).

However, the lottery people do ask them a few questions to give them a story... The news release would have been 'approved by the couple (I imagine.. pretty sure that there is no obligation to say anything, but a story that can grab attention.. I mean. Couple win $100,000 claim it immediately. Plan to pay off debts... [ More ]

Comment #2

HaveABall — Sun, 25 Apr 2021 05:34:20 GMT

Yes, I too wonder why they waited 8 months. It was only 100,000 and that's easy for a family of four or so to spend.

Anyhow congratulations folks

Comment #1

Stack47 — Sun, 25 Apr 2021 03:16:11 GMT

I thought Australian Lottery winners could remain anonymous and paid no taxes on the winnings.

We have a few bills we want to pay first

But they still waited eight months to collect?

Some of the multi-million U.S. winners collected on the first day they could, their identity was made known, and 24% was deducted in federal taxes along with any state tax. Is it just me or am I missing the obvious reason they waited so long to collect.

Australian couple hid $100,000 lottery ticket in a safe for eight months

Lottery Post — Sat, 24 Apr 2021 23:39:34 GMT

New South Wales couple knew about their win since last year

By Kate Northrop

A man and a woman from Australia purposefully waited eight months to collect their $100,000 prize and kept their winning ticket hidden away in a safe before making the claim.

The anonymous pair won the lottery last year when they scooped up the $100,000 first prize for the Lucky Lotteries Super Jackpot drawing on Mon., Aug. 10, 2020. It's a wonder they were able to wait so long to claim it, but according to the... [ More ]