Lottery ticket lottery winner Australia
Share and Follow

Many Australian lottery winners aren’t splurging their cash on big-ticket items like cars or houses after taking home their winnings, according to a new report.

The Lott surveyed division one winners from 2024 – who won a combined $1.56 billion – on how they spent their millions, and most said they either invested in the future or lavished family and friends with gifts.

More than half of the winners said they set themselves up for the future with investments, while 38 per cent said they helped out loved ones with their shock windfall.

Lottery ticket lottery winner Australia
The Lott surveyed division one winners from 2024 on how they spent their winnings. (The Lott)

The Lott spokesperson Anna Hobdell said these results aren’t surprising for division one winners, who take home life-changing amounts of money.

“Winners often tell us their bodies go into overdrive the moment they hear the life-changing news, with hearts racing, hands trembling, and even a wave of nausea setting in,” Hobdell said.

“But once the news sinks in, most winners can’t wait to share the joy with people in the know.

“After the initial shock wears off, many winners are quick to tell their partners, family, or closest mates. 

“Only about eight per cent keep it completely under wraps and tell absolutely no one.”

Plenty of lucky winners decided to buy some unique items, including a pair of hand-crafted leather shoes, a set of watches for their family, a hair transplant in Turkey, and some electric mountain bikes.

Another 33 per cent of winners said they bought a new car, but only 19 per cent reported buying a new house.

Some said they decided to travel the world with their newfound fortune, flying to destinations such as Thailand, Bali, Phuket, the Gold Coast and Alaska.

Lottery ticket lottery winner Australia
Plenty of winners said they travelled the world with their newfound fortune. (The Lott)

And 17 per cent of the surveyed winners said they used their prize to donate to charity.

One newly deep-pocketed Aussie simply updated their old washing machine.

Reflecting on the life-changing injection into their bank account, a few winners also shared their advice for future lottery recipients.

“Treat your win as an opportunity to improve your circumstances, so don’t waste it,” one said.

“Tell very few people and write down who you told,” another warned.

Share and Follow
You May Also Like

Netanyahu Expresses Hope for Hostages’ Return from Gaza ‘Within Days’

Israeli Prime Minister Benjamin Netanyahu said on Sunday that he hoped to…
Federal agents, including members of the Department of Homeland Security, and the Border Patrol, hold back protesters outside a downtown U.S. Immigration and Customs Enforcement (ICE) facility.

Court Temporarily Halts Trump’s National Guard Deployment in Portland

A federal judge in the US state of Oregon has granted a…
Moreton Island bushfire

Negligent Beach Campfire Ignites Major Fire on Popular Tourist Island

A “careless” and illegal beach campfire sparked the first major bushfire on…
'Stay tuned': Trump promises 'immediate' ceasefire in Gaza

“Trump Vows ‘Immediate’ Ceasefire in Gaza: ‘Stay Tuned'”

When word reached the White House on Friday afternoon that Hamas had,…

‘Australia’s Oldest Man Celebrates 112 Years with “Determination and Ingenuity”‘

Through five global pandemics and two World Wars, Ken Weeks has lived…

When do the NRL and NRLW grand finals start?

It’s set to be a big weekend for rugby league fans, with…
An ANZ logo on one of the bank's offices in Sydney.

Leading Bank Shares Unexpected Update That Will Disappoint Many

ANZ has become the third of the big four banks to strike…
Severe storms swept western NSW on Tuesday bringing heavy rain , strong winds and hail as well as thousands of lightning strikes. Taken near Nyngan Photo Nick Moir 24 Nov 2023

Revolutionary Technology Offers Early Prediction of Life-Threatening Thunderstorm Asthma

Six new automated pollen counters are being rolled out in Victoria to…