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$100 million prize to stop the nation on Melbourne Cup day

Oz Lotto is offering a record $100 million on Tuesday night after this week’s $70 million draw failed to throw up a winner.
Oz Lotto is offering a record $100 million on Tuesday night after this week’s $70 million draw failed to throw up a winner. Simon Askham

THE famous "get out stakes" will take on a completely different complexion on Melbourne Cup day.

It won't involve horses. It won't even be held at Flemington.

In fact, it won't be held until hours after the crowds have left Australia's most famous racetrack.

But if you're successful, you'll pocket more than the connections of just about every Melbourne Cup winner in history, combined.

That's right, Oz Lotto is offering a record $100 million on Tuesday night after this week's $70 million draw failed to throw up a winner.

Tatts Lotteries spokeswoman Elissa Lewis said a staggering 5.5 million entries were bought around the country for this week's draw.

More than seven million entries are expected to be sold ahead of next week's draw.

"Today we have already seen people collect their prizemoney from last night's draw (lower divisions) and reinvest it for next week straight away," Ms Lewis told APN Newsdesk on Wednesday.

Next week's guaranteed jackpot will eclipse the previous record of $90 million.

In order to win the $100 million, you need to have all seven numbers. If there is more than one winner, the $100 million will be shared.

Ms Lewis said 60% of entries are quick picks, meaning the numbers are randomly generated by a machine.

But if you are planning on taking matters into your own hands and choosing the numbers yourself, Ms Lewis had some tips.

These numbers have appeared the most in Oz Lotto's big jackpots: 6, 11, 23, 29, 34, 40 and 42.

And then there's the numbers that have appeared most frequently in the biggest Oz Lotto and Powerball draws in history: 2, 17, 21, 28 and 38.

But be warned - you're probably be better advised plonking your hard-earned on a 100/1 chance in the Cup and hoping for the best.*

In fact, you probably have a better chance of backing every winner on the Melbourne Cup card than you do of winning the $100 million.

You see, according to Oz Lotto's own website, the odds of winning claiming the first division prize with one game are 45,379,620/1.

That improves to 3,781,635/1 if you purchase 12 games.

So by all means buy an Oz Lotto ticket or two, but while you are at the newsagent fork out for a form guide as well.

It's probably a safer bet.

*Just for the record, only three 100/1 winners have claimed the Melbourne Cup in 150 years.

WHAT YOU COULD BUY WITH $100 MILLION

  • Vincent Van Gogh's Portrait de l'artiste sans barbe (1889). Estimated value $100m.
  • 50 Ashton Martin One-77 ($2m each).
  • One Caribbean paradise - Ronde Island
  • South Molle Island in the Whitsunday Islands, which is on the market for $30 million. It is the only commercially operating island in the Whitsundays, has a 9-hole golf course, a resort and backpackers and a private mile-long beach. And you'll have $70 million change to play with.
  • 173,913 bottles of Penfolds Grange, vintage 2000 ($575 per bottle)
  • An Airbus A320neo, which seats 150-180 passengers and cruises at an average 511 mph at 36,000 feet and can land at most international airports. Cost $96.7milion

Topics:  melbourne cup, oz lotto




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