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A punter in New Zealand became an instant millionaire after turning a $30 first four bet on the Melbourne Cup into a life changing $1,168,185.

The punter from Bishopdale in Christchurch placed four $30 first four bets on the Melbourne Cup with one of those bets returning the record breaking $1,168,185 collect.

“The retired man from Bishopdale in Christchurch placed a combination of First4 bets totalling $120. One of those combinations for $30 returned $1,168,185,” McKenzie told Stuff.co.nz.

The collect was the biggest prize ever paid out by the New Zealand TAB on the Melbourne Cup.

“We’ve been back through our records and this is the biggest collect we’ve ever returned. Looking back as far as 2013, the next biggest Melbourne Cup win was $364,016,” McKenzie said.

The winning bet:

1st: Twilight Payment or Tiger Moth

2nd: Twilight Payment or Tiger Moth

3rd: Prince of Arran or The Chosen One

4th: Prince of Arran or The Chosen One

 
*Existing customers only. 2nd Racing bet. Excl SA & WA. T’s & C’s apply. Gamble responsibly.
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