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International Business Times UK
International Business Times UK
Business
Niloy Chakrabarti

Queensland Man Delays Claiming $1M Lottery Winnings For a Month Thinking it Wasn't Real

Lottery winnings are taxable income.

A Queensland man won over £738,110 ($1 million) in the Saturday Gold Lotto draw on 12th April. However, lottery officials had to wait for the ticket holder to claim the winnings in person as the entry wasn't registered.

The man from Gympie, close to the Sunshine Coast, held one of the three division one winning entries nationally. When he visited the local news agency to verify the ticket, he was told they couldn't pay out the prize. 'That's when I knew it was big,' the man said. 'I just had to sit and ponder the win for a month. I couldn't believe it.'

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